Menzies Aviation Acquires G2 Secure Staff from Tenex Capital Management

Agility / NAS Agrees Recommended Cash Offer for John Menzies plc

March 30, 2022

Transportation

Agility Public Warehousing Company (through its NAS subsidiary and a wholly owned Bidco) has agreed a recommended all-cash offer to acquire 100% of John Menzies plc at 608 pence per share, valuing Menzies at about £571 million equity (≈£763 million enterprise value). The combination of NAS and Menzies will create a global aviation services leader with expanded geographic reach, scale and capabilities; completion was expected in Q3 2022 subject to shareholder and regulatory approvals.

Alliance Ground International Acquires Total Airport Services

May 10, 2022

Transportation

Alliance Ground International (AGI), a Miami-based ground handling operator backed by Audax Private Equity and Greenbriar Equity Group, has agreed to acquire Total Airport Services (TAS), a Spring, Texas-based passenger and cargo handling specialist. The add-on deal (from seller Grupo CCR) expands AGI's passenger-handling footprint across eight U.S. airports and complements its existing cargo capabilities; the transaction is subject to customary regulatory approvals.

Everaxis Acquires 2G Engineering

March 17, 2025

Manufacturing

Everaxis, a PE-backed global specialist in high-performance rotating solutions, has acquired 2G Engineering to expand its U.S. presence and broaden capabilities in subsea and actuation solutions. The founders of 2G Engineering selected Everaxis as a partner to provide resources and structure to support growth and customer programs.

The Sterling Group and Capitol Meridian Partners Acquire PrimeFlight Aviation Services from Carlyle

March 6, 2023

Transportation

The Sterling Group and Capitol Meridian Partners have agreed to acquire PrimeFlight Aviation Services from funds managed by Carlyle in a 50/50 partnership; financial terms were not disclosed and the deal is expected to close by Q3 2023. Headquartered in Sugar Land, Texas, PrimeFlight operates roughly 235 stations globally and employs about 12,000 people, providing ground handling, fueling, deicing, GSE maintenance and other airport services to airlines, airports and cargo operators.

GEE Group Acquires Hornet Staffing

January 7, 2025

Staffing & HR

GEE Group acquired Hornet Staffing, an Atlanta/Alpharetta-based staff augmentation provider, purchasing 100% of the company’s common stock for consideration including cash and seller financing. The acquisition expands GEE Group’s nationwide staffing capacity and MSP/VMS service capabilities; Hornet founder Larry Bruce will remain in his role and join GEE Group’s national sales team.

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.