TXO Adds AirWay Group in US Expansion

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.

BWX Technologies Completes Acquisition of L3Harris' Aerojet Ordnance Tennessee (A.O.T.) Business

January 3, 2025

Industrial Services

BWX Technologies (BWXT) completed its acquisition of L3Harris Technologies' Aerojet Ordnance Tennessee (A.O.T.) business as of January 3, 2025. The ~$100 million transaction expands BWXT’s special materials capabilities, with A.O.T. operating within BWXT’s government operations segment.

RXO Completes Acquisition of Coyote Logistics from UPS

September 16, 2024

Transportation

RXO (NYSE: RXO) has completed its acquisition of Coyote Logistics from UPS for a purchase price of $1.025 billion. The combined company is positioned as the third-largest provider of brokered transportation in North America, with expanded customer base, increased network density, and a broader carrier network.

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.

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.