TorQuest Partners completed the acquisition of VersaCold Logistics Services from KingSett Capital and Ivanhoe Cambridge.

TorQuest Partners, a Canadian-based manager of private equity funds, completed the acquisition of VersaCold Logistics Services, a cold storage warehousing and food logistics firm, from investment firms KingSett Capital and Ivanhoe Cambridge. Financial terms were not disclosed. "We welcome this investment and look forward to working with our new partners to capitalize on growing demand for cold storage logistics solutions. There will be no changes to the day-to-day operations as a result of the transaction and we remain fully committed to giving our customers the very best end-to-end supply chain solution available," Mike Arcamone, VersaCold CEO.