Transportation Acquisitions in Iowa

Chicago-based private investment firm Maxwell Street Capital Partners has made a growth investment in The Integration Group (TIG), a Marshalltown, Iowa-headquartered contract logistics and aftermarket supply chain company. Maxwell Street partners Evan Harwood and Paul Loeb will join TIG's board to support the company's capability expansion and pursuit of organic growth and strategic acquisitions.

Modern Aviation has closed the acquisition of the fixed-base operator (FBO) assets and operations at Des Moines International Airport from Elliott Aviation, expanding Modern's national network to thirteen locations. The Des Moines FBO operates on a 17-acre leasehold with substantial hangar and office space; Elliott will retain and continue to operate its MRO business on the airfield. Modern Aviation is backed by Tiger Infrastructure Partners.