Announced

I Squared Capital to acquire a majority stake in Royale Cold Storage.

Synopsis

I Squared Capital, a private equity firm, agreed to acquire a majority stake in Royale Cold Storage, a cold chain logistics company. Financial terms were not disclosed. “Its strong national presence, long-standing customer relationships, and scalable infrastructure make it an ideal platform to build a leading cold chain network across the country,” Harsh Agrawal, I Squared Senior Partner.

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