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.
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