Lone Star completes acquisition of Alliance Ground International
Investment firm Lone Star has now completed its takeover of US airport services provider and ground handler Alliance Ground International (AGI).
Lone Star Funds announced in January that an affiliate of Lone Star Fund XII, L.P. had entered into a definitive agreement to acquire AGI from Greenbriar Equity Group and Audax Private Equit...
This acquisition fits neatly into the broader pattern of private equity consolidation in the aviation services sector, where firms target companies with stable cash flows and scalable operations. The narrative presented is one of growth and operational excellence, with both AGI’s leadership and Lone Star framing the deal as a win-win for expansion and service quality. At its strongest, this story highlights the potential for private equity to inject capital into mid-market companies, enabling th...
