Crestview Partners Acquires Tailwind Hospitality

Tailwind Concessions Acquires Oakwells and Phoenix-Mesa Gateway F&B Assets from Kind Hospitality

September 10, 2024

Restaurants & Hospitality

Tailwind Hospitality (dba Tailwind Concessions) has acquired Oakwells, a Winter Park, Florida-based regional airport concessionaire, and also closed on a majority stake in four food & beverage concessions at Phoenix-Mesa Gateway Airport previously owned by Kind Hospitality. Oakwells founder Mike Reilly will join Tailwind post-close along with his more than 100 employees. The deals expand Tailwind’s footprint in small- and mid-size U.S. airports and follow its 2021 recapitalization by Palladin Consumer Retail Partners.

Tailwind Concessions Acquires Panera Bread Concession from Kind Hospitality at Phoenix-Mesa Gateway Airport

March 24, 2025

Restaurants & Hospitality

Tailwind Hospitality (dba Tailwind Concessions) acquired the Panera Bread concession at Phoenix-Mesa Gateway Airport from Kind Hospitality, making Tailwind the majority owner and primary operator of all food & beverage concessions at the airport. The deal expands Tailwind's airport footprint and follows a 2021 recapitalization of Tailwind by Palladin Consumer Retail Partners, which has supported the company's broader growth and M&A activity.

Tailwind Capital Makes Partnership Investment in Axis Portable Air

February 1, 2022

Industrial Services

Tailwind Capital completed a partnership (growth) investment in Axis Portable Air to support the company's rapid geographic expansion and employee ownership program. The investment will fund expansion of Axis' fleet, team and locations as the portable climate-control rental and services provider scales across the U.S.

VIP Aviation Holdings Acquires VIP Hospitality, LLC

May 2, 2025

Transportation

VIP Aviation Holdings, led by aviation and hospitality veterans Robert Greene, Sachi Greene, and Jeff Osatinski, has acquired Seattle-based VIP Hospitality, LLC. The transaction closed on May 2, 2025; Generational Group advised VIP Hospitality on the sale. VIP Hospitality is an airport hospitality and passenger experience services provider and will be integrated under the new ownership to expand operational capabilities and service offerings.

Tailwind Capital Acquires Majority Stake in Brightspot

December 1, 2021

Software

Tailwind Capital has acquired a majority stake in Brightspot, a Reston-based content management system (CMS) provider, from Carrick Capital Partners. The investment will support Brightspot's next phase of growth, including expanding its developer community, partner network and product capabilities.

UST Acquires Tailwind Business Ventures

January 19, 2026

Financial Services

UST has acquired Tailwind Business Ventures, a Texas-based fintech firm with operations in Brazil and other delivery centers, to strengthen UST's digital banking solutions and core banking implementation capabilities. The deal expands UST's presence in South America and enhances its ability to serve mid-market and regional banks with AI-driven modernization and implementation services.