StateSquare Capital appoints Steven Hodge and Bill Frake to support AIM’s international growth acceleration strategy. Steven and Bill bring deep electronic manufacturing services (“EMS”) expertise from leadership roles at one of the world’s largest EMS companies.
SINGAPORE / UNITED KINGDOM – 31 March 2026. Following StateSquare Capital’s (“StateSquare”) recent investment in AIM, the Board is pleased to announce the appointment of two senior EMS industry executives who will bring deep Aerospace & Defense sector expertise and a global institutional perspective to AIM’s next phase of growth:
- Steven Hodge (based in the United Kingdom) previously held senior operational, commercial, and financial leadership roles, including Chief Financial Officer and Chief Commercial Officer, at Jabil – one of the world’s largest EMS providers. His experience spans operational excellence, global supply chain management, and large-scale execution across complex industrial manufacturing environments.
- William (“Bill”) Frake (based in the United States) brings a distinguished career spanning more than two decades of service in the U.S. Navy before joining Jabil in North America, where he ultimately led the firm’s Aerospace & Defense (“A&D”) division. During his tenure, Bill grew the A&D business to approximately USD 300 million in revenue, led a team of more than 1,000 employees, and served leading A&D original equipment manufacturers (“OEMs”) and prime contractors globally, including Boeing, Raytheon, GE Aerospace, and Northrop Grumman. He also played a key role in expanding what was originally a single-site operation into a global platform delivering high-complexity, cost-competitive electronics and machining solutions across Southeast Asia and North America.
Florian Marquis, Managing Partner & CEO of StateSquare Capital, said:
“We partnered with the AIM team because of their entrepreneurial agility and the strong position AIM has established within the Southeast Asian A&D EMS landscape. Together with AIM’s leadership team, as well as Steven and Bill, we look forward to accelerating AIM’s next phase of growth. Our priorities include expanding the group’s manufacturing capabilities, broadening and deepening customer relationships, and pursuing strategic add-on acquisitions – with particular focus on opportunities in Europe and North America. Steven and Bill’s deep industry expertise and extensive global networks will be invaluable as we execute on these initiatives. In turn, we look to transform AIM from a regional leader into a global champion – a key strategic manufacturing partner to all its customers, continuing to deliver comprehensive, high-service solutions across regions globally.”
Steven Hodge commented: “I am delighted to be joining the Board of AIM and to be part of a company with such a proven track record of delivering advanced manufacturing solutions to leading organizations worldwide. AIM’s strong position in high-value sectors such as A&D provides an exceptional platform for the next stage of its evolution and continued global growth.
I look forward to working alongside the AIM and StateSquare Capital management teams to build on this momentum – accelerating growth, expanding our global customer base and capabilities, and unlocking new opportunities as the Company enters its next phase. I am confident we will continue to raise the bar in performance, deliver outstanding service to our customers, and drive sustained, long-term value.”
Bill Frake added: “I am excited to work with the StateSquare Capital and AIM teams as they continue to expand the Company’s manufacturing capabilities in service of the global A&D market. AIM has built a strong foundation, combining high-quality operations with a blue-chip customer base and a cost-competitive, scalable manufacturing footprint.
Against a backdrop of rising demand for high-reliability A&D manufacturing, as well as the attractive opportunities emerging from the current inflection point in the global A&D sector, AIM is a platform that is well positioned to capture the opportunities ahead. I am honored to support the Company in building a global, high-reliability manufacturing platform that delivers long-term value for its customers and stakeholders.”
About StateSquare Capital
StateSquare Capital is a Singapore-headquartered private equity firm with offices across Asia and Europe. The firm specializes in control investments focused on operational transformation and long-term value creation. StateSquare partners with niche leaders across global supply and service chains, spanning data and knowledge-based services, industrial technology, products, and healthcare. The firm targets mid-market opportunities, building industry leaders worldwide through organic growth acceleration and buy-and-build strategies.
For more information, please visit www.statesquarecapital.com
StateSquare Capital Contact
Florian Marquis
info@statesquarecapital.com
Investor Relations Contact
Redhill Asia
Lau Rong Zun
rong.zun@redhill.asia