NJ Frozen Storage Services, LLC
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NJ Frozen Storage Services, LLC - overview
Established
2014
Location
Edison, NJ, US
Primary Industry
Logistics & Distribution
About
NJ Frozen Storage Services, LLC provides specialized cold chain logistics solutions for the food and beverage industry, ensuring strict temperature control and compliance during shipping. Founded in 2014, NJ Frozen Storage Services, LLC operates out of Edison, New Jersey, USA, focusing on cold storage and logistics services. The company underwent a significant change in ownership when Trive Capital acquired it in March 2021 to enhance its technological capabilities. Guy Ironi serves as the CEO.
NJ Frozen Storage Services specializes in turnkey cold chain logistics, offering comprehensive services for eCommerce food and beverage brands requiring precise temperature control. The company provides nationwide temperature-controlled distribution centers, white-glove pick and pack services, and proprietary technology tailored for perishable fulfillment. Their customer base primarily includes businesses in the food and beverage sectors, ensuring compliance with FDA regulations while accommodating diverse packaging needs such as custom packaging, insulated liners, dry ice, and gel packs. The company generates revenue through a structured transaction model that encompasses B2B relationships and direct-to-consumer services.
Partnerships with eCommerce brands are facilitated through subscription-based logistics solutions, providing access to proprietary technology and temperature-controlled shipping options. Contracts typically outline service levels tailored to the specific needs of perishable products, enhancing operational efficiency and ensuring timely delivery. Following the acquisition by Trive Capital in March 2021, NJ Frozen Storage Services, LLC plans to expand its operations and enhance its technology. The recent funding will support initiatives aimed at developing new products and services to meet evolving market demands.
Additionally, the company is exploring opportunities for geographic expansion into new regions, with specific target markets to be defined in upcoming strategic plans.
Current Investors
Trive Capital
Primary Industry
Logistics & Distribution
Sub Industries
Courier & Delivery Services, Heating, Cooling & Ventilation Equipment and Services, Food & Beverage Distribution, Warehouses
Website
www.nutrifreshservices.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
NJ Frozen Storage Services, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | NJ Frozen Storage Services, LLC | - |
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