Stonepeak completes acquisition of atsg

Wilmington, ohio--(business wire)--air transport services group, inc. (“atsg”), a global leader in medium widebody freighter aircraft leasing, air transport operations, and support services, today announced the completion of its acquisition by stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, in an all-cash transaction with an enterprise valuation of approximately $3.1 billion. “today marks an important milestone in atsg's journey,” said mike berge.
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