Liberty Hall Capital exits Aircraft Performance Group after just 13-month hold

71

Liberty Hall has ended its ownership of Aircraft Performance Group after just 13 months in its portfolio through a sale to AFV Partners.

APG provides mission critical flight operations software to the business and charter aviation segments of the global aerospace industry.

AFV Partners was launched last summer as a specialist low-leverage capital vehicle which invests in long-term mission critical software and data businesses.

Firm founder Tony Aquila was previously an investor and lead board director in APG alongside Liberty Hall.

He said, “APG is a growing market leader, with a 20-year track record of providing regulator-required performance and safety calculations and will be a foundational asset for our aviation investment vertical.”

Defence and aerospace-focused Liberty Hall sealed the final close of its inaugural institutional private equity fund in 2018 by pulling in more than $226m.

Copyright © 2020 AltAssets