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Announced

Completed

Liberty Hall Capital Partners completed the acquisition of Paxia from Teleo Capital.

Synopsis

Liberty Hall Capital Partners, a private equity firm, completed the acquisition of Paxia, a company focused on cloud-based airline catering management solutions, from TELEO Capital, a private equity firm. Financial terms were not disclosed. "Over its nearly twenty-five year history, Paxia has grown into a leading global provider of onboard software services through product innovation and operational excellence. We are excited to partner with management and provide Paxia the resources to build upon its differentiated product offering and track record of disruption within its market segment and accelerate the introduction of new products and technologies to deliver greater value to its customers," James Black, Liberty Hall Partner.

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