AIM Aerospace has been sold to Liberty Hall Capital Partners

Lincoln International (“Lincoln”), a leading global mid-market investment bank, announced that AIM Group Limited (“AIM” or the “Company”) has been acquired by Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, in a transaction valued at USD 220 million or £155 million.

AIM’s sole operating subsidiary is AIM Aerospace, based in Renton, Washington, U.S. Founded in 1988 as part of AIM Group PLC, AIM Aerospace is a leading, independent supplier of composite ducting, substructural and interiors parts for the commercial aerospace industry, focused on the highest value Boeing platforms, including the 737, 777 and 787. AIM Aerospace is one of the largest employers in the greater Seattle area with over 1,000 employees operating from facilities located in Renton, Auburn and Sumner, Washington. AIM Aerospace’s largest customers include The Boeing Company, Kawasaki Heavy Industries, Spirit AeroSystems and B/E Aerospace. AIM Aerospace was a 2014 recipient of the Spirit Supplier of the Year Award.

John Feutz, President of AIM, commented, “Lincoln coordinated a successful sale process that generated an excellent outcome for AIM. Their understanding of the intricacies in our business model and our industry, and the ability to effectively communicate our unique story to the right potential acquirers, resulted in a great partner for our company in Liberty Hall. We look forward to working with Liberty Hall and drawing from their depth of experience and expertise as AIM grows to the next level.”

Lincoln acted as the exclusive financial advisor to the Company, working closely with the management team in the U.S. and shareholders in the U.K. throughout the sale process. This included providing mergers and acquisitions advisory expertise and managing the marketing, negotiation and due diligence phases of the transaction. Jeff Smith, main shareholder and Executive Chairman, noted, “Lincoln International brought together high-quality advice, industry expertise and a multinational team to deliver the optimal result for the Company and shareholders in a complex cross-border transaction. Lincoln’s thoughtful advice and tenacious execution were invaluable in securing the continued legacy of AIM Aerospace in partnership with Liberty Hall.”

The sale of AIM builds on Lincoln’s leading Aerospace & Defense franchise and in-depth composites expertise.

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