Ridgewood Infrastructure Acquires Valley Cold Storage & Transportation

Ridgewood Infrastructure Portfolio Company Sierra Railroad Company Acquires Central Valley Ag Transport

March 16, 2026

Transportation

Sierra Railroad Company, a portfolio company of Ridgewood Infrastructure, acquired Central Valley Ag Transport (CVAT). The acquisition strengthens Sierra’s short line rail platform by vertically integrating agricultural transload capabilities serving customers along Sierra Northern Railway’s network in California. Financial terms were not disclosed.

Ridgewood Infrastructure Acquires Controlling Interest in Sierra Railroad Company

March 11, 2026

Transportation

Ridgewood Infrastructure acquired a controlling interest in California-based shortline rail platform Sierra Railroad Company. Simultaneously, Sierra acquired Central Valley Ag Transport (CVAT) to vertically integrate agricultural transload capabilities, and the transaction includes Sierra’s hydrogen locomotive subsidiary Railpower, Inc.

Lineage Acquires Bellingham Cold Storage Warehouses

April 1, 2025

Logistics & Distribution

Lineage, Inc. acquired three temperature-controlled warehouses and related assets from Bellingham Cold Storage, representing approximately 24 million cubic feet of capacity and about 85,000 pallet positions across three Washington locations (Bellingham Waterfront, Orchard/I-5, and Burlington Dry). The deal expands Lineage’s Pacific Northwest network and provides a strategic footprint at the Port of Bellingham to better serve seafood, agriculture and broader food & beverage customers.

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.

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.

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.