Tracked deals
8
8 tracked deals across 2019-2026.
Tracked deals
8
8 tracked deals across 2019-2026.
Buyer mix
Strategic-led
9 strategic · 1 pe
Top trend
Volume peaked in 2022
2 tracked deals announced in 2022.
Buyer Snapshot
Illustrative buyers pulled from tracked transactions on this page. This table is capped and intentionally non-exhaustive.
| Buyer | # Deals | Focus | Type |
|---|---|---|---|
| AE Industrial Partners, LP | 1 | Private equity firm focused on investments in aerospace, ... | PE |
| Affiliate of MCT Companies | 1 | MCT Companies affiliate participating as the other 50% ow... | Mixed |
| Alpine Air Express, Inc. | 1 | Regional Part-135 air cargo carrier operating a fleet of ... | Strategic (PE-backed) |
| Boston Omaha Corporation | 1 | Sponsor/manager of Yellowstone; operates across multiple ... | Strategic |
| Ever.Ag | 1 | AgTech provider offering software, risk management and ma... | Strategic |
| First Student | 1 | Leading North American pupil/student transportation opera... | Strategic (PE-backed) |
| Mitsui & Co., Ltd. | 1 | Global trading and investment company operating across mu... | Strategic |
| Rush Enterprises, Inc. | 1 | Public commercial-vehicle dealership and services operato... | Strategic |
| Sky Harbour LLC | 1 | Develops and operates turnkey upscale business aviation h... | Strategic |
| TFI International, Inc. | 1 | North American transportation and logistics company opera... | Strategic |
Last 7 years
Supporting Data
Rush Enterprises and an affiliate of MCT Companies formed a 50/50 joint venture, MCT Holdco, LLC, to operate MCT Companies’ network of 17 Carrier Transicold full-service dealerships and three mobile service locations. The joint venture was announced in July and completed effective August 31, 2026, adding transport refrigeration sales and service to Rush’s commercial-vehicle solutions.
Union Pacific Corporation and Norfolk Southern Corporation announced a definitive merger to create “America’s first transcontinental railroad,” enabling seamless coast-to-coast single-line service. Norfolk Southern shareholders will receive 1 Union Pacific common share plus $88.82 in cash per share, and the companies expect the transaction to close in mid-2027 (subject to Surface Transportation Board review and other customary conditions).
Mitsui & Co., Ltd. has acquired all shares of Taylor & Martin Enterprises, LLC, a US-based truck auction business headquartered in Fremont, Nebraska. Mitsui said the acquisition expands its industrial and mobility capabilities in North America, leveraging Taylor & Martin's auction expertise to grow auction sites and services across the US.
Ever.Ag, the Lewisville, Texas–based AgTech provider, has acquired Roger, a digital platform for bulk agricultural commodity trucking and logistics. The acquisition integrates Roger's freight-management and carrier/shipper marketplace with Ever.Ag's data analytics, aiming to deliver near-real-time logistics information and improved supply-chain transparency for agribusiness customers.
Alpine Air Express, a portfolio company of AE Industrial Partners, has acquired Suburban Air Freight, a Part-135 regional air cargo carrier headquartered in Omaha, Nebraska. The add-on expands Alpine’s regional fleet and capabilities and strengthens its contract relationships with parcel and postal customers such as DHL.
Yellowstone Acquisition Company and Sky Harbour LLC closed their previously announced business combination, with the combined company renamed Sky Harbour Group Corporation. The transaction was approved by Yellowstone stockholders, and the newly combined company’s shares began trading on the NYSE American under ticker symbols SKYH and SKYHWS.
First Student agreed to acquire Mid States School Bus, a Wayne, Nebraska-based provider of school and charter transportation that operates roughly 200 buses across eastern Nebraska and South Dakota. The acquisition expands First Student's Midwestern footprint; Mid States' general manager Dean Carroll will remain in a leadership role. Terms were not disclosed.
TFI International, a publicly traded North American transportation and logistics company, acquired Aulick Leasing Corp. and ShirAul, LLC from the Aulick family. The deal adds Aulick’s contract-hauling fleet and ShirAul’s BulletTM trailer manufacturing capabilities, expanding TFI’s asset base and presence across the Central and Western United States.
Find buyers actively acquiring transportation companies.