Alaska Airlines Completes Acquisition of Hawaiian Airlines

First Hawaiian to Acquire TriCo Bancshares in All-Stock Transaction

July 13, 2026

Financial Services

First Hawaiian Bank’s parent company, First Hawaiian, agreed to acquire TriCo Bancshares (parent of Tri Counties Bank) in an all-stock transaction valued at approximately $2.02 billion. The deal will combine two relationship-focused bank franchises and create the sixth-largest bank headquartered in the Western United States, expanding First Hawaiian’s mainland presence in California.

H.I.G. Capital Completes Acquisition of International Aerospace Coatings (IAC)

May 15, 2026

Transportation

H.I.G. Capital said one of its affiliates has completed the acquisition of International Aerospace Coatings (IAC), a provider of aircraft painting solutions and related aviation services. H.I.G. plans to scale IAC by expanding its geographic footprint, investing in additional hangar capacity, and pursuing selective add-on acquisitions.

Allegiant Air Acquires Sun Country Airlines in ~$1.5B Deal

January 11, 2026

Transportation

Allegiant Travel Company completed its acquisition of Sun Country Airlines in a cash-and-stock transaction valued at about $1.5 billion, including debt. The combined leisure-focused airline will operate a network of nearly 175 cities and more than 650 routes with a fleet of about 195 aircraft, while the two brands and booking systems will remain separate in the near term.

Alcoa Acquires Alumina Limited in $2.2B All-Stock Deal

March 12, 2024

Manufacturing

Alcoa announced it will acquire Australia-based Alumina Limited in an all‑stock transaction valued at $2.2 billion, giving Alcoa full control of the AWAC joint venture. Under the scheme, Alumina shareholders will own roughly 31.6% of the combined company (Alcoa shareholders ~68.4%), a transaction Alcoa says strengthens its exposure to tier‑1 bauxite and alumina assets and increases vertical integration across the aluminum value chain.

Kelsian Group Acquires All Aboard America! Holdings, Inc.

June 2, 2023

Transportation

Australia’s Kelsian Group has completed the acquisition of 100% of All Aboard America! Holdings, Inc., a large US passenger motorcoach operator serving corporate, government, education, LNG and tourism customers across multiple states. The deal gives Kelsian an established multi-state US platform and a pipeline of contract and charter opportunities in the American market.

Pilot Freight Services Acquires American Linehaul Corporation

July 30, 2021

Logistics & Distribution

Pilot Freight Services entered an asset purchase agreement with American Linehaul Corporation on July 30, 2021 to expand its middle‑mile expedited LTL capabilities. The deal—supported by Pilot’s backers ATL Partners and British Columbia Investment Management Corporation (BCI)—will keep ALC operating as a separate, neutral linehaul provider with founders Enzo and Beth Vartuli and their team remaining in leadership roles.