Liberty Hall Capital Partners

Liberty Hall Capital Partners is a private equity firm in Charleston, South Carolina. It invests in middle market companies that serve the aerospace and defense industry.

The firm was founded in New York City in 2011. It says it was the first private equity firm to focus only on middle market aerospace and defense businesses. It opened its Charleston office in 2017. Its aim is to turn mid-sized companies into larger and more capable businesses, using a hands-on and repeatable approach based on research.

Liberty Hall knows the aerospace sector well, but it is open to different business models. It looks at suppliers and manufacturers, aircraft financiers, distributors and MRO service providers. It also looks at software and technology companies that serve aerospace, defense and space markets.

Since November 2013 the firm has put more than $1.2 billion of equity into 24 acquisitions. Eight were platform deals and sixteen were add-on deals. Fourteen of the companies are in the United States, four are in the United Kingdom and two are in Germany. The others are in Australia, Austria, Israel and New Zealand. In March 2018 it closed its first fund with total commitments of $226.5 million.

Its current and former portfolio companies support every major commercial aerospace, defense and space platform. They serve global manufacturers and defense primes, and customers include more than 300 airlines, 1,000 helicopter operators and 11,500 business jet owners.

Past and present holdings include Comply365, Bromford Group, Accurus Aerospace, AIM Aerospace, Onboard Systems, Aircraft Performance Group and Dunlop Aircraft Tyres. Comply365 has grown through a series of purchases, including Vistair, Qualtero and Beams Technology.

Before 2011, the firm's principals led $1.8 billion of equity investment in 10 aerospace and defense deals. These included the formation of Avolon.

Services

• Private equity investment
• Aerospace and defense acquisitions
• Growth capital
• Platform acquisitions
• Add-on acquisitions