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Ridgewood Infrastructure & Savage Do Transportation and Logistics JV

March 9, 2020

Ridgewood Infrastructure and Savage Enterprises have formed Transportation Infrastructure Partners, a joint venture partnership focused on acquiring and operating essential transportation and logistics infrastructure throughout the United States. Savage will be the operator of investments made by the venture.

“Savage is one of the most well-respected transportation and logistics companies in North America,” said Ryan Stewart, Managing Director of Ridgewood Infrastructure. “Over its 70+ year history, Savage has distinguished itself as a leading provider of transportation, materials handling, environmental, and other industrial services.”

“We’re excited about our relationship with Ridgewood—a first of its kind for our company,” said Kirk Aubry, President and Chief Executive Officer of Savage. “Ridgewood is a highly capable partner with deep experience in the industries we serve and relationships that will help ensure the success of Transportation Infrastructure Partners.”

Ross Posner, Managing Partner of Ridgewood Infrastructure said: “We are very pleased to be partnering with Savage to build Transportation Infrastructure Partners into an important owner and operator of critical transportation and logistics infrastructure. Ridgewood and Savage share clear cultural and strategic alignment, and we bring complementary resources and capabilities to the partnership. We look forward to working with Savage for many years to come.”

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