New York’s Paul Weiss Rifkind Wharton & Garrison has teamed up with Macfarlanes to advise private equity group Oak Hill Capital Partners on a £945m agreement to acquire aerospace parts company Firth Rixson, one of the largest private equity deals to be completed since the summer’s credit turmoil.

Paul Weiss’ team was led by London M&A partners David Lakhdhir and Tarun Stewart, alongside New York finance partner Eric Goodison and tax specialist David Sicular.