Ascent Global Logistics Acquires Hageland Aviation Services and Launches Rambler Air

H.I.G. Capital Acquires Ascent Global Logistics

August 22, 2023

Logistics & Distribution

An affiliate of H.I.G. Capital has signed a definitive agreement to acquire Ascent Global Logistics from affiliates controlled by Elliott Investment Management. Ascent's management team and Elliott will retain minority stakes; H.I.G. said it will support Ascent's growth by investing in technology, broadening capabilities, expanding global reach and enhancing its carrier network.

Atlantic Aviation Acquires Glacier Jet Center and Rocky Mountain Aircraft Services in Kalispell, Montana

September 2, 2025

Transportation

Atlantic Aviation expanded its FBO network to 106 locations with the acquisition of Glacier Jet Center and Rocky Mountain Aircraft Services at Glacier Park International Airport (GPI) in Kalispell, Montana. The deal brings Atlantic’s full range of passenger/crew support, fueling, heated hangars and on-field Part 145 maintenance under its brand as it enters the Montana market.

Robinson Helicopter Company Acquires Ascent AeroSystems

April 23, 2024

Aerospace & Defense

Robinson Helicopter Company has acquired Ascent AeroSystems, a Wilmington, Massachusetts-based maker of coaxial uncrewed aerial systems (UAS). The deal brings Ascent's all-weather, modular drone platforms and payload ecosystem into Robinson's manufacturing footprint in Torrance, California to support expanded capability offerings for law enforcement, public safety, industrial and defense customers.

Ascent Acquires Majority Stake in Central Minnesota Logistics

April 5, 2022

Logistics & Distribution

Ascent Global Logistics acquired a majority stake in Central Minnesota Logistics (CML), a specialized freight brokerage focused on over-dimensional and heavy-haul transportation across North America. The deal folds CML into Ascent's Specialized business segment to expand capability in oversized, heavy-haul and super-load logistics and strengthen service offerings across industries such as construction, energy and manufacturing.

Radiant Logistics Acquires Minnesota-based Brokerage Viking Worldwide (Service By Air)

April 12, 2024

Logistics & Distribution

Radiant Logistics has acquired the operations of Minnesota-based brokerage Viking Worldwide, which operates under the Service By Air brand. The deal brings Viking's Minneapolis and Houston operations into Radiant's network; terms were not disclosed and part of the purchase price is performance contingent.

Radiant Logistics Acquires USA Logistics Services, Inc. and USA Carrier Services, LLC

April 1, 2025

Logistics & Distribution

Radiant Logistics, Inc. (NYSE American: RLGT) has acquired USA Logistics Services, Inc. and USA Carrier Services, LLC, two Philadelphia-based freight forwarding and cartage operations that have operated as part of Radiant's Service By Air brand since 2014. The acquired businesses will transition to the Radiant brand and combine with Radiant's company-owned Philadelphia operations; a portion of the purchase price is contingent on future performance and Mike Boyce will serve as General Manager of the combined team.