TXO Adds AirWay Group in US Expansion

TowerBrook Acquires Majority Stake in TXO

April 24, 2023

Industrial Services

TowerBrook Capital Partners has acquired a majority stake in TXO as one of the first investments for its dedicated impact strategy. TXO is a B2B provider of telecom network hardware and asset management, offering sourcing, maintenance, reuse, recycling and disposal services; TowerBrook said it will support TXO's international expansion, strategic acquisitions and continued ESG-focused growth.

AxioAero Group Acquires Airway Aerospace LLC

January 7, 2026

Aerospace & Defense

AxioAero Group, a portfolio company of CORE Industrial Partners, has acquired Airway Aerospace LLC, an FAA-, EASA- and CAA UK-certified aircraft component repair station based in Doral, Florida. The add-on strengthens AxioAero's aerospace MRO platform by adding Airway's component repair capabilities and certifications, expanding service coverage across commercial, cargo, and defense aviation markets.

RXO Acquires Coyote Logistics from UPS for $1.025 Billion

September 16, 2024

Logistics & Distribution

RXO (NYSE: RXO) has completed the acquisition of Coyote Logistics from UPS for $1.025 billion, making RXO the third-largest provider of brokered transportation in North America. The deal expands RXO's customer base, carrier network and market scale while integrating Coyote's people and technology into RXO's asset-light, tech-enabled brokerage platform.

Takkion Acquires Airway Services

October 20, 2021

Energy

Takkion TP&L Holdings LLC, a platform backed by funds managed by affiliates of Apollo Global Management, has acquired Airway Services LLC, a San Angelo, Texas-based provider of operations and maintenance (O&M) and technical staffing for utility-scale wind energy projects. Airway was sold by Concentric Equity Partners and Northaven Capital Partners; Airway's management team will remain in place and the brand will continue to operate within the Takkion platform to expand renewable energy O&M capabilities.

O2 Aero Acquisitions Acquires Shaw Aerox (Aerox Aviation Oxygen Systems)

April 29, 2020

Aerospace & Defense

O2 Aero Acquisitions, LLC has acquired Shaw Aerox, LLC (rebranded as Aerox Aviation Oxygen Systems) from undisclosed sellers. The acquisition will support expansion of Aerox's design, manufacturing and MRO capabilities for aviation and medical oxygen systems and accessories.

BWX Technologies Acquires L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business

January 3, 2025

Aerospace & Defense

BWX Technologies, Inc. (BWXT) completed its acquisition of L3Harris' Aerojet Ordnance Tennessee, Inc. (A.O.T.) business effective January 3, 2025. The deal (reported at approximately $100 million) brings A.O.T.'s specialty materials and high‑strength alloy manufacturing capabilities — including the sole U.S. supplier of depleted uranium to the U.S. government — into BWXT's Nuclear Operations Group.