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Latham Advises Tiger Infrastructure Partners on Fund III Sale of IAC

May 15, 2026
A multidisciplinary team advised the private equity firm on the sale of its Fund III investment in the aviation services provider.

Tiger Infrastructure Partners has announced the sale of its Fund III investment in International Aerospace Coatings (IAC), a market-leading aviation services provider that operates a global portfolio of 25 on-airport hangars underpinned by long-term concessions. Through these purpose-built owned or controlled hangars, IAC primarily specializes in aircraft painting for aircraft manufacturers, commercial airlines, leasing companies, air cargo carriers, governments, and other owners of wide- and narrow-body aircraft.

Latham & Watkins LLP represented Tiger Infrastructure Partners in the transaction with a corporate team led by Houston partner Lauren Anderson, with associates John Daywalt, Vera Bespalova, Patrick Donlon, Josh Horn, and Graham Core and with further assistance provided by Houston partner Ashley Nguyen, with associate Sam Spiers. Advice was also provided on finance matters by New York partner Warren Lilien, London partner Amanda Fortuna, and Los Angeles counsel Jonathan Shih, with associates Will Davidson, Tony He,* and Ashwyn Aulak; on tax matters by New York partner Aaron Bernstein, with associate Arash Lotfi; on employment and benefits matters by Washington, D.C. partner David Della Rocca, counsel Laura Szarmach, and with associate Rebecca Fishbein; on intellectual property matters by associate Andrew Abokhair; on environmental matters by Los Angeles/Houston partner Joshua Marnitz, with associate Brian McCall; on labor and employment matters by New York partner Sandra Benjamin, with associates Jenny Bobbitt and Elizabeth Gemdjian; on data privacy matters by Houston partner Robert Brown, with associate Stuart Cobb; on real estate matters by New York partner Dara Denberg, with associate Michael Nieberg; on US antitrust matters by Washington, D.C. partner Jason D. Cruise and New York partner Kyra K. Bromley, with associates Karen Keun-Yong Kim and Jean Hyun; and on ex-US antitrust matters by Hamburg partner Jana K. Dammann de Chapto and Brussels counsel Wesley Lepla, with associates Luca Feltrin and Enno Mensching.

*Admitted to practice in Australia only. 

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