Prime Appearance Acquires Immaculate Flight

The Sterling Group and Capitol Meridian Partners Acquire PrimeFlight Aviation Services from Carlyle

March 6, 2023

Transportation

The Sterling Group and Capitol Meridian Partners have agreed to acquire PrimeFlight Aviation Services from funds managed by Carlyle in a 50/50 partnership; financial terms were not disclosed and the deal is expected to close by Q3 2023. Headquartered in Sugar Land, Texas, PrimeFlight operates roughly 235 stations globally and employs about 12,000 people, providing ground handling, fueling, deicing, GSE maintenance and other airport services to airlines, airports and cargo operators.

PrimeFlight Aviation Services Acquires GAT Airline Ground Support from Atlantic Street Capital

February 9, 2026

Transportation

PrimeFlight Aviation Services has acquired GAT Airline Ground Support from private equity firm Atlantic Street Capital. GAT, a Peachtree City, Georgia-based provider of ground handling, cargo handling and catering (Sky Café) services with ~6,000 employees across nearly 70 North American airports, will expand PrimeFlight's footprint and capabilities in airline ground services and catering.

PrimeFlight Aviation Services Acquires StratAir Cargo Handling Operations

August 4, 2025

Logistics & Distribution

PrimeFlight Aviation Services, a portfolio company of The Sterling Group and Capitol Meridian Partners, has acquired StratAir’s cargo handling operations at Miami International Airport (MIA), Richmond International Airport (RIC), and Luis Muñoz Marín International Airport (SJU). The deal expands PrimeFlight’s cargo handling footprint and capacity—adding StratAir’s facilities (including a 120,000 sq. ft. third‑party handling complex at MIA) and experienced personnel to PrimeFlight’s growing global cargo network.

Akima Acquires Pinnacle Solutions

July 3, 2023

Aerospace & Defense

Akima has completed the acquisition of Pinnacle Solutions, a Huntsville-based provider of aviation operations, flight training, simulation and sustainment services, bringing approximately 500 employees into the Akima family. The purchase expands Akima's aviation and training capabilities in the defense and aerospace markets and Pinnacle will operate as a wholly owned subsidiary under its existing leadership.

Signia Aerospace (Arcline) Acquires Precise Flight

August 18, 2025

Manufacturing

Signia Aerospace, a portfolio company of Arcline Investment Management, has acquired Precise Flight, Inc., a Bend, Oregon-based designer and manufacturer of aviation safety and performance systems. The acquisition is an add-on to Signia's aerospace platform intended to expand its product capabilities and aftermarket/OEM offerings across commercial, business, rotorcraft and general aviation markets.

Angeles Equity Partners Acquires Primus Aerospace

June 8, 2021

Aerospace & Defense

Angeles Equity Partners acquired Primus Aerospace, a Lakewood, Colorado-based manufacturer of complex precision components and assemblies for aerospace, defense, and space customers. Stellus Capital Management provided unitranche financing and an equity co-investment to support the transaction; financial terms were not disclosed.