Lone Star finalizes its purchase of AGI, aiming for expansion.

Lone Star Funds has finalized its acquisition of Alliance Ground International (AGI), a North American airport services provider, initially announced in January 2026. This deal integrates Lone Star's investment platform with AGI's operations at over 60 airports, employing over 12,000 staff and offering various services. Both companies' CEOs expressed enthusiasm for the partnership, emphasizing a commitment to operational excellence and growth. The acquisition highlights ongoing investor interest in aviation services, particularly in ground handling and cargo operations, as the industry evolves to meet airline needs.