Liberty Hall Capital Partners, an aerospace and defense-focused private equity firm, is acquiring Ferra Holdings Limited by Accurus Aerospace Corp., a supplier of structural parts and electromechanical services for the aerospace industry. Financial terms of the transaction were not announced.

Ferra is based in Brisbane, Australia, and provides engineered components and assemblies for both military and commercial aerospace markets. The firm’s largest customers are The Boeing Company and Lockheed Martin. The firm’s current management team will remain in their roles after the closing of the deal.

Managing director of Ferra Aaron Thompson said, “We look forward to leveraging Accurus’s resources, relationships and manufacturing excellence to continue to expand sovereign supply chain capability within Australia, better serve our strategic partners, including the Australian Department of Defense, and further penetrate the military aerospace and space end markets.”

Lazard acted as financial advisor and equity placement agent to Liberty Hall and Accurus. Equity financing was provided by Oaktree Capital Management L.P. and Northleaf Capital Partners. Legal advising was provided to Liberty Hall and Accurus by Gibson Dunn & Crutcher, Minter Ellison and Schulte Roth & Zabel.

Friday Capital acted as financial advisor to Ferra. Legal advice was provided to Ferra by Corrs Chambers Westgarth, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C. and Osborne Clarke.