Kelsian Group Acquires All Aboard America! Holdings, Inc.

Alaska Air Group Acquires Hawaiian Holdings

September 18, 2024

Transportation

Alaska Air Group, Inc. completed its acquisition of Hawaiian Holdings, Inc., combining Alaska Airlines and Hawaiian Airlines to create a larger carrier with expanded domestic and international networks. The deal preserves both brands initially, aims to integrate operations over time (including a single FAA operating certificate), and is intended to deliver network growth, customer benefits and significant synergies.

Arcline Investment Management Acquires Onboard Systems International

October 12, 2021

Aerospace & Defense

Arcline Investment Management, a growth-oriented private equity firm, has acquired Onboard Systems International from Liberty Hall Capital Partners. The acquisition expands Arcline's portfolio in mission-critical electromechanical systems for aerospace and defense, adding a designer, manufacturer, and servicer of external cargo equipment for military and civil helicopters headquartered in Vancouver, Washington.

Kinetic–Globalvia Consortium to Acquire Go‑Ahead Group for $789M

June 14, 2022

Transportation

A consortium of Australian bus operator Kinetic and Spanish infrastructure group Globalvia has agreed to acquire UK transport operator Go‑Ahead Group for $789 million (£647.7m). Go‑Ahead shareholders will receive 1,500 pence per share (1,450p cash plus a 50p special dividend); the buyers formed a new acquisition vehicle (Bidco) and expect the deal to close in October 2022, committing to invest in decarbonisation and digitalisation of Go‑Ahead's operations.

H.I.G. Infrastructure Acquires North America Central School Bus

August 2, 2021

Transportation

An affiliate of H.I.G. Capital's infrastructure arm has acquired North America Central School Bus (NAC), a Joliet, Illinois–based student transportation provider. The deal was an exit for prior sponsor Goldner Hawn LP; H.I.G. said it will support geographic expansion and a transition to next-generation (including electric) bus technology while management, led by CEO Steve Hemmerlein, remains in place.

Student Transportation of America Acquires Multiple Regional Bus Operators

January 23, 2025

Transportation

Student Transportation of America (STA) completed a series of add-on acquisitions of regional school and charter bus operators across the U.S., increasing STA’s annual revenue by more than $70 million, adding over 1,000 employees and nearly 900 vehicles. The acquired operators include Visconti Bus Service, VW Trans, Birnie Bus Service and Birnie Transit, Desert Choice Transport, West Point Tours, Brandt Buses, and Assist-to-Transport, which will be integrated to expand STA’s national footprint and service capabilities.

Hornblower Group Acquires Journey Beyond

February 15, 2022

Restaurants & Hospitality

Hornblower Group has acquired Australian experiential travel operator Journey Beyond, expanding Hornblower's portfolio of travel experiences and strengthening its presence in Australia. Journey Beyond—headquartered in Adelaide and owner of multiple iconic trains, tours, lodges and marine operations—will join Hornblower's global offerings to deepen its capabilities in luxury and experiential tourism.