Transportation Acquisitions in California

GATX Corporation and Brookfield Infrastructure Partners completed the acquisition of Wells Fargo's rail leasing portfolios on January 1, 2026. GATX and Brookfield purchased Wells Fargo's rail operating lease portfolio (~101,000 railcars) for about $4.2 billion via a joint venture, while Brookfield separately acquired Wells Fargo's rail finance lease portfolio (~22,000 railcars and ~400 locomotives); GATX will manage the railcars for the joint venture.

Affiliates of Caldicot Capital and Tamarix Capital Partners recapitalized Custom Tours, Inc., doing business as Kushner & Associates, in a transaction that closed December 18, 2025. Founder/CEO Susan Kushner will remain as CEO and retain a significant ownership stake while meaningful equity was granted to employees; terms were not disclosed.

Archer Aviation signed definitive agreements to acquire control of Hawthorne Airport (Hawthorne Municipal Airport) near Los Angeles for $126 million in cash and raised $650 million of additional equity capital. Archer intends to use the 80-acre site as the operational center for its planned Los Angeles air taxi network and as an AI-powered aviation testbed to develop next-generation air traffic and ground operations systems.

IPS Group, a San Diego-based provider of smart parking and curb management technologies, has acquired Populus Technologies, a San Francisco-based provider of mobility data, curb management and parking payments software. The acquisition will integrate Populus' mobility and curb-data platform with IPS's parking, payment and enforcement systems to expand IPS's smart mobility capabilities for municipalities, universities, transportation agencies and private operators.

Pro-Vision, a mobile video technology provider backed by Vance Street Capital, has acquired Spartan Radar, a Los Alamitos, California-based developer of software-defined radar and collision-avoidance systems. The acquisition is an add-on to Pro-Vision’s platform intended to expand fleet safety capabilities by integrating advanced radar sensing with Pro-Vision’s vehicle video and data solutions.

Orikan Group has acquired Global Parking Solutions USA (GPS USA), bringing GPS USA leadership into Orikan's North American operations. The deal expands Orikan's on-street and multispace parking solutions presence in the United States and adds experienced local management to Orikan's Americas team.

LAZ Parking has acquired a majority interest in FleetLogix, a San Diego–based provider of fleet management, managed labor and staffing services for rental car agencies and airport operations. The partnership will let LAZ integrate FleetLogix's FleetAnalytix platform and workforce capabilities to expand service offerings and accelerate growth across the U.S. and Canada.

Cyclum NextGen Travel Centers (Cyclum Renewables LLC) has acquired ZEV TOUR - Clean Fleet Experience, an event production and alternative-fuel fleet consultancy founded by Ollie Danner. Cyclum said it will integrate ZEV TOUR's expertise to support fleets transitioning to electric, hydrogen, RNG and other low-/zero-carbon fuels while Danner joins Cyclum as Director of Alternative Fuel Technology and Marketing.

Alba Wheels Up’s Cobalt Wine Logistics business unit, backed by private equity sponsor Southfield Capital, has acquired North Coast Logistics, Inc., a Petaluma-based wine consolidation and distribution specialist. The add-on expands Cobalt/Alba’s domestic over-the-road transportation and distribution capabilities, integrating NCL into Cobalt’s Napa warehousing and international logistics platform.

Descartes Systems Group acquired Assure Assist, Inc., doing business as MyCarrierPortal (MCP), for approximately $24 million in up-front cash plus up to $6 million in performance-based earn-outs. The deal adds carrier onboarding, risk monitoring and KYC/fraud-prevention capabilities to Descartes’ logistics platform and complements its MacroPoint FraudGuard solution.

Groupe ADP has entered into a definitive agreement to acquire PS (formerly The Private Suite) from TPG. PS operates private luxury airport terminals at LAX and ATL, with additional locations under development, and the acquisition is intended to accelerate PS’s expansion and integrate its services into Groupe ADP’s hospitality-focused airport strategy; terms were not disclosed and the deal is subject to regulatory approvals.

Knight-Swift Transportation Holdings has acquired the less-than-truckload (LTL) operations of Los Angeles-based Dependable Highway Express from Dependable Supply Chain Services. The deal expands Knight-Swift's West Coast and Southwest LTL footprint—adding terminals and doors to its AAA Cooper division—to support the company's goal of building a nationwide LTL network.

ShipCalm, an e-commerce operations platform and third-party logistics provider, has acquired River Source Logistics to expand its fulfillment capacity and third-party logistics capabilities. The deal more than doubles ShipCalm’s customer base, adds substantially larger warehouse capacity (including Los Angeles and Indiana footprints), and will enable cost savings and improved West Coast scale for ShipCalm’s customers.

Quality Collision Group (QCG), the McKinney, Texas–based OEM-focused multi-shop operator backed by Susquehanna Private Capital, has acquired Philip Thearle’s Autowerks Collision Center in Santee, California. The 50,000 sq. ft. OEM-certified facility (BMW, Jaguar, Land Rover, Porsche, Mercedes-Benz and others) expands QCG’s West Coast footprint and OE repair capabilities as an add-on to its portfolio.

Fenix Parent LLC (operating as Fenix Parts) has completed the acquisition of the assets of Green Auto Parts & Recycling in Sun Valley, California, marking Fenix's first location in California and expanding its footprint to 26 full-service and 5 self-service locations. The company said the acquisition establishes a West Coast presence to better serve the Los Angeles market; Edgar Akopyan will join Fenix as Director of Business Development, Southern California. Fenix is backed by Stellex Capital Management.

Transit Technologies has acquired TripShot, a Silicon Valley–founded fleet management software company, to integrate TripShot's mobility platform into its AI-powered transit solutions. The acquisition expands Transit Technologies' capabilities across fixed-route, demand-response, safety/compliance and non-emergency medical transportation services and will broaden its product offering for public and private transit customers.

WSI (Warehouse Specialists, LLC), a national third-party logistics provider, has acquired ShippingTree (which has rebranded to Kase) to strengthen its e-commerce and omnichannel fulfillment capabilities. The deal brings ShippingTree's proprietary fulfillment technology and quick onboarding capabilities into WSI's larger network, enhancing service offerings for direct-to-consumer and retail brands.

Funds managed by Strategic Value Partners (SVP) will acquire majority ownership of Hornblower Group and provide $121 million of new equity while Crestview Partners will retain a significant minority stake and take sole ownership of Journey Beyond. The transaction is part of a broader financial restructuring that includes $300 million of DIP financing, approximately $720 million of debt reduction and the planned sale or wind-down of Hornblower’s American Queen Voyages unit to focus the business on core land- and water-based experiences.

UPS has agreed to acquire Happy Returns, a U.S.-based software and reverse logistics company, from PayPal. The deal (terms undisclosed) will fold Happy Returns' no-box, no-label returns platform and drop-off network into UPS's package network and The UPS Store footprint — expanding box-free return availability to more than 12,000 U.S. locations; Happy Returns CEO David Sobie will continue to lead the business. The acquisition is expected to close in the fourth quarter of 2023, subject to customary conditions and regulatory approvals.

Bird Global, Inc. acquired Skinny Labs, Inc. (doing business as Spin) from Berlin-based TIER Mobility for $19 million in a deal that included $10 million cash upfront, $6 million vendor take back and $3 million holdback. The acquisition makes Bird North America’s largest micromobility operator by market share, adds Spin’s ~60,000-vehicle fleet and ~50-city footprint, and is expected to deliver more than $20 million in synergies and be immediately accretive to earnings.

Propark Mobility has acquired California Parking, a family-run parking operator headquartered in San Francisco with more than 20 locations across the city. The acquisition expands Propark’s West Coast footprint and transitions ownership from the Puccinelli family to Propark while maintaining California Parking’s local operations and team.

Autonomy, an electric vehicle subscription company based in Santa Monica, has agreed to acquire the technology, assets and customer accounts of EV Mobility, an all-electric car-sharing platform that provides EVs as an amenity to hotels and multi-family properties. The deal (cash and stock, terms undisclosed) is intended to accelerate Autonomy's entry into car-sharing, expand its product offering, and scale usage through EV Mobility's existing hospitality and property partnerships; the transaction is expected to close in Q4 2023.

Econolite, part of Umovity, has acquired its long-time distribution partner Western Pacific Signal, LLC (WPS). The acquisition expands Econolite’s One-Stop-Shop ITS capabilities and adds experienced technical sales and field support resources across the Western United States.

RedBird Capital Partners has made a significant minority investment in Go Rentals, the U.S.-based luxury car rental provider, with Main Street Advisors participating alongside RedBird. The founders will remain in place and RedBird partners will join Go Rentals' board as the company looks to accelerate growth across private aviation, sports, entertainment and other premium end markets using RedBird's ecosystem.

The Home Depot has acquired Temco Logistics, a white‑glove appliance delivery and installation provider that has served large retailers for decades. The deal, disclosed at Home Depot's investor day, is intended to improve the retailer's appliance and bulky‑goods delivery experience and drive operational efficiency; financial terms were not disclosed.

Getaround (NYSE: GETR) will acquire substantially all assets of HyreCar Inc., integrating HyreCar’s gig carsharing service into Getaround’s connected carsharing marketplace. The transaction (expected to close on or about May 15, 2023) is intended to expand Getaround’s supply and capabilities for rideshare and delivery drivers and strengthen its position in the carsharing market.

Chicago private equity firm Red Arts Capital, via its portfolio company Partners Warehouse, has acquired FLEX Logistics, a third-party logistics (3PL) provider headquartered in Eastvale, California. The add-on strengthens Partners Warehouse's West Coast footprint and adds nearly 900,000 square feet of warehousing capacity; terms were not disclosed.

Boston-based private equity firm Fort Point Capital has invested in The Yandell Family of Companies, a Benicia, California-based provider of temperature-controlled warehousing, transportation, and freight brokerage services serving the wine, food and beverage industries. Fort Point will operate Yandell as a platform investment to support growth, sales and marketing investments, capability enhancement, and geographic expansion; debt financing was provided by Live Oak Bank and NorthCoast Mezzanine.

WiseTech Global acquired Envase Technologies for US$230 million from private investment firm Firmament and a small number of other sellers. Envase, a Long Beach, California-based provider of transport management system software for intermodal trucking, drayage and landside logistics, serves more than 1,300 North American customers and was expected to generate about US$35 million of revenue in 2023; the deal is being funded with 70% cash and 30% new WiseTech shares.

Horizon Air Freight announced the acquisition of Transmarine Navigation Corporation, completed in Q4 2022, to expand its port agency and in-port logistics capabilities across North and South America. The deal combines Horizon’s global warehousing and last-mile delivery network with Transmarine’s port call agency presence at 12 ports, enhancing services for ship owners, operators, and charters.

Epika Fleet Services, a nationwide network of mobile and in-shop fleet maintenance providers based in Nashville, acquired Managed Mobile of Placentia, California. The acquisition expands Epika’s on-site repair and preventative maintenance footprint across Southern California and the Las Vegas market and adds Managed Mobile’s service capabilities to Epika’s network.

Helbiz, Inc. (NASDAQ: HLBZ) has completed its previously announced merger with Wheels Labs, Inc., adding Wheels' micro‑mobility assets and leadership to expand Helbiz’s presence across 67 markets and potentially double annual revenue. Wheels CEO Marco McCottry will lead Helbiz’s North America mobility business as the combined company works to integrate apps, advance product development and accelerate the path to profitability.

Cambridge Capital has made a majority investment in Boa Logistics and Flow Cold Storage to accelerate the growth of Boa’s refrigerated LTL consolidation and cold‑storage platform. The founders will remain active and retain significant ownership while Cambridge Capital partners join the board; the investment will fund technology, automation, geographic expansion and potential acquisitions to scale the cold‑chain network.

Ryder System, Inc. has acquired San Francisco-based logistics technology start-up Baton, integrating Baton's team and proprietary transportation-optimization platform into Ryder. The acquisition (closed August 31) follows an earlier investment by RyderVentures and brings Baton's founders and core engineering team into Ryder to accelerate customer-facing supply chain and transportation technology development.

RailWorks Corp., a Bernhard Capital Partners-backed specialty rail contractor, has acquired H&H Engineering Construction, a rail maintenance and construction contractor operating in the Western United States. The acquisition expands RailWorks' West Coast presence and capabilities, and allows H&H to leverage RailWorks' flash butt welding resources and broader maintenance-of-way platform.

SEKO Logistics has acquired Pixior, LLC, a Commerce, California-based 3PL and e-commerce fulfillment provider with locations on the U.S. West Coast and in Connecticut. The deal brings high-touch fulfillment, drayage and additional warehouse capacity to SEKO, significantly expanding its West Coast footprint and ecommerce capabilities; financial terms were not disclosed.

Riveria Investment Group, a New York–based growth private equity firm, has invested in PTC, a Los Angeles–headquartered traffic control services provider founded in 2009 that serves special events and film productions. The investment is intended to support PTC's growth and operational expansion as it continues contracting with municipalities and private event organizers.

BrightDrop, the General Motors‑owned last‑mile electric vehicle and software business, has acquired the fleet optimization software and related talent from California startup Marain. BrightDrop will integrate Marain's AI/ML-powered routing, simulation and predictive analytics into its software stack to help fleet customers lower operational costs and accelerate electrification; Marain cofounders and employees will join BrightDrop to lead data science and ML work.

Envase, a provider of mission-critical TMS software for the intermodal/drayage market, has acquired GeoStamp, a Huntington Beach-based developer of drayage-focused GPS tracking and location-analytics software. The acquisition integrates GeoStamp’s real-time truck tracking and analytics (processing ~1.8M pings/day for over 7,000 trucks) into Envase’s TMS to improve visibility, billing speed and operational performance for carriers, shippers and terminal operators.

AOI Capital led a group of investors to acquire RK Logistics Group, a Silicon Valley third-party logistics provider offering warehousing, e-commerce fulfillment and supply chain management. The deal retains RK's existing management team while founder Rod Kalune has retired; AOI expects to expand its presence and capabilities in 3PL services.

Vista Global Holding has acquired Jet Edge, a leading U.S. large-cabin and super-midsize private jet charter, management and maintenance platform, expanding Vista's North American footprint and growing its fleet by roughly 100 aircraft. As part of the transaction, XOJET Aviation will acquire a majority stake in certain Part 135 certificates (Jet Select and Western Air Charter), and more than 800 Jet Edge employees and maintenance infrastructure (including a Part 145 facility) will join the Vista group.

Kingswood Capital Management, alongside Seneca Partners, completed a growth capital investment in Lind Marine, a diversified West Coast marine services company. Lind Marine's founders Christian and Aaron Lind retain significant ownership; Jon Slangerup joined as CEO and the financing includes a new debt facility provided by Callodine Commercial Finance.

American Trailer World (ATW) has acquired Wholesale Trailer Supply, a Sacramento-based trailer parts and accessories distributor. The acquisition expands ATW’s TexTrail distribution portfolio and strengthens its West Coast distribution capabilities for trailer parts, tires, wheels and components.

An affiliate of Sun Capital Partners has completed the acquisition of Total Transportation Services (TTSI), a leading U.S. drayage and intermodal transportation provider headquartered in Rancho Dominguez, California. Sun Capital said it will support TTSI’s growth and pursue consolidation in the highly fragmented drayage market while professionalizing operations and accelerating M&A activity.

Ridgewood Infrastructure LLC announced the acquisition of APP Jet Center, a U.S. fixed-base operator (FBO) that owns and operates general aviation terminals in multiple metropolitan markets. Ridgewood said it will partner with APP's management to grow the business organically and through selective acquisitions, leveraging Ridgewood's transportation infrastructure experience.

SIB Fixed Cost Reduction has made a strategic add-on investment in Shipware, acquiring the transportation spend management and invoice-audit provider to expand SIB’s shipping and logistics cost-reduction capabilities. The transaction was announced by O2 Investment Partners (SIB’s sponsor) and supported by financial partners including Tree Line Capital Partners, Stellus Capital Management, Capital Southwest, and LBC Small Cap.

GrubMarket has completed the acquisition of Oakland, California-based Oakport Transportation, a trucking and logistics provider offering refrigerated storage, cross-docking, and LTL/load delivery across the West Coast and select U.S. routes. The deal brings Oakport's facilities and networks into GrubMarket's eCommerce and WholesaleWare SaaS ecosystem to strengthen logistics capabilities and mitigate pandemic-driven supply chain disruptions.

Dickinson Fleet Services, a Cox Automotive brand, has acquired Mobile Fleetcare, a San Francisco Bay Area provider of mobile fleet maintenance. The acquisition is an add-on to expand Dickinson's geographic presence and mobile maintenance capabilities across Northern California.

VisionTrack Inc has acquired California-based fleet telematics provider SkyLab Solutions to establish and accelerate its North American expansion. The deal brings the SkyLab team into the newly formed VisionTrack Inc to support roll-out of VisionTrack's video telematics products and Azure-hosted IoT platform in the US.

Platinum Equity completed the acquisition of Ingram Micro Inc. from HNA Technology Co., Ltd. The buyout, announced July 2021, values the world’s largest technology distributor at $7.2 billion enterprise value and positions Platinum to accelerate Ingram Micro’s cloud, logistics and solutions strategies while providing financial and operating support for growth initiatives.