Largest automated frac sand terminal in the Utica Shale.
Now: data centers and smarter LTL freight.
DEVELOP
Every venture starts with identifying a gap the market hasn’t solved yet. Rick Frio has spent 25 years developing businesses in sectors where infrastructure, technology, and timing converge — from SaaS freight platforms and frac sand terminals to commercial solar projects and data center site selection. Frio Capital brings that development experience to bear on new opportunities across logistics, energy, and digital infrastructure.
FINANCE
Frio Capital Group provides capital, strategic guidance, and operational expertise to ventures at the intersection of technology, energy, and logistics. With a track record that includes co-founding a $2B+ freight platform, developing energy infrastructure across three states, and building LTL freight solutions for middle-market shippers, Frio Capital invests where it has earned the right to have conviction.
BUILD
Ideas don’t create value — execution does. Rick Frio has served as founder, CEO, Chairman, and operating partner across multiple ventures, building teams, infrastructure, and platforms from the ground up. Frio Capital doesn’t just back businesses. It builds them.