12/06/2024
Citizens Advises Ridgewood Infrastructure on its Investment in Valley Cold Storage and Transportation
PROVIDENCE, RI – Citizens announced today that it served as the exclusive financial advisor to Ridgewood Infrastructure LLC, a leading infrastructure investor in the United States, on its investment in New Mexico-based Valley Cold Storage and Transportation.
Valley Cold is a leading provider of premium cold storage services to customers in southern New Mexico.
Ridgewood is a premier infrastructure investor in the U.S. lower middle market, with sectors of focus including water, energy transition, transportation and utilities.
Ridgewood Infrastructure Partner Ryan Stewart said: “The Citizens Transportation and Logistics team served as a trusted advisor to Ridgewood throughout the process. Their extensive cold storage knowledge and transaction experience was a benefit to this successful outcome.”
Citizens Director Sean Egan said: “Ridgewood has made another great investment and we look forward to the platform’s growth ahead.”
Citizens specializes in middle-market mergers and acquisitions. Citizens combines sector intelligence with a client-focused approach to realize our clients' true value. The Citizens team has more than 100 M&A professionals specializing in a range of industries across the United States. Citizens M&A Advisory is part of Citizens JMP Securities, LLC, a subsidiary of Citizens Financial Group (NYSE: CFG).
About Citizens Financial Group, Inc.
Citizens Financial Group, Inc. is one of the nation’s oldest and largest financial institutions, with $219.7 billion in assets as of September 30, 2024. Headquartered in Providence, Rhode Island, Citizens offers a broad range of retail and commercial banking products and services to individuals, small businesses, middle-market companies, large corporations and institutions. Citizens helps its customers reach their potential by listening to them and by understanding their needs in order to offer tailored advice, ideas and solutions. In Consumer Banking, Citizens provides an integrated experience that includes mobile and online banking, a full-service customer contact center and the convenience of approximately 3,100 ATMs and approximately 1,000 branches in 14 states and the District of Columbia. Consumer Banking products and services include a full range of banking, lending, savings, wealth management and small business offerings. In Commercial Banking, Citizens offers a broad complement of financial products and solutions, including lending and leasing, deposit and treasury management services, foreign exchange, interest rate and commodity risk management solutions, as well as loan syndication, corporate finance, merger and acquisition, and debt and equity capital markets capabilities. More information is available at www.citizensbank.com or visit us on X (formerly Twitter), LinkedIn or Facebook.
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