Ashurst advised Liberty Hall Capital Partners, a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, on the acquisition of AIM Aerospace, a leading, independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry.

The transaction is valued at £182 million. After completion of the acquisition, AIM Aerospace, which represents Liberty Hall's second platform acquisition, will support the company's new strategy to create a fully integrated, diversified composites supplier network through organic investments and planned acquisitions.

The Ashurst team was led by private equity partner Nick Rainsford, assisted by Braeden Donnelly and Emma Bernstein (corporate) Jane Fissenden and Kathy Tuohy (Finance), Richard Palmer (Tax) and Neil Cuninghame (Competition). Shulte Roth & Zabel LLP (John M. Pollack) led on US matters.