NOVA Coldstore has been acquired by Lineage
The private shareholders of NOVA Coldstore have sold the company to Lineage. The acquisition of NOVA materially expands Lineage’s facility footprint and the breadth of their customer base within the New England region.
NOVA Coldstore is a leading cold chain logistics provider that offers a comprehensive range of cold storage and related ancillary services to food wholesalers and distributors through its two best-in-class facilities in the Boston metropolitan area.
Lineage is one of the world’s leading temperature-controlled industrial REITs and integrated cold storage solutions providers with a global network of over 400 strategically located facilities, totaling more than 2.5 billion cubic feet of capacity across countries in North America, Europe and Asia-Pacific. Headquartered in San Francisco, California, Bay Grove is a principal investment firm dedicated to partnering with strong management teams to invest in and build long-term platform investments.
Oaklins TM Capital in the US served as the exclusive financial advisor to NOVA Coldstore in connection with its sale to Lineage, a portfolio company of Bay Grove.
Jay Rosen
President and CEO, NOVA Coldstore
Talk to the deal team
Related deals
PiLON has been acquired by United Living Group
United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.
Learn moreReSolve Advisory has been acquired by Evelyn Partners
Evelyn Partners has acquired ReSolve Advisory. Evelyn’s mission “to place the power of good advice into more hands” complements ReSolve’s values, bringing together two firms dedicated to impactful, client-centered advisory services. This strategic partnership will expand ReSolve’s reach and enable it to serve a broader client base with increased resources and national coverage, reinforcing both firms’ commitment to excellence in client outcomes.
Learn moreHolyhead Towing Company Ltd. has been acquired by Fortuna Ltd.
Fortuna Ltd. has acquired Holyhead Towing Company Ltd. Holyhead Towing, a trusted provider in the maritime and towing services sector, brings essential expertise and operational capabilities to Fortuna, enhancing the group’s marine logistics support and aligning with its strategic objectives. This acquisition marks a pivotal moment in Holyhead Towing’s journey, supporting its growth and service capacity within Fortuna’s international operations.
Learn more