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New Deal


Announced

A group of investors led a $1.7bn funding round in Lineage Logistics.

Financials

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Transaction Value£1,258m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Venture Capital

Minority

Single Bidder

Cross Border

Friendly

Acquisition

Completed

Private Equity

Third Party Logistics (3PL)

temperature-controlled logistics

United States

Private

Synopsis

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A group of investors including BentallGreenOak, CenterSquare Investment Management, Cohen & Steers, D1 Capital Partners, Healthcare of Ontario Pension Plan, NYSTRS, OP Trust, Oxford Properties, QuadReal Property Group, Rabobank and StepStone, led a $1.7bn funding round in Lineage Logistics, the world’s largest and most innovative temperature-controlled industrial REIT and logistics solutions provider. "This latest round of funding is further validation of our business strategy and will be used to double down on our commitment to offering innovative, end-to-end supply chain solutions for our customers worldwide," Greg Lehmkuhl, Lineage President and CEO.

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