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

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 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 MWCold

May 30, 2023

Logistics & Distribution

Vertical Cold Storage, a temperature-controlled warehousing platform sponsored by real estate investment firm Platform Ventures, has agreed to acquire MWCold, a fourth-generation, family-owned cold storage and logistics provider operating two facilities in central Indiana. The acquisition adds more than 545,000 square feet of multi-temperature, rail-served warehouse capacity (Indianapolis and Pendleton, IN) to Vertical Cold's Midwest footprint and will see MWCold CEO Tim Siddiq transition to an advisory role.

RealCold Acquires Forte Frozen

November 30, 2023

Logistics & Distribution

RealCold, a Florida-based cold storage provider, has acquired Denton, Texas–based Forte Frozen, adding five temperature-controlled warehousing and fulfillment facilities to its network. The transaction brings Forte's team into RealCold and expands the combined company's geographic coverage and direct-to-consumer fulfillment capabilities across key U.S. markets.

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.

Americold Realty Trust Acquires Cloverleaf Cold Storage

May 1, 2019

Logistics & Distribution

Americold Realty Trust (NYSE: COLD) has closed its acquisition of privately-held Chiller Holdco, LLC ("Cloverleaf Cold Storage"), adding a 22-facility portfolio (21 owned, 1 managed) totaling 132 million refrigerated cubic feet. The acquisition increases Americold's portfolio to over one billion refrigerated cubic feet and expands its temperature-controlled warehousing footprint and capabilities.