Americold Realty Trust Acquires Cloverleaf Cold Storage

Ridgewood Infrastructure Acquires Valley Cold Storage & Transportation

December 6, 2024

Logistics & Distribution

Ridgewood Infrastructure has acquired Valley Cold Storage & Transportation, a New Mexico–based provider of temperature-controlled storage and logistics services, to support the company’s continued expansion into existing and new markets. Citizens served as exclusive financial advisor to Ridgewood and Kirkland & Ellis represented Ridgewood on the transaction.

Vertical Cold Storage Acquires Liberty Cold Storage from West Liberty Foods

October 29, 2021

Logistics & Distribution

Vertical Cold Storage, a Platform Ventures‑sponsored developer and operator of temperature‑controlled distribution centers, has acquired Liberty Cold Storage in Bolingbrook, Illinois from West Liberty Foods. The deal—terms not disclosed—gives Vertical Cold a nearly 300,000 sq. ft. facility with intermodal access and strengthens its plan to build a national cold storage footprint while West Liberty Foods will remain a major customer.

Cold Chain Technologies Acquires Tower Cold Chain

October 23, 2024

Manufacturing

Cold Chain Technologies (CCT), a PE-backed provider of thermal packaging and digital monitoring solutions, has acquired Tower Cold Chain, a UK-based maker and operator of reusable passive temperature-controlled containers. The acquisition expands CCT's product portfolio, global service network and manufacturing capabilities to better serve pharmaceutical and life sciences customers worldwide.

Vertical Cold Storage Acquires Lone Star Cold Storage Facility in Richardson, TX

January 4, 2022

Logistics & Distribution

Vertical Cold Storage, sponsored by real estate asset manager Platform Ventures, has acquired Lone Star Cold Storage’s 227,331 sq. ft. temperature-controlled facility in Richardson, Texas. Terms were not disclosed; the acquisition expands Vertical Cold Storage’s U.S. network and provides Dallas–Fort Worth coverage, enabling reach to more than two-thirds of the U.S. within a two-day drive.

WillScot Mobile Mini Acquires A&M Cold Storage and Cold Box

August 10, 2023

Logistics & Distribution

WillScot Mobile Mini Holdings Corp. has acquired A&M Cold Storage (Ohio) and Cold Box (California), expanding its temporary cold storage and refrigerated-container capabilities. The acquisitions add roughly 3,500 climate-controlled containers, walk-in freezers, and refrigerated trailers to WillScot’s fleet and strengthen its service offering for temperature-sensitive end markets.

Tech24 Acquires AmeriCold and Arrowhead Commercial Equipment

August 26, 2022

HVAC & Mechanical

Tech24, backed by HCI Equity Partners, acquired AmeriCold (announced August 19, 2022) and Arrowhead Commercial Equipment (announced August 10, 2022) as add-on acquisitions to its Tech24 platform. The deals expand Tech24's cold-side refrigeration service capabilities and increase its market share in the New York metro/DC/Southeast Florida and Phoenix markets; financial terms were not disclosed.