Stonepeak completed the acquisition of ATSG for $3.1bn.

Stonepeak, an alternative investment firm specializing in infrastructure and real assets, completed the acquisition of ATSG, a medium widebody freighter aircraft leasing, air transport operations, and support services company, for $3.1bn. “ATSG has proven itself to be a leader in global aircraft leasing, with significant scale, strong customer relationships, and an incredibly talented team across all of its businesses. We look forward to partnering with Mike and the rest of the team to support ATSG in its next chapter as a private company,” James Wyper, Stonepeak Senior Managing Director, Head of Transportation & Logistics, and Head of US Private Equity.