Liberty Hall Capital Partners has appointed General John W. Handy and J. Rick Creed as operating advisers. General Handy is a four-star general who served in the United States Air Force from 1966 to 2005. Creed recently served as president and CEO of Weber Metals Inc.
CHARLESTON, S.C. and NEW YORK, Nov. 15, 2018 /PRNewswire/ — Liberty Hall Capital Partners (“Liberty Hall”), a private equity firm focused exclusively on investments in businesses serving the global aerospace and defense industry, announced today the appointments of General John W. Handy and J. Rick Creed as Operating Advisors. General Handy will join the board of Dunlop Aircraft Tyres, a leading independent global designer, manufacturer and retreader of aircraft tires, and will help Liberty Hall evaluate opportunities across the broader military segment of the aerospace industry. Mr. Creed will help Liberty Hall evaluate opportunities across the industry’s supply chain and support its broader portfolio, including Bromford Industries, Liberty Hall’s leading supplier of complex, close tolerance engine components, fabrications and assemblies and landing gear components for the global aerospace and power generation industries.
With these additions, Liberty Hall’s team has expanded to 22 members, including nine Operating Advisors.
“Since the formation of our firm, we have continued to invest in talent across our investment, operating and finance and administrative teams. Our aerospace and defense industry investment expertise is strengthened by our growing network of Operating Advisors and Liberty Hall is honored to have John and Rick join our firm,” said Rowan Taylor, Liberty Hall’s founding and Managing Partner. “Their military background and service, proven leadership and differentiated knowledge and experience will enable us expand our areas of investment focus and execute our strategic visions for our existing portfolio companies.”
General Handy brings to Liberty Hall over 50 years of experience within the aerospace and defense industry. A four-star general, he served in the United States Air Force from 1966 to 2005, where he logged more than 5,000 flying hours which included more than 300 combat hours in Southeast Asia. He was promoted to prestigious positions, including Vice Chief of Staff, Deputy Chief of Staff for Installations and Logistics and the Commander of both the U.S. Transportation Command along with Air Mobility Command during his time in service. While serving as Commander of Transportation Command, the Secretary of Defense honored him with the responsibility of being the Distribution Process Owner for the entire Department of Defense. General Handy has also served on the boards for several companies within the aerospace and defense and logistics industry.
J. Rick Creed has over 45 years of experience in the aerospace industry. He most recently served as President and CEO of Weber Metals, Inc., a leading supplier of aluminum and titanium forgings primarily for aerospace airframe and engine manufacturers. Mr. Creed also held previous leadership roles at Viking Metallurgical/Firth Rixson and the Wyman Gordon Company. A retired captain in the U.S. Army Reserves, Mr. Creed served in the Corps of Engineers and completed the Engineer Officer School in Fort Belvoir, VA.
“Liberty Hall is well positioned in the aerospace and defense industries and I am pleased to take on this role,” said General Handy. “I look forward to lending my expertise to the board of Dunlop Aircraft Tyres and working with the entire Liberty Hall team as we extend our investment focus deeper into the military aerospace industry.”
Mr. Creed added: “I am excited to join Liberty Hall as an Operating Advisor. There are an incredible number of investment opportunities within the broader aerospace and defense industry and Liberty Hall is strongly positioned to capture them.”
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 a 25-plus year history of working together and have led the investment of $2.5 billion in equity capital in businesses serving multiple segments of the aerospace and defense industry and complementary industrial end 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/.