Alinda Capital Partners Acquires ACL Airshop

H.I.G. Capital Acquires Majority Stake in A.L.A. S.p.A.

October 21, 2025

Aerospace & Defense

H.I.G. Capital has completed the acquisition of a majority stake in A.L.A. S.p.A., an Italy‑based provider of mission‑critical logistics and distribution services to aerospace and defense manufacturers. The founding families, including co‑founders Fulvio Scannapieco and Vittorio Genna, will retain a significant minority stake as H.I.G. partners with the management to accelerate ALA's growth and strengthen its global supply‑chain position.

Altus Capital Partners Acquires Air Innovations, LLC

December 4, 2024

Manufacturing

Altus Capital Partners, a private equity firm focused on middle-market manufacturing, has acquired Air Innovations, LLC, a North Syracuse, New York-based designer and manufacturer of custom environmental control units (ECUs) serving wine, aerospace, semiconductor, homeland security, and healthcare markets. Financial terms were not disclosed; Air Innovations' management will remain in place and Altus said it will support the company’s growth and end-market diversification.

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.

Guardian Capital Partners Recapitalizes Newair

June 3, 2021

Consumer Products

Guardian Capital Partners has recapitalized AW Industries, LLC d/b/a Newair, partnering with Newair's executive management to support accelerated growth. Graycliff Partners provided a unitranche credit facility and a minority equity co-invest to support the transaction; funds will be used to invest in infrastructure, product development and enable add-on acquisitions.

Alinda Capital Partners and USS Acquire PECO Pallet, Inc.

October 5, 2020

Logistics & Distribution

Investment funds managed by Alinda Capital Partners and the Universities Superannuation Scheme have agreed to acquire PECO Pallet, Inc., a leading North American provider of pooled rental pallets. PECO operates a network of more than 80 facilities and manages roughly 21 million pallets across the United States and Canada, providing recurring, asset-backed logistics services.

Alinda Capital Partners Acquires Glide Group

June 1, 2020

Telecommunications

Investment funds managed by Alinda Capital Partners have acquired Glide Group, the UK’s leading provider of broadband to student accommodation, build-to-rent and regional business parks. Glide is headquartered in Clevedon and operates a national fiber network reaching roughly 100,000 premises (about 250,000 customers); Alinda said it will support the business’s continued growth.