News

28, Aug. 2025
Tenex Capital Management Completes Sale of G2 Secure Staff

New York, NY – August 28, 2025 – Tenex Capital Management (“Tenex”) is pleased to announce the sale of G2 Secure Staff (“G2” or the “Company”) to Menzies Aviation (“Menzies”), an Agility Global company.

G2 is a provider of outsourced aviation services to the US airline industry, supporting airlines across terminals, cabins, ramps, cargo, and security functions. The Company operates across ~90 airports nationwide in key primary and secondary hubs for all of the major US carriers and employs ~12,000 people.

Since partnering with G2 in January 2020, Tenex and management have significantly transformed and scaled the business through meaningful organic growth, the implementation of numerous operational initiatives, and the completion of two add-on acquisitions.

G2 CEO Julie Gostic commented, “During G2’s partnership with Tenex, we were able to successfully scale our operations, expand our footprint, and better serve our airline partners nationwide through enhanced service, safety, and sustainability. We’re excited to join Menzies Aviation, and we believe we can continue our growth trajectory as part of the world’s largest aviation services platform. I look forward to building on our reputation for consistency and high-quality standards while also maintaining a close relationship with our customers, who can expect to see the same level of premium service.”

Tenex Managing Director Gabe Wood remarked, “We’re honored to have partnered with the G2 team over the last five-and-a-half years, working side-by-side to implement growth initiatives and operational improvements that helped the Company successfully navigate through a tumultuous environment during COVID and emerge as a stronger business. We opened 16 new greenfield stations, captured significant market share in existing locations, deployed robust new technology solutions and assembled an exceptional management team with deep industry experience. We believe the company is well-positioned with Menzies to continue providing high-quality services to its customers.”

The transaction closed on August 26, 2025. Solomon Partners served as lead financial advisor to the Company and Keybanc Capital Markets served as co-advisor.  Koley Jessen served as legal counsel to the Company.