DLA Piper has advised Graphite Capital, a leading mid-market private equity specialist, on the provision of development capital to Aero Technics, a civil aircraft maintenance business focusing on cabin services, to acquire Airbase Interiors, which specialises in the repair and dry cleaning of aircraft seats.

The acquisition of Airbase supports Aero Technics' strategy of building a group of businesses focused on aircraft servicing with significant growth opportunities in both the UK and internationally. Aero Technics will continue to focus initially on cabin maintenance services, and in particular seats.

DLA Piper UK Head of Private Equity, David Raff, commented: "We are delighted to have assisted Graphite Capital in a deal that serves as a stepping stone for Aero Technics as it seeks to expand and develop its business."

Legal director, Ciaran Stone led on the acquisition whilst partner David Raff led on the development capital deal working together with senior associate John Pryor.