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Farol Asset Management invests with Liberty Hall Capital Partners in the acquisition of AIM Aerospace

Farol Asset Management, along with other leading institutional investors, has partnered with Liberty Hall Capital Partners, to complete the acquisition of AIM Aerospace, an independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry, in a transaction valued at USD220 million.

"Liberty Hall is a leading private equity firm in the aerospace and defence market and we are extremely pleased to partner with them on this investment," says Doug Kelly, Partner at Farol. "We seek to invest alongside private equity firms in companies and industries where they demonstrate deep institutional knowledge and have the ability to create real value.  AIM Aerospace is well positioned to benefit from the growth in the industry including the introduction of next generation aircraft and the shift from metal to composite parts."
 
"We are very excited to partner with Farol," said Rowan Taylor, Liberty Hall's founding Partner. "Farol is a thoughtful, responsive and highly respected investor who will provide us many benefits in the years ahead as we together help build AIM Aerospace."
 
Founded in 1988 as part of the UK-based AIM Group PLC, Renton-based AIM Aerospace is a leading, independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry, focused on the highest value Boeing platforms, including the 737, 777 and 787. AIM Aerospace is one of the largest employers in the greater Seattle area with over 1,000 employees operating from facilities located in Renton, Auburn and Sumner, Washington.  The company's largest customers include The Boeing Company, Kawasaki Heavy Industries, Spirit Aerosystems and B/E Aerospace. AIM Aerospace was a 2014 recipient of the Spirit Supplier of the Year Award.

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