Slate Asset Management’s infrastructure platform and Hamilton Lane have announced the acquisition of a majority equity stake in Cold-Link Logistics, one of the 10-largest privately held cold storage platforms in North America.
The acquisition was completed with the support of co-investment partners, led by GFH Partners.
Based in Hollywood, Fla., Cold-Link provides temperature-controlled storage and cold-chain solutions to a wide range of U.S. and multinational food and perishable-goods producers and distributors. The company owns and operates nine state-of-the-art cold storage facilities spanning nearly 78 million cubic feet of ambient, refrigerated and frozen capacity. Cold-Link’s facilities are located across the Central, Northeastern and Southeastern United States and are integrated and diversified across the food supply chain. The majority of its current operated pallet volume is concentrated in assets constructed in 2022 or later.
“In under 10 years,