What is Lineage?
Lineage, formerly known as Lineage Logistics, is the world's largest temperature-controlled warehouse real estate investment trust, headquartered in Novi, Michigan. The company specializes in providing comprehensive cold chain solutions for the global food supply chain. Its offerings encompass warehousing, transportation, port services, high-pressure processing, automation, and data analytics, operating a vast network of strategically located facilities. Founded by Bay Grove Capital, Lineage has established itself as a leader in temperature-controlled logistics, essential for preserving the integrity and safety of food products worldwide.
How much funding has Lineage raised?
Lineage has raised a total of $11B across 12 funding rounds:
Debt
$220M
Debt
$700M
Multiple Rounds
$1.2B
Other Financing Round
$1.9B
Unspecified
$1.7B
Unspecified
$700M
Stock Offering
$4.4B
Other Financing Round
$100M
Private Equity
$1.5M
Debt (2013): $220M with participation from Undisclosed
Debt (2018): $700M led by D1 Capital Partners and Stonepeak Partners
Debt (2020): $500M supported by KKR, Barclays, and Credit Suisse
Debt (2020): $300M featuring Credit Suisse
Private Equity (2020): $80M backed by CenterSquare Investment Management LLC
Private Equity (2020): $360M with participation from Oxford Properties Group
Other Financing Round (2021): $1.9B led by BentallGreenOak, D1 Capital Partners, OP Trust, Cohen & Steers, Conversation Capital, CenterSquare Investment Management, MS Tactical Value, and Oxford Properties
Unspecified (2022): $1.7B supported by CenterSquare Investment Management, D1 Capital Partners, Cohen & Steers, and BentallGreenOak
Unspecified (2022): $700M, investors not publicly disclosed
Stock Issuance/Offering (2024): $4.4B, investors not publicly disclosed
Other Financing Round (2024): $100M, investors not publicly disclosed
Private Equity (2026): $1.5M, investors not publicly disclosed
Key Investors in Lineage
Undisclosed Investors
Undisclosed Investors
Oxford Properties
Oxford Properties is a global real estate investment firm with a diverse portfolio, known for its strategic investments in various sectors including logistics and industrial properties.
What's next for Lineage?
The substantial capital infusion, particularly the recent strategic investment, positions Lineage for accelerated expansion and innovation within the temperature-controlled logistics market. This financing is expected to fuel further development of its global infrastructure, enhance its technological capabilities in automation and data analytics, and potentially support strategic acquisitions. As the demand for efficient and reliable cold chain solutions continues to grow, driven by global trade and consumer expectations, Lineage is poised to solidify its market leadership and drive advancements in supply chain resilience and sustainability.
See full Lineage company page
