Hogan Lovells has advised the senior management of AIM Aviation Ltd on its secondary buy-out by TowerBrook Capital Partners LP from existing investor LDC.
The transaction is subject to regulatory approval and is expected to complete in quarter four 2013.
TowerBrook, a leading international investment management company, has acquired a controlling stake in AIM Aviation from leading UK mid-market private equity house LDC, for an undisclosed sum. UK-based AIM Aviation designs, engineers and manufactures cabin interiors for the world’s major airlines on Airbus, Boeing and military aircraft.
The Hogan Lovells team advising the management was co-led by London private equity partners Amit Nayyar and Alan Greenough, and supported by associates Laurence Dace and Emma Bosworth; employment senior associate Kate Barker; employee share schemes of counsel Kiran Khetia and tax of counsel Andy Treavett.