Luxaviation Group Acquires Paragon Aviation Group

Jet Aviation Acquires ASTONSKY FBO Operations at Paris-Le Bourget

August 1, 2025

Aerospace & Defense

Jet Aviation has acquired ASTONSKY's ground handling, hangarage and FBO operations at Paris-Le Bourget Airport in France. The acquisition expands Jet Aviation's EMEA FBO network and adds a flagship Paris-Le Bourget location offering handling, fueling, hangarage and passenger/crew services.

Playfly Sports Acquires Paragon Marketing Group

March 10, 2025

Marketing & Advertising

Playfly Sports has acquired Paragon Marketing Group to expand its capabilities in brand consulting, event creation, content development and live sports production, particularly across the high-school sports landscape. Paragon will operate as a wholly owned subsidiary called Paragon Sports Marketing, with founding partners Rashid Ghazi and Julie Simmons overseeing the unit to integrate Paragon’s events, media relationships and client partnerships into Playfly’s commercial platform.

Atlantic Aviation Acquires Lynx FBO Network

February 28, 2022

Transportation

Atlantic Aviation, a KKR-backed FBO operator, has acquired the Lynx FBO chain and its nine U.S. locations. The deal expands Atlantic’s network with new locations and former Lynx employees, supporting the company’s continued geographic growth and network consolidation.

Aptean Acquires Paragon Software Systems

March 5, 2020

Software

Aptean, a global provider of industry-specific enterprise software, has acquired UK-based Paragon Software Systems, a specialist in transportation management, routing and scheduling solutions. The deal expands Aptean’s logistics and route-optimization capabilities and furthers its presence in the European market, adding Paragon’s installed base and customers in food & beverage, retail, distribution and pharmaceutical sectors.

Igneo Infrastructure Partners Acquires Infinity Aviation Group

June 11, 2025

Transportation

Igneo Infrastructure Partners, a global infrastructure investment manager, has acquired Infinity Aviation Group, a fixed‑base operator (FBO) platform headquartered in Nashua, New Hampshire, including on‑airport assets at Boire Field (KASH). Transaction terms were not disclosed; Igneo named Steven Levesque CEO of Infinity Aviation and said it will invest to grow and develop general aviation infrastructure across North America as part of its dedicated North American strategy.

Quantum Lifecycle Partners Acquires Paragon Bay Group

January 11, 2024

Environmental Services

Quantum Lifecycle Partners LP has acquired Paragon Bay Group Inc., a North Bay, Ontario specialist in testing, in‑warranty repair, asset recovery and forward/reverse logistics for electronics OEMs. Sixty Paragon Bay employees join Quantum as the deal expands Quantum's repair, 3PL logistics and IT device maintenance capabilities across Canada.