Air Transport Services Group, Inc. (ATSG) has been acquired by Stonepeak in an all-cash transaction valued at approximately $3.1 billion. The transaction, announced on November 4, 2024, received shareholder approval on February 10, 2025, and has now been completed. With this, ATSG's common shares have ceased trading and will no longer be listed on NASDAQ. Under the terms of the agreement, holders of ATSG's common shares will receive $22.50 per share in cash. Mike Berger, Chief Executive Officer of ATSG, said, "Today marks an important milestone in ATSG's journey. As a private company – and with Stonepeak's support, as a leading investor in transportation, logistics, and asset leasing businesses – we are well-positioned to enhance our capabilities and sustain ATSG's long-term growth. I look forward to focusing on delivering value for our employees, customers, partners, communities, and other stakeholders. Our employees continue to demonstrate they are the best in the business across all ATSG companies. That, very simply, is what separates us from the rest."