AATS started in 2014 as a consortium that included Catalyst Direct Capital Management and
OPTrust Private Markets Group to purchase
SkyBus. Michael Sewards and Adam Begg were the founders and became the co-CEOs of the company. AATS purchased
Transit Australia Group (TAG) in April 2019, including bus companies
Sunbus and
Surfside Buslines. It was rebranded the Kinetic Group in August 2019, and remains the parent company of SkyBus and TAG. In the same month, OPTrust began to seek a co-investor in Kinetic Group, who would hold a minority share in the group. Kinetic acquired
Sydney bus and coach charter company
Telfords Bus & Coach in November 2019, followed by
Cairns bus operator
Love's Bus Service Queensland in January 2020. In March 2020, it was announced that Kinetic would buy
GoBus with 1,700 buses, subject to approval by the New Zealand
Overseas Investment Office. Approval was given in June and the acquisition was completed in August 2020. In December 2020, Campbell's Coaches,
Townsville was acquired. In February 2021, Kinetic announced it had agreed terms to purchase
Greyhound Australia's resources business Greyhound Resources that provides mine transport for workers in the
Bowen Basin,
Hunter Valley,
South Australia and
Northern Territory with 170 vehicles. The deal was expected to close in April 2021. This has since been rebranded as Kinetic Resources. Following OPTrust's 2019 announcement of seeking a co-investor, Infrastructure Capital Group acquired a 49% shareholding in Kinetic in October 2021. On 31 January 2022,
Kinetic Melbourne took over the routes operated by
Transdev Melbourne, with 531 buses, under a contract which runs until June 2031. In February 2022, Kinetic acquired Sainty's North East Bus Service, with vehicles and drivers joining Kinetic's Redline Coaches business. In March 2022, Kinetic announced its acquisition of
NZ Bus, which operates in
Auckland,
Tauranga and
Wellington and is one of New Zealand's biggest urban bus operators, with 800 buses and 14 depots. In the same month, Kinetic also announced the acquisition of Mersey Bus & Coach Services (Merseylink), the largest private operator in Tasmania which operates 51 general and school bus services in
Devonport and north-west Tasmania. In June 2022, in partnership with
Globalvia, Kinetic's offer to purchase the
Go-Ahead Group was recommended for acceptance by its board. The sale was approved by Go-Ahead's shareholders in August 2022. Kinetic has a 51% shareholding. In November 2022, Kinetic began operating a new depot at
High Wycombe in
Perth,
Western Australia, offering school route and charter services, general charter and event services. In late 2022, four of Kinetic's subsidiaries,
Sunbus (including
Love's Bus Service Queensland),
Surfside Buslines,
Telfords Bus & Coach and
Redline Coaches, were rebranded to Kinetic. In December 2024, Kinetic wound up it Telfords Bus & Coach operation. Kinetic continued to operate buses in Sydney through its shareholding in
U-Go Mobility. In November 2025 terms were agreed for
TPG to purchased a 70% shareholding with OPTrust to sell its shareholding and
Foresight Group to reduce its shareholding to 30%. The transaction is subject to regulatory approval. ==Operations==