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New Deal


Announced

Completed

Platform Ventures-backed Vertical Cold Storage completed the acquisition of MWCold.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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warehousing

United States

Storage Facilities

Acquisition

Domestic

Majority

Private

Completed

Friendly

Single Bidder

Real Estate

Synopsis

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Platform Ventures-backed Vertical Cold Storage, a developer and operator of temperature-controlled distribution centers, completed the acquisition of MWCold, an operator of two strategically located temperature-controlled warehouse facilities in central Indiana. Financial terms were not disclosed. “We are excited to welcome the MWCold team to Vertical Cold and provide them with the opportunity to continue to grow personally and professionally as we serve our customers by embracing the unique complexities of the temperature-controlled supply chain. We are a team of cold storage veterans focused on integrating the people, processes and technology of our growing network as quickly as possible so we can deliver a consistent level of quality service throughout our network,” West Hutchison, Vertical Cold Storage President and CEO.

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