Liberty Hall Capital Partners announces sale of AIM Aerospace for US$510 million
June 17, 2019
Liberty Hall Capital Partners announced that it has executed a definitive agreement to sell AIM Aerospace to Sekisui Chemical Group for US$510 million in cash. AIM Aerospace is a leading designer and producer of advanced composite structures, systems, engine components and thermoplastic technology for the global aerospace industry. Liberty Hall is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. It has offices in Charleston and New York.
WA-based AIM Aerospace has more than 1,000 employees operating from its manufacturing centers of excellence and research and technology center located in the United States. The company’s key customers include The Boeing Company, GE, Kawasaki Heavy Industries and Spirit AeroSystems. AIM Aerospace was acquired by Liberty Hall in 2016 to serve as the foundational asset of the firm’s strategy to build a fully-integrated, diversified composites supplier. In 2017, Liberty Hall acquired Quatro Composites, a leading supplier of highly engineered advanced composite structures, components and assemblies for the aerospace industry, and integrated the company into AIM Aerospace.
Completion of the transaction is expected to occur in the fourth quarter of 2019, subject to customary closing conditions and applicable regulatory reviews.
Lincoln International served as sell-side financial advisor to Liberty Hall. Legal advice to Liberty Hall was provided by Gibson Dunn & Crutcher.
About Liberty Hall Capital Partners
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall’s principals have a 25-plus year history of working together and have led the investment of over $2.5 billion in equity capital in over 25 businesses serving multiple segments of the aerospace and defense industry and complementary industrial end markets. Liberty Hall develops actionable investment strategies for attractive segments of the aerospace and defense industry and then partners with entrepreneurs and management teams to acquire leading businesses serving these segments and, together with them, develops sound, long-term strategic plans to build these businesses through a combination of strategic investments and strategic acquisitions. For more information, please visit http://www.libertyhallcapital.com/.
About AIM Aerospace
AIM Aerospace is a leading designer and producer of advanced composite structures, systems, engine components and thermoplastic technology for the global aerospace industry. AIM’s multiple and highly complementary capabilities allow the delivery of products to its customers with optimal cost, quality and delivery. AIM Aerospace has been manufacturing and engineering products for the aerospace and defense markets for over 30 years. Based in Renton, Washington, AIM Aerospace is currently executing a strategic plan to build its business through strategic investments in further capabilities, customers and platforms. For more information, please visit http://www.aim-aerospace.com/.
