Liberty Hall Capital Partners Appoints Robert Kirkpatrick as President of Accurus Aerospace Corporation

News provided by

Aug 16, 2016, 07:00 ET

NEW YORK and DALLAS, Aug. 16, 2016 /PRNewswire/ -- Liberty Hall Capital Partners ("Liberty Hall"), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, today announced the promotion of Robert A. Kirkpatrick to President of Accurus Aerospace Corporation ("Accurus"), a leading Tier II supplier of highly engineered machined parts, kits and assemblies and processing services, focused on the highest value aircraft platforms.

Mr. Kirkpatrick joined Accurus in 2014 as Executive Vice President and Chief Operating Officer and has been responsible for overseeing the daily operations of Accurus, while also managing the integration of Accurus's existing divisions, including Precise Machining & Manufacturing, McCann Aerospace Machining, LaCroix Industries, J&M Machine and ZTM Aerospace. In addition to his new role as President of Accurus, Mr. Kirkpatrick will continue in his role as Chief Operating Officer.

"Robert has brought significant value to Accurus," said Rowan Taylor, Liberty Hall's founding Partner. "His deep understanding of the aerostructures segment, proven experience both before and now at Accurus in integrating and leading multiple divisions, and his substantial contributions to Accurus's successes, place Robert in a unique position to further lead the company."

"Robert has been a tremendous asset to our management team since joining Accurus in 2014," said Jim Gibson, CEO of Accurus. "I am confident that he will continue to push our team as we continue to execute our strategy, including identifying and executing acquisition opportunities for our expanding business." Mr. Gibson, who served as President and CEO at Accurus from 2013 to 2016, will remain the company's Chief Executive Officer.

Mr. Kirkpatrick added: "I am excited to continue working with Accurus's strong management team as we continue to grow our business."

Prior to joining Accurus, Mr. Kirkpatrick held a number of different roles across the aerospace manufacturing industry throughout his 20 year career. Most recently, Mr. Kirkpatrick was Senior Vice President of Airframe Products for Precision Castparts Corp., a worldwide, diversified manufacturer of complex metal components and products based in Portland, OR, where he was responsible for managing multiple operating locations, supporting M&A activity and integrating new acquisitions and separate operating units. Prior to joining Precision Castparts Corp., Mr. Kirkpatrick held senior positions at Primus International Inc. in Bellevue, WA and Walden's Machine, Inc. in Tulsa, OK. Mr. Kirkpatrick received his BBA in Accounting and Finance from Northeastern Oklahoma State University and his MBA from the University of Tulsa in 2002.

About Liberty Hall Capital Partners

Liberty Hall Capital Partners is a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry. Liberty Hall's principals have led the investment of $2.3 billion in equity capital in businesses serving multiple segments of the aerospace and defense industry and complementary industrial markets. Liberty Hall develops actionable investment strategies for attractive segments of the aerospace and defense industry and then partners with entrepreneurs and management teams to acquire leading businesses serving these segments and, together with them, develops sound, long-term strategic plans to build these businesses through a combination of strategic investments and strategic acquisitions. For more information, please visit http://www.libertyhallcapital.com/.

About Accurus Aerospace Corporation

Accurus Aerospace Corporation is a leading Tier II supplier of highly engineered machined parts, kits and assemblies and processing services to the global aerospace and defense industry focused on the highest value aircraft platforms. Accurus was formed in November 2013 to acquire the business of Precise Machining & Manufacturing, and then acquired McCann Aerospace Machining in March 2014, LaCroix Industries in July 2015, J&M Machine in May 2016 and ZTM Aerospace in July 2016. The company possesses highly complementary capabilities that allow Accurus to deliver its products to its customers with optimal cost, quality and delivery. Accurus is currently executing a strategic plan to build its business through strategic investments. For more information, please visit http://www.accurusaero.com/.

SOURCE Liberty Hall Capital Partners