Liberty Hall Capital Partners Announces Sale of Onboard Systems

An aerospace-focused private equity firm left three of its seven platform investments

Published: Oct 12, 2021 at 4:00 PM EDT

CHARLESTON, SC and VANCOUVER, wash., Oct 12, 2021 / PRNewswire / – Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused solely on investing in companies serving the global aerospace and defense industries, announced the sale of Onboard today Systems International (“Onboard Systems”) known. the world’s leading provider of external cargo handling equipment for civil and military helicopters, to Arcline Investment Management. The terms of the transaction were not disclosed.

“Liberty Hall’s investment in Onboard Systems is another example of our longstanding successful partnership with founders and other private vendors, and is another case study of how Liberty Hall is implementing our highly disciplined investment strategy, moving mid-sized aerospace companies into larger, more capable ones and diverse strategic assets, “said Rowan Taylor, Founding and Managing Partner of Liberty Hall. “We are very proud of the achievements of the Onboard management team, which led the company’s successful transformation and further expanded its market leadership.”

“During our tenure, we have worked with the company’s founding family to transform the business to professional management and have made strategic investments in research and development and its operational presence to accelerate growth and transform operations,” said Taylor Catarozoli, Partner at Liberty Hall. “Since our acquisition, Onboard Systems has introduced several new products and launched several new programs to further penetrate its markets and is well positioned for future growth.”

Founded in 1975, Vancouver, Washington.Onboard Systems is the leading provider of external cargo equipment for civil and military helicopters with over 5,000 proprietary products developed in over 30 helicopter programs for over 1,000 original equipment and aftermarket customers. Recognized worldwide as a technology and performance leader, Onboard Systems is the go-to provider of suspension systems, load hooks, human external cargo systems and load weighing systems serving all major helicopter OEMs and most major helicopter platforms. Liberty Hall acquired Onboard Systems in February 2019 directly from the company’s founding family to implement its strategy of attracting niche providers of proprietary products in both the original equipment and aftermarket segments of the aerospace and defense industries.

“Through our partnership with Liberty Hall, we have expanded our global market share, redefined our go-to-market strategy and made significant operational investments to prepare for accelerated growth,” said Cory VanBuskirk, President of Onboard Systems. “We appreciate the support of Liberty Hall in positioning us for the next phase of growth and we look forward to working with Arcline and its portfolio of aerospace and defense companies to capitalize on our future growth opportunities.”

Houlihan Lokey served as the sell-side financial advisor to Liberty Hall. Liberty Hall’s legal advice was provided by Gibson, Dunn & Crutcher LLP.

About Liberty Hall Capital Partners
Liberty Hall Capital Partners is a private equity firm focused solely on investing in companies serving the global aerospace and defense industries. The directors of Liberty Hall have worked together for over 25 years and have the investment of $ 2.5 billion in equity in over 25 companies serving multiple segments of the aerospace and defense industries. Liberty Hall was founded in July 2011 as the first and still only private equity firm to focus exclusively on investments in medium-sized companies serving the aerospace and defense industries. Liberty Hall has a proven and repeatable investment strategy that aims to transform midsize businesses into bigger, better performing, and more diverse strategic assets. More information is available at http://www.libertyhallcapital.com/.

About Onboard Systems International
Onboard Systems is a leading global provider of external cargo handling equipment for civil and military helicopters. Onboard Systems’ innovative portfolio of load hook suspension systems, load hooks, human external cargo (HEC) systems, onboard weighing systems and remote equipment is factory-installed in over 30 helicopter models serving both original equipment and aftermarket customers. Its lightweight, high-quality products offer operators greater security and cost efficiency through customer-oriented designs, responsive service and support, and low ongoing maintenance costs. Onboard Systems was founded in 1975 and is based in Vancouver, Washington. More information is available at http://www.onboardsystems.com/.

For the freedom hall:

For media:

Rowan Taylor

Nneka Etoniru

Liberty Hall Capital Partners

RTI consulting

P: +1 (646) 291-2602

P: +1 (212) 850-5709

[email protected]

[email protected]

For onboard systems:

Cory VanBuskirk

International on-board systems

P: +1 (360) 546-3072 x 110

[email protected]

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SOURCE Liberty Hall Capital Partners

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