Recent Transportation Acquisitions
Acquisition Volume in Transportation by Year
Last 5 years
Recent transportation transactions span trucking and dedicated fleets, rail equipment, airport ground services, ports, and fleet services. Strategic buyers and financial sponsors are using acquisitions to build scale, broaden service capability and extend geographic reach.
Notable examples include Estes Logistics expanding into the Pacific Northwest, Wabtec Corporation adding rail couplers and aftermarket services with the purchase of Dellner Couplers, and airport and ground‑handling rollups such as PrimeFlight Aviation Services and Unifi Aviation. Several deals preserve local operations and employees while integrating capabilities into larger networks.
What Stands Out
- Strategic buyers and PE-backed platforms are expanding geographic footprints: examples include Estes Logistics (Pacific Northwest), Unifi Aviation (continental Europe), and Vantage Corp (Greater China).
- Service capability buildouts are common: acquisitions add dealer/service networks, trailer sales and service, and field installation capabilities (e.g., Trane Technologies (Thermo King), W&B Service Company, Transit Technologies).
- Airport and ground‑handling consolidation: deals such as PrimeFlight Aviation Services acquiring GAT Airline Ground Support and Unifi Aviation acquiring Viggo show focus on scale in airport services and catering.
- Asset and infrastructure transactions target scale and routes: fleet-scale acquisitions (e.g., Werner Enterprises / FirstFleet) and terminal/stevedoring expansions (e.g., AMPORTS) enhance network capacity.
- Rail and transit technology interest: Wabtec Corporation’s purchase of Dellner Couplers highlights targeted buys to strengthen passenger-rail product and aftermarket portfolios.
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April 10, 2026
- Buyer
- EQT Infrastructure V, Rederiaktiebolaget Gotland AB, Interogo Infrastructure, Lægernes Pension
- Target
- Nordic Ferry Infrastructure (NFI)
- Seller
- EQT Infrastructure V
- Industry
- Transportation
- Location
- Norway
- Type
- Growth capital
EQT Infrastructure V (EQT) has signed an agreement to sell a 30% minority stake in Nordic Ferry Infrastructure (NFI) to a consortium led by Rederiaktiebolaget Gotland AB, alongside Interogo Infrastructure and Lægernes Pension. EQT will remain the majority owner after completion. The transaction is intended to broaden NFI’s investor base and support NFI’s next phase of development, including future fleet decarbonization and electrification investments, and selective growth.
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- Buyer
- Sun Auto Tire & Service
- Target
- Carmerica in Sellersburg, Indiana
- Industry
- Transportation
- Location
- Indiana, United States
- Type
- Addon
Sun Auto Tire & Service added “Carmerica in Sellersburg, Indiana” to the Sun Auto Network on April 6, marking its third store in Southern Indiana and expanding coverage in the Greater Louisville market. The acquisition supports Sun Auto’s strategy of growing via established operators, offering added tools such as 24/7 online appointment scheduling and digital vehicle inspections.
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April 4, 2026
- Buyer
- Oak Hill Capital Partners (Oak Hill Capital)
- Target
- Guild Garage Group
- Industry
- Transportation
- Location
- Florida, United States
- Type
- Growth capital
Guild Garage Group partnered with middle-market private equity firm Oak Hill Capital to support the next phase of expansion. The investment is intended to accelerate Guild’s national growth strategy, including geographic expansion, service quality improvements, and strengthening its technology-enabled platform (financial terms undisclosed).
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- Buyer
- Marubeni Corporation
- Target
- DASI, LLC
- Industry
- Transportation
- Location
- Florida, United States
- Type
- Buyout
Marubeni Corporation announced it has acquired a 100% ownership stake in DASI, LLC, a global aircraft inventory solutions provider. The acquisition is intended to strengthen Marubeni’s aviation aftermarket strategy by expanding DASI’s global platform through capital, inventory and distribution capabilities, digital infrastructure, and broader service offerings.
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April 2, 2026
- Buyer
- America's Auto Auction
- Target
- G3 Remarketing (G3 Vehicle Auctions)
- Industry
- Transportation
- Location
- United Kingdom
- Type
- Buyout
America's Auto Auction announced its entry into the international market by acquiring G3 Remarketing, which operates the G3 Vehicle Auctions brand in the United Kingdom. The deal gives America's Auto Auction its first footprint outside the United States, including G3 locations in Castleford and Bedford.
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April 2, 2026
- Buyer
- Outrig
- Target
- East Valley RV & Boat Storage
- Seller
- Theresa Skagen
- Industry
- Transportation
- Location
- Washington, United States
- Type
- Buyout
Outrig announced its expansion into the Pacific Northwest through the acquisition of East Valley RV & Boat Storage in Renton, Washington. The facility will be rebranded as Outrig Storage East Valley and offers secure canopy and uncovered storage options for RV and boat owners in the Seattle metropolitan area.
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- Buyer
- H.I.G. Capital (affiliate)
- Target
- Global Elite Group, Inc. (GEG)
- Seller
- Securitas AB
- Industry
- Transportation
- Location
- United States
- Type
- Buyout
H.I.G. Capital announced that one of its affiliates completed the acquisition of Global Elite Group, Inc. (GEG) from Securitas AB. GEG is a provider of unarmed aviation security services across major U.S. airports, and the deal positions the company for accelerated growth and further investment in people and capabilities.
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- Buyer
- ITE Management L.P.
- Target
- CS Leasing Holding PTE Ltd.
- Industry
- Transportation
- Location
- Singapore
- Type
- Buyout
ITE Management L.P. announced it has acquired CS Leasing Holding PTE Ltd., a global container lessor specializing in ISO tank containers and dry freight specials. The deal adds about 55,000 container units deployed across four continents to ITE’s intermodal and industrial transportation infrastructure portfolio.
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March 29, 2026
- Buyer
- Uber Technologies
- Target
- Blacklane
- Industry
- Transportation
- Location
- Germany
- Type
- Buyout
Uber Technologies has agreed to acquire Blacklane to expand its premium, luxury and executive travel offerings. The deal is subject to regulatory approvals and other customary closing conditions, and is expected to close by the end of 2026.
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March 28, 2026
- Buyer
- Splash Car Wash
- Target
- Five Star Car Wash & Detail Center
- Industry
- Transportation
- Location
- Connecticut, United States
- Type
- Addon
Splash Car Wash, headquartered in Milford, Connecticut, announced the acquisition of the Five Star Car Wash & Detail Center in East Northport, New York. The company said the deal expands its Long Island presence and complements its recent car wash purchases in the region.
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- Buyer
- DATTCO Inc.
- Target
- Land/Jet
- Seller
- Charles Brady, Tim Brady
- Industry
- Transportation
- Location
- Connecticut, United States
- Type
- Buyout
DATTCO Inc. has acquired Land/Jet, a bus operator based in Watertown, expanding DATTCO’s presence in western Connecticut and extending service into New York. The transition will integrate Land/Jet’s 10-bus fleet, with about half expected to be retired and replaced by newer vehicles from DATTCO’s existing fleet, while retaining all Land/Jet employees.
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- Buyer
- Grab Holdings
- Target
- Delivery Hero's Taiwan delivery business (Foodpanda Taiwan)
- Seller
- Delivery Hero
- Industry
- Transportation
- Location
- Taiwan
- Type
- Divestiture
Grab announced it will acquire Delivery Hero’s Taiwan delivery business, including its Foodpanda operations, for $600 million in cash. The deal is expected to close in the second half of 2026, subject to regulatory approvals, and will expand Grab into Taiwan (its ninth market).
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March 28, 2026
- Buyer
- One Equity Partners
- Target
- Kitwave Group plc
- Industry
- Transportation
- Location
- United Kingdom
- Type
- Buyout
One Equity Partners announced the acquisition of Kitwave Group plc, a UK-based wholesale distributor supplying food, beverages, and other consumables to foodservice and retail customers across the country. The deal is positioned as a platform to expand within the fragmented UK wholesale distribution sector using Kitwave’s supplier relationships, logistics footprint, and acquisition/integration experience.
-
March 28, 2026
- Buyer
- SRS Distribution
- Target
- Mingledorff's
- Industry
- Transportation
- Location
- United States
- Type
- Addon
The Home Depot subsidiary SRS Distribution entered into a definitive agreement to acquire Mingledorff's, a wholesale HVAC distributor serving residential and commercial customers across the southeastern United States. The acquisition adds HVAC as a new vertical within SRS alongside its existing roofing, building products, landscape, and pool distribution businesses and is expected to close in the second quarter of fiscal 2026, subject to customary conditions.
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March 26, 2026
- Buyer
- Rob McGee (McGee Automotive Family)
- Target
- Lexus of Warwick
- Seller
- Penske Automotive Group
- Industry
- Transportation
- Location
- Rhode Island, United States
- Type
- Buyout
Penske Automotive Group sold its Lexus dealership in Warwick, Rhode Island (“Lexus of Warwick”) to Rob McGee of the McGee Automotive Family. Pinnacle Mergers 26 Acquisitions represented the buyer, and the dealership will continue operating under its existing Lexus of Warwick name.
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March 26, 2026
- Buyer
- Moving Tech Innovations (MTI)
- Target
- Automicle Holding BV, Automicle
- Industry
- Transportation
- Location
- Netherlands
- Type
- Buyout
Moving Tech Innovations (MTI), an operator of open mobility infrastructure, has acquired Netherlands-based Automicle Holding BV to enter and expand in Europe. The combined effort is intended to accelerate deployment of locally governed, interoperable, zero-commission mobility platforms for European cities using open protocols such as Beckn and TOMP API.
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- Buyer
- Vantage Corp, Vantage (BVI) Corporation
- Target
- PJ Marine Shanghai Co., Ltd.
- Industry
- Transportation
- Location
- Shanghai, China
- Type
- Addon
Vantage Corp, through its wholly owned subsidiary Vantage (BVI) Corporation, completed the previously announced acquisition of a 60% interest in PJ Marine Shanghai Co., Ltd. PJ Shanghai is based in Shanghai, China.
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March 20, 2026
- Buyer
- KKR
- Target
- Allfleet India Private Limited, PMI Electro Mobility Private Limited
- Industry
- Transportation
- Location
- India
- Type
- Growth capital
KKR committed up to $310 million to form a strategic partnership with Allfleet India Private Limited and PMI Electro Mobility Private Limited to scale an electric bus platform in India. KKR-managed funds will acquire a majority stake in Allfleet and a minority stake in PMI Electro, supporting expansion of electric public transport infrastructure across Indian cities.
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March 19, 2026
- Buyer
- Suntex Marina Investors LLC, Centerbridge Partners, L.P.
- Target
- Windward Marina Group
- Industry
- Transportation
- Location
- United States
- Type
- Addon
Suntex Marina Investors LLC, partnering with Centerbridge Partners, L.P., announced it has merged with Windward Marina Group, adding 13 marinas and more than 3,000 slips. The combined platform expands Suntex’s footprint to over 100 marinas nationwide, including 34 locations across Florida.
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March 19, 2026
- Buyer
- Club Car Wash
- Target
- Wett Car Wash
- Industry
- Transportation
- Location
- United States
- Type
- Buyout
Club Car Wash acquired the prior Wett Car Wash located at 193 W North Ave in West Chicago. The company is using the acquisition to establish relationships with new local customers and ease the transition for prior Wett Car Wash members.
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March 19, 2026
- Buyer
- Chilton Auto Body
- Target
- Marina Auto Body
- Seller
- Tom Williamson
- Industry
- Transportation
- Location
- United States
- Type
- Addon
Chilton Auto Body acquired Marina Auto Body’s collision repair operations, including two full-service collision repair facilities and one satellite intake center. Focus Advisors served as exclusive advisor to Marina Auto Body in the transaction.
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- Buyer
- Zenobē
- Target
- Revolv
- Industry
- Transportation
- Location
- California, United States
- Type
- Buyout
Zenobē, a global fleet electrification and battery storage specialist, is expanding into U.S. electric truck operations by acquiring California-based Revolv. The acquisition adds 13 operational sites and 100-plus electric trucks, strengthening Zenobē’s ability to deliver end-to-end electrification solutions for commercial fleets across North America.
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- Buyer
- Elliott Investment Management L.P.
- Target
- Mitsui O.S.K. Lines, Ltd.
- Industry
- Transportation
- Location
- Japan
- Type
- Growth capital
Elliott Investment Management L.P. disclosed that it has taken a significant stake in Mitsui O.S.K. Lines, Ltd., one of the world’s largest shipping companies. The activist investor said it is looking to engage with management around the company’s upcoming medium-term management plan to drive strategic and valuation improvements.
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- Buyer
- Sun Auto Tire & Service
- Target
- 23 locations across Colorado and Arizona (from DAS Drive Automotive Services)
- Seller
- DAS Drive Automotive Services
- Industry
- Transportation
- Location
- Arizona, United States
- Type
- Addon
Sun Auto Tire & Service expanded into Colorado by acquiring 23 tire and automotive service locations across Colorado and Arizona from DAS Drive Automotive Services. The deal gives Sun Auto its first Colorado locations and strengthens its Southwest footprint, bringing the Sun Auto network to more than 575 stores nationwide.
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March 16, 2026
- Buyer
- Sierra Railroad Company, Ridgewood Infrastructure
- Target
- Central Valley Ag Transport
- Industry
- Transportation
- Location
- California, United States
- Type
- Addon
Sierra Railroad Company, a portfolio company of Ridgewood Infrastructure, acquired Central Valley Ag Transport (CVAT). The acquisition strengthens Sierra’s short line rail platform by vertically integrating agricultural transload capabilities serving customers along Sierra Northern Railway’s network in California. Financial terms were not disclosed.
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March 12, 2026
- Buyer
- GreatWater 360 Auto Care, Kinderhook Industries
- Target
- Leighton's Garage
- Industry
- Transportation
- Location
- Minnesota, United States
- Type
- Addon
GreatWater 360 Auto Care acquired Leighton's Garage, a shop in the Twin Cities metro area, marking GreatWater’s entry into Minnesota. The acquisition expands GreatWater’s network to 150 locations nationwide and supports its strategy of partnering with independent operators and integrating them into a centralized support platform backed by Kinderhook Industries.
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March 12, 2026
- Buyer
- LOGISTEC
- Target
- Travero's Logistics Park Dubuque (LPD)
- Seller
- Travero
- Industry
- Transportation
- Location
- Illinois, United States
- Type
- Buyout
LOGISTEC announced the acquisition of Travero’s Logistics Park Dubuque (LPD), a multi-purpose marine terminal in East Dubuque, Illinois. The deal expands LOGISTEC’s inland waterways network along the Upper Mississippi River and improves routing options for agriculture, manufacturing, and energy supply chains into broader markets, including the Gulf Coast.
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March 12, 2026
- Buyer
- El Car Wash
- Target
- Luv-A-Wash
- Seller
- Ellis Love (President, Luv-A-Wash)
- Industry
- Transportation
- Location
- Florida, United States
- Type
- Addon
El Car Wash, an express car wash operator, announced it has acquired Luv-A-Wash located in Pine Ridge (Naples), Florida, expanding its network in Collier County. The acquired site is undergoing conversion to the El Car Wash brand, with planned upgrades and new membership access to El’s broader location network.
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March 12, 2026
- Buyer
- Global Infrastructure Partners (GIP), BlackRock
- Target
- TCR, TCR (airport ground support equipment lessor)
- Seller
- 3i Infrastructure plc
- Industry
- Transportation
- Location
- Belgium
- Type
- Buyout
Global Infrastructure Partners (GIP), a part of BlackRock, entered into a definitive agreement to acquire TCR, the world’s largest independent lessor of airport ground support equipment, from 3i Infrastructure plc. TCR’s management team will also invest alongside GIP, and the deal is subject to customary closing conditions and regulatory approvals.
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March 12, 2026
- Buyer
- Green Courte Partners
- Target
- Park n' Jet
- Seller
- Dalton family
- Industry
- Transportation
- Location
- Utah, United States
- Type
- Buyout
Green Courte Partners, through Green Courte Real Estate Partners IV, acquired Park n' Jet, a near-airport parking operator serving Salt Lake City International Airport. Park n' Jet was previously leased and operated from an adjacent site owned by the fund, and Green Courte plans to consolidate the two neighboring parking properties into an integrated facility with approximately 4,400 spaces across more than 40 acres.
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March 11, 2026
- Buyer
- RBW Logistics
- Target
- Metrix Logistics Group, LLC
- Industry
- Transportation
- Location
- United States
- Type
- Buyout
RBW Logistics announced it has acquired Metrix Logistics Group, LLC as part of a strategy to expand its national logistics footprint and capabilities. The deal extends RBW’s geographic presence into the Texas market and is intended to enhance network connectivity and service offerings by integrating Metrix’s assets, talent, and industry expertise.
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- Buyer
- Ridgewood Infrastructure
- Target
- Sierra Railroad Company, Central Valley Ag Transport (CVAT)
- Industry
- Transportation
- Location
- California, United States
- Type
- Addon
Ridgewood Infrastructure acquired a controlling interest in California-based shortline rail platform Sierra Railroad Company. Simultaneously, Sierra acquired Central Valley Ag Transport (CVAT) to vertically integrate agricultural transload capabilities, and the transaction includes Sierra’s hydrogen locomotive subsidiary Railpower, Inc.
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March 10, 2026
- Buyer
- Redwood Logistics
- Target
- Stridas
- Industry
- Transportation
- Location
- Ohio, United States
- Type
- Buyout
Redwood Logistics, a Chicago-based modern 4PL, announced it is acquiring Stridas, a Cincinnati managed transportation provider focused on data-driven freight optimization and commercial solution design. The deal expands Redwood’s managed transportation capabilities by integrating Stridas’ network redesign methodology with Redwood’s RedwoodConnect technology platform.
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- Buyer
- Diana Shipping Inc.
- Target
- Genco Shipping Trading Limited
- Industry
- Transportation
- Location
- United States
- Type
- Buyout
Diana Shipping increased its all-cash offer to acquire the remaining shares of Genco Shipping Trading Limited that it does not already own to $23.50 per share. The revised proposal is supported by fully committed financing totaling $1.433 billion, and a definitive agreement with Star Bulk Carriers to acquire 16 vessels from Genco for $470.5 million upon completion.
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- Buyer
- Monomoy Capital Partners, Monomoy Fund V (affiliate vehicle)
- Target
- Jiffy Lube International, Inc.
- Seller
- Pennzoil Quaker State Company DBA SOPUS Products, Shell USA, Inc. (via subsidiary SOPUS Products)
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Buyout
Monomoy Capital Partners has entered into a definitive agreement to acquire Jiffy Lube International, Inc. from Pennzoil Quaker State Company DBA SOPUS Products, a wholly owned subsidiary of Shell USA, for approximately $1.3 billion. The transaction is expected to close in the second half of 2026, subject to customary closing conditions and regulatory approval.
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March 6, 2026
- Buyer
- Dobbs Tire & Auto Centers
- Target
- Schierl Tire & Auto Service, Al Huss Auto, Matthews Tire, Hartje Tire (location included with Schierl acquisition)
- Seller
- William Schierl (Team Schierl Companies)
- Industry
- Transportation
- Location
- United States
- Type
- Addon
Dobbs Tire & Auto Centers announced its expansion in Wisconsin through acquisitions of Schierl Tire & Auto Service and two Al Huss Auto locations. The Schierl Tire acquisition includes multiple locations in northeast Wisconsin, and Dobbs said it retains retail employees as part of the transaction.
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- Buyer
- Malibu Boats, Inc.
- Target
- Saxdor Yachts
- Industry
- Transportation
- Location
- Finland
- Type
- Buyout
Malibu Boats, Inc. announced it has acquired Saxdor Yachts, valuing the deal at approximately €150 million (about $175 million). The acquisition expands Malibu’s global marine platform and adds premium adventure dayboats to its portfolio, with Saxdor continuing to operate as a subsidiary while maintaining its brand identity.
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- Buyer
- Moeris
- Target
- Richmond Traffic Control
- Industry
- Transportation
- Location
- Virginia, United States
- Type
- Addon
Moeris announced it has acquired Richmond Traffic Control, a work zone safety and traffic control services provider based in Ashland, Virginia. The deal expands Moeris’ national roadway safety and traffic control platform into the Mid-Atlantic region, with Richmond Traffic Control retaining its name and local operating structure.
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March 4, 2026
- Buyer
- Redwood Logistics
- Target
- EELCO
- Industry
- Transportation
- Location
- Texas, United States
- Type
- Buyout
Redwood Logistics announced the acquisition of EELCO, a Laredo, Texas-based customs brokerage and warehousing provider with more than 30 years of experience at the U.S.–Mexico border. The deal expands Redwood Mexico’s licensed customs brokerage capabilities, Foreign-Trade Zone (FTZ) warehousing, and adds a 250,000 sq ft warehouse footprint in Laredo.
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March 4, 2026
- Buyer
- America's Auto Auction
- Target
- Plaza Auto Auction
- Seller
- Sean McNeal
- Industry
- Transportation
- Location
- United States
- Type
- Buyout
America's Auto Auction announced the acquisition of Plaza Auto Auction in Mount Vernon, establishing its first Iowa location. The acquired auction will operate as "America's Auto Auction Iowa" and expand America's national footprint to 24 states.
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March 2, 2026
- Buyer
- JustPark
- Target
- BigParking
- Industry
- Transportation
- Location
- United Kingdom
- Type
- Buyout
JustPark, a UK parking provider, has acquired BigParking, a UK football and event parking operator and software provider. The deal adds 120+ locations and tens of thousands of parking spaces to JustPark’s event inventory, supporting the rollout of JustPark Passes and EventPass technology for pre-booked event parking.
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February 27, 2026
- Buyer
- Algoma Central Corporation
- Target
- Mainstay Maritime Inc., Lower Lakes Towing Ltd., Kaministiqua, Manitoulin, Robert S. Pierson, Saginaw, Michipicoten, Valo
- Seller
- Mainstay Maritime Inc.
- Industry
- Transportation
- Location
- Ontario, Canada
- Type
- Divestiture
Algoma Central Corporation entered into a definitive agreement to acquire Mainstay Maritime Inc.’s three Canadian operating companies—collectively Lower Lakes—and a fleet of six Canadian-flagged vessels. The transaction is expected to close in Q1 2026 and includes Lower Lakes Towing Ltd. plus the lakers Kaministiqua, Manitoulin, Robert S. Pierson, Saginaw, Michipicoten, and Valo.
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February 27, 2026
- Buyer
- Armira
- Target
- Viabus B.V.
- Industry
- Transportation
- Location
- Netherlands
- Type
- Buyout
H.I.G. WhiteHorse, the credit affiliate of H.I.G. Capital, provided first-lien, senior-secured financing to support Armira’s acquisition of Viabus B.V., a Dutch tour operator focused on affordable guided coach travel for senior travelers. Under Armira’s ownership, Viabus is expected to continue expanding its presence in the senior travel market.
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- Buyer
- Dubai Aerospace Enterprise (DAE) Ltd
- Target
- Macquarie AirFinance Limited (MAF)
- Industry
- Transportation
- Location
- United Arab Emirates
- Type
- Buyout
Dubai Aerospace Enterprise (DAE) has signed a definitive agreement to acquire 100% of Macquarie AirFinance Limited (MAF) in an all-cash transaction valued at approximately $7 billion. The deal is subject to customary closing conditions and is expected to close in the second half of 2026, adding scale and expanding DAE’s airline leasing franchise.
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- Buyer
- Legato Merger Corp. III
- Target
- Einride AB
- Industry
- Transportation
- Location
- Sweden
- Type
- Growth capital
Einride AB and Legato Merger Corp. III entered into a definitive business combination agreement under which Einride will become a NYSE-listed public company. The transaction is supported by a $113 million oversubscribed PIPE financing (with participation from EQT Ventures and other investors) and includes an additional $100 million crossover financing raised by Einride during 2025.
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February 26, 2026
- Buyer
- APM Terminals, A.P. Moller–Maersk
- Target
- South Container Terminal at Jeddah Islamic Port
- Seller
- Saudi Ports Authority
- Industry
- Transportation
- Location
- Saudi Arabia
- Type
- Growth capital
APM Terminals, a wholly owned subsidiary of A.P. Moller–Maersk, acquired a 37.5% stake in the South Container Terminal at Jeddah Islamic Port. Saudi Ports Authority announced the sale as Maersk seeks deeper operational integration in Jeddah and increased connectivity along the Red Sea corridor.
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February 25, 2026
- Buyer
- Fastfrate Group
- Target
- Omnitrans Inc., Metro Customs Brokers Inc., Omnitrans China Ltd.
- Industry
- Transportation
- Location
- Quebec, Canada
- Type
- Buyout
Fastfrate Group entered into a definitive agreement to acquire Omnitrans Inc., including its subsidiaries Metro Customs Brokers Inc. and Omnitrans China Ltd. The deal (100% ownership) will expand Fastfrate’s service offering beyond North America into key global trade lanes, particularly freight flows between Asia and North America, including customs brokerage capabilities.
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February 23, 2026
- Buyer
- Uber Technologies, Inc.
- Target
- SpotHero, Inc.
- Industry
- Transportation
- Location
- Illinois, United States
- Type
- Buyout
Uber Technologies, Inc. has agreed to acquire SpotHero, a parking reservation marketplace, bringing in-app parking reservation capabilities to the Uber app. The deal is subject to regulatory approval and other customary closing conditions, and is expected to close in the first half of 2026.
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February 23, 2026
- Buyer
- Cando Rail & Terminals, Cando Rail & Terminals (Cando)
- Target
- Savage Rail, Savage Rail (Savage Rail)
- Seller
- Savage Enterprises LLC, Savage (Savage Enterprises LLC)
- Industry
- Transportation
- Location
- Manitoba, Canada
- Type
- Buyout
Cando Rail & Terminals has executed a definitive agreement to acquire Savage Rail from Savage Enterprises LLC. The deal is expected to expand Cando’s U.S. footprint and create a coast-to-coast North American rail operating services and terminal infrastructure platform with direct access to all six Class I railroads.
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- Buyer
- Tidewater Inc.
- Target
- Wilson Sons Ultratug Participações S.A., Atlantic Offshore Services S.A.
- Industry
- Transportation
- Location
- Brazil
- Type
- Buyout
Tidewater entered into a definitive agreement to acquire all outstanding shares of Wilson Sons Ultratug Participações S.A. and its affiliate Atlantic Offshore Services S.A. (collectively “WSUT”) in an all-cash transaction valued at approximately $500 million, including assumption of existing debt. The deal is expected to close late in the second quarter of 2026, subject to regulatory approvals (including Brazil’s CADE) and customary closing conditions.
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Frequently Asked Questions
What types of buyers are active in transportation deals?
Both strategic operators (for example, Estes Logistics, Werner Enterprises, Wabtec Corporation, AMPORTS) and private‑equity or sponsor-backed platforms (for example, Stellex Capital Management, Atlantic Street Capital) are active, using acquisitions to add routes, services and aftermarket capabilities.
Which subsectors within transportation are most represented?
Recent activity is concentrated in trucking and dedicated fleets, airport ground handling and catering, trailer sales and service, fleet installation/telematics, rail equipment and couplers, and port/terminal operations.
Do transactions typically change local operations or staff?
Many deals preserve local operations and employees while integrating back‑office or network capabilities — for example, Estes Logistics transferred Key Trucking staff, and AMPORTS assumed Port Freeport operations and staff.
Are these deals domestic or international in scope?
Both. The listings include domestic U.S. deals across multiple states and international transactions such as Wabtec’s acquisition in Sweden, Unifi Aviation in the Netherlands, and Vantage Corp’s investment in Hong Kong.