TowerBrook Capital Partners, L.P., has agreed to acquire a controlling stake in AIM Aviation Limited from LDC. Jamieson Corporate Finance advised Mark Edwards (CEO) and the other senior managers of the company on structuring the terms of their reinvestment and new equity incentive arrangements.
AIM Aviation is one of the leading global suppliers of cabin interiors to the world’s top airlines and OEM’s including Boeing, Airbus and manufacturers of regional aircraft. Based in Bournemouth, the company employs over 800 people.
This is the second time that Jamieson has acted for the management team, having previously advised on the LDC backed management buyout in June 2010.
Completion of the transaction is subject to international regulatory clearances and is expected to take place during Q4 2013. The Jamieson engagement team comprised Ian Jamieson, Matt Hucker and David Kirkpatrick.