BNP Associates Acquires Studdiford Technical Solutions

Godspeed Capital Makes Strategic Investment in BNP Associates

September 25, 2024

Engineering Services

Godspeed Capital Management has made a strategic investment in BNP Associates, a Denver-based air transportation design and engineering firm. Godspeed will partner with BNP's leadership to establish BNP as the platform for a new aviation-focused design and engineering services provider and pursue organic growth and strategic acquisitions; financial terms were not disclosed.

Godspeed-Backed BNP Associates Acquires Establish, Inc.

June 5, 2025

Logistics & Distribution

BNP Associates, a Godspeed Capital-backed air transportation design and engineering firm, has acquired Establish, a New York–headquartered consulting firm specializing in warehousing and supply chain logistics. The add-on expands BNP's capabilities in logistics, warehousing and supply chain analytics, enabling cross-selling of services to BNP's aviation clients and enhancing the platform's end-market reach.

H.I.G. Capital Acquires STS Aviation Group from Greenbriar Equity Group

October 8, 2024

Aerospace & Defense

An affiliate of H.I.G. Capital has completed a strategic equity acquisition of STS Aviation Group from Greenbriar Equity Group. STS’s executive team will remain in place and as significant shareholders while H.I.G. positions the business for global expansion, capability growth, and potential add-on acquisitions in the aviation MRO and parts-distribution market.

BNP Group Acquires Airport Gurus

January 8, 2026

Engineering Services

BNP Group, a Godspeed Capital–backed air transportation design and engineering platform, has acquired Airport Gurus, a Barcelona-based consultancy specializing in airport ICT and operations planning. The add-on expands BNP's digital transformation and airport operations capabilities and deepens its presence in Europe and South America; terms were not disclosed.

STS Aviation Services Acquires GT Engine Services

May 28, 2024

Aerospace & Defense

STS Aviation Services, a division of STS Aviation Group, has acquired UK-based engine MRO specialist GT Engine Services. The May 28, 2024 deal adds engine maintenance, repair and management capabilities to STS's existing airframe and materials services; founder and previous owner Greg Macleod will remain in a leadership role reporting to STS Europe management.

BlueGrace Logistics Acquires STB Freight Group

November 11, 2025

Logistics & Distribution

BlueGrace Logistics, a Warburg Pincus–backed 3PL, has acquired STB Freight Group, a Northville, Michigan–based managed logistics and trucking provider. The deal expands BlueGrace's Midwest footprint and brings STB customers access to BlueGrace's managed logistics platform, multimodal services, and proprietary optimization technology.