Private equity firm Liberty Hall Capital Partners has announced that it has sold Aircraft Performance Group, LLC (APG) to technology holding company AFV Partners LLC, the company said.
Terms of the transaction, which closed on January 3, 2020, were not disclosed. Legal advice to Liberty Hall and APG was provided by Gibson Dunn & Crutcher.
Liberty Hall is focused exclusively on investments in businesses serving the global aerospace and defense industry.
Aircraft Performance Group is a global provider of proprietary flight operations software solutions into the aftermarket of the aerospace industry. APG operates a software as a service business model focused on the corporate and business aviation segment of the aerospace industry.