AFV Partners LLC, a capital vehicle, has announced the acquisition of Colorado-based Aircraft Performance Group, LLC (APG), a flight operations software provider (APG) from private equity firm Liberty Hall Capital Partners, the company said.
The acquisition is expected to strengthen AFV´s aviation investment vertical.
Terms of the transaction, which closed on January 3, 2020, were not disclosed.
APG has leveraged AFV´s market position to expand its portfolio of capabilities and optimize the delivery of solutions while supporting a culture of technological innovation.
AFV Partners is an affirmative low-leverage capital vehicle that invests in long-term mission critical software and data businesses.
Aircraft Performance Group is a global provider of mission critical flight operations software to the business and charter aviation segments of the global aerospace industry.
Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry.