Paxia: Joining the Liberty Hall Platform
Deal News | Jul 10, 2025 | PR Newswire Cision Liberty Hall Capital Partners
Liberty Hall Capital Partners, a private equity firm specializing in aerospace and defense investments, has acquired Paxia, Inc., a leading SaaS provider of onboard services and catering management for global airlines. The acquisition marks Liberty Hall's 22nd acquisition and its seventh investment in the SaaS sector. Paxia, known for its deep expertise and strong market presence, will continue to be headed by its current management team. The transaction aligns with Liberty Hall's strategy to enhance digital transformation within the aviation industry. Financial terms and transaction details remain undisclosed. Houlihan Lokey advised Liberty Hall on financial matters, with Gibson, Dunn & Crutcher LLP and O'Melveny & Myers LLP providing legal counsel for the buyer and seller, respectively.
Sectors
- Aerospace & Defense
- Software & IT Services
- Private Equity & Investment
Geography
- United States – Liberty Hall is based in Charleston, South Carolina, while Paxia is headquartered in Herndon, Virginia, both in the U.S.
Industry
- Aerospace & Defense – Liberty Hall focuses exclusively on investments within the aerospace and defense sectors, as evidenced by their acquisition of Paxia.
- Software & IT Services – Paxia provides SaaS-based solutions for airline catering and onboard services, aligning with digital transformation in aviation.
- Private Equity & Investment – Liberty Hall operates within this industry as they acquire and manage businesses like Paxia to expand their investment portfolio.
Financials
- $3.0 billion – Total equity capital invested by Liberty Hall in over 30 businesses in the aerospace and defense industry.
- $1.2 billion – Equity capital invested by Liberty Hall in over 20 businesses since its formation in 2011.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Liberty Hall Capital Partners | Acquiring Company | Company | A private equity firm focused on the aerospace and defense industry, responsible for acquiring Paxia. |
| Paxia, Inc. | Target Company | Company | A leading global provider of SaaS solutions for airline onboard services and catering management. |
| TELEO Capital | Selling Company | Company | The previous majority owner of Paxia, retaining a minority interest post-transaction. |
| Rowan Taylor | Managing Partner, Liberty Hall | Person | Founding and Managing Partner of Liberty Hall Capital Partners, overseeing the acquisition. |
| James Black | Partner, Liberty Hall | Person | Partner at Liberty Hall Capital Partners, involved in the strategic acquisition of Paxia. |
| Rodney Duty | CEO, Paxia | Person | Current CEO of Paxia, continuing to lead the company post-acquisition. |
| Houlihan Lokey | Financial Advisor | Company | Served as financial advisor to Liberty Hall in the transaction. |
| Gibson, Dunn & Crutcher LLP | Legal Advisor to Liberty Hall | Company | Provided legal counsel to Liberty Hall. |
| O'Melveny & Myers LLP | Legal Advisor to Seller | Company | Provided legal counsel to TELEO Capital, the seller. |
| FTI Consulting | PR Advisor | Company | Responsible for public relations communication for Liberty Hall. |