TowerBrook Capital Partners L.P. Agrees To Acquire A Controlling Stake in AIM Aviation from LDC

September 10, 2013

TowerBrook Capital Partners L.P. (“TowerBrook”), a leading international investment management firm, and LDC, a leading UK mid-market private equity house, jointly announce that TowerBrook has agreed to acquire a controlling stake in AIM Aviation Limited (“AIM Aviation”) from LDC.

AIM Aviation designs, engineers and manufactures cabin interiors for the world’s major airlines on Airbus, Boeing and military aircraft, from its base in the UK.

The market-leading services of AIM Aviation include: exterior and interior composite assemblies, stowages and galleys, premium monuments and bar units, lounges, sky shops and seat modules – in fact the entire cabin interior from cockpit to rear pressure bulkhead, all inspirationally designed, meticulously engineered and beautifully crafted.

In-house research and development expertise enables innovative ideas and materials to meet with the vision of the airline and the standards of the aircraft manufacturer. Design and engineering skills allow AIM Aviation to offer both practical solutions and striking, unique, statement pieces.

With plane manufacturers’ backlogs at an all-time high, the global commercial aviation industry is expected to benefit significantly from the increase in air traffic anticipated in the next few years. With its strong reputation for engineering capabilities and customer service, AIM Aviation is uniquely positioned to benefit from this growth.

Mark Edwards, CEO of AIM Aviation, commented: “This is a positive move for our clients, employees and business. Our plans for growth remain in place and it continues to be business as usual.”

Rayhan Davis of TowerBrook said: “We are delighted to be investing in AIM Aviation and we look forward to working with the management team to help the business execute on its next phase of development.”

The transaction is subject to regulatory approval and is expected to complete in Q4 2013.