Liberty Hall Capital Partners (Liberty Hall), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defence industries, has merged existing portfolio company Comply365, with Vistair.
The merger creates a global provider of compliance, safety and data intelligence technologies serving the aviation, defence and rail industries with over 120 customers located in over thirty countries on six continents. Terms of the transaction have not been disclosed.
In connection with the merger, Insight Partners, a global software investor, has joined Liberty Hall as an equal investor in the combined business.
Rob Morgan, current Chief Executive Officer of Vistair, has been appointed Chief Executive Officer of the combined company, while Tom Samuel, current Chief Executive Officer of Comply365, has been appointed Vice Chairman of the combined company’s board of directors and will lead the integration of the two businesses.
Lincoln International served as financial adviser to Comply365 and Harris Williams and Lincoln International served as financial advisors to Insight Partners and Liberty Hall. Legal advice to Comply365 and Liberty Hall was provided by Gibson Dunn & Crutcher and legal advice to Insight Partners was provided by Willkie Farr & Gallagher. Houlihan Lokey served as financial advisor to Vistair. Legal advice was provided by Osborne Clarke.
