M&A Deal Summary

Trive Capital Acquires ColdTrack

On March 10, 2021, private equity firm Trive Capital acquired transportation company ColdTrack

Acquisition Highlights
  • This is Trive Capital’s 3rd transaction in the Transportation sector.
  • This is Trive Capital’s 33rd transaction in the United States.
  • This is Trive Capital’s 1st transaction in New Jersey.

M&A Deal Summary
Date 2021-03-10
Target ColdTrack
Sector Transportation
Buyer(s) Trive Capital
Deal Type Buyout (LBO, MBO, MBI)
Advisor(s) TM Capital Corp. (Financial)

Target

ColdTrack

Edison, New Jersey, United States
ColdTrack is a national All-in-one High-Pressure Processing (HPP), perishable E-Commerce fulfillment, cold & frozen storage, and 3PL under one roof. With three dedicated Hiperbaric HPP machines, NutriFresh Services can provide its Direct-to-Consumer customers with shelf life extension benefits, reduced waste, and improved product quality. ColdTrack was founded in 2014 and is headquartered in Edison, New Jersey.

Search 201,292 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Trive Capital

Dallas, Texas, United States

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2012
PE ASSETS 7.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Trive Capital is a hands-on, operationally-focused private equity firm that targets complex or special situations in 'out of favor' but protected market niches. The Firm will consider businesses throughout North America offering differentiated products/services with leading/defensible industry positions. Trive looks to commit $10 to $300 million per investment in businesses generating revenues of $40 million to $1.5 billion. Sectors of interest include automotive, transportation, aerospace/defense, building products, construction, infrastructure, healthcare, manufacturing, industrial, chemicals, distribution, consumer goods, energy services, business services, and communications. Trive Capital was founded in 2012 and is based in Dallas, Texas.

DEAL STATS #
Overall 35 of 54
Sector (Transportation) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 12 of 15
State (New Jersey) 1 of 2
Country (United States) 33 of 51
Year (2021) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-02 OWL Services

Troy, Michigan, United States

OWL Services is an end-to-end equipment distributor and provider of installation, testing, inspection, maintenance, and repair services to fuel infrastructure and other customers across the Midwest. Oscar W. Larson Co. was founded in 1946 and headquartered in Troy, Michigan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-03-16 American Veterinary Group

Tampa, Florida, United States

American Veterinary Group owns and manages a network of veterinary hospitals that treat and protect over 50,000 pets annually. AVG delivers high touch practice management solutions to help veterinarians at all stages of the practice lifecycle, focus on the needs of their patients, instead of the needs of their business. American Veterinary Group was founded in 2012 and is based in Tampa, Florida.

Sell -
Mergr

Product

Company

Legal