Vertical Cold Storage Acquires MWCold

Vertical Cold Storage Acquires Arctic Logistics

April 2, 2025

Logistics & Distribution

Vertical Cold Storage, sponsored by Platform Ventures, acquired Arctic Logistics' 140,000 sq ft cold storage facility in Canton, Michigan. The acquisition expands Vertical Cold's national footprint and cross-border capabilities for U.S.-Canada trade; terms were not disclosed.

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.

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.

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.

TorQuest Partners Acquires VersaCold Logistics Services

December 16, 2020

Logistics & Distribution

TorQuest Partners, together with co-investors The Investment Management Corporation of Ontario (IMCO) and OPTrust, completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoé Cambridge. VersaCold's management (led by Mike Arcamone as CEO) rolled equity and will continue to operate the business as the new investors support growth of the company's temperature‑controlled warehousing and food logistics network in Canada.

Lineage Logistics Acquires MTC Logistics

March 9, 2022

Logistics & Distribution

Lineage Logistics acquired MTC Logistics, a cold-chain provider operating four refrigerated facilities near key U.S. East and Gulf Coast ports (Baltimore, Wilmington, Philadelphia and Mobile). The deal adds nearly 38 million cubic feet of capacity and over 113,000 pallet positions to Lineage's global temperature-controlled network; financial terms were not disclosed. MTC was a wholly owned subsidiary of Hoffberger Holdings, Inc.