Ridgewood Infrastructure, an investment firm focused on essential infrastructure in the U.S. lower middle market, recently invested in Valley Cold Storage and Transportation, a provider of temperature-controlled storage and logistics solutions in strategically located markets.
“Valley Cold provides essential services that are critical to its customers’ supply chains,” Ryan Stewart, Ridgewood partner, said in a news release. “We are enthusiastic to start working with our partners at Valley Cold as we continue offering these vital services and explore new opportunities to grow and enhance their operations.”
Ridgewood’s acquisition of New Mexico-based Valley Cold comes at a time when the cold storage industry is experiencing significant growth, the company reported. With Ridgewood’s support, Valley Cold is well-positioned to capitalize on this trend and continue its expansion in both existing and new markets.
“We are thrilled to join forces with Ridgewood Infrastructure,” said Clay Bush, Valley Cold CEO and founder. “Their deep understanding of the infrastructure sector, logistics and supply chain management, and commitment to long-term growth make Ridgewood the perfect partner to help us take Valley Cold to the next level.”
Added Ross Posner, Ridgewood managing partner: “Ridgewood Infrastructure is excited to welcome Valley Cold to our portfolio. This acquisition aligns with our strategy of investing in essential infrastructure that supports critical supply chains. We’ve been evaluating the cold storage space for some time and what Clay and Jenny have built is special.
“We are looking forward to helping Valley Cold realize its growth potential.”
