The acquisition will be completed by an affiliate of Lone Star Fund XII. Alliance Ground International is being acquired from Greenbriar Equity Group and Audax Private Equity. Financial terms of the deal were not disclosed. Founded in 1987 and headquartered in Miami, AGI operates at more than 60 airports across the United States and Canada. The company employs over 12,000 professionals and provides cargo handling, passenger terminal services, ground handling, and other mission-critical airport services that support airline operations and global trade flows. 'We are pleased to reach this agreement to acquire AGI, a company that has grown into a true leader,' said Donald Quintin, chief executive officer of Lone Star. 'Lone Star has a history of partnering with businesses like AGI that support mission-critical services to key industries. We will work alongside the company's management team to drive growth, while also remaining committed to the high-quality operations its customers have...
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