New York, NY August 30, 2024 --(PR.com)-- BDA is pleased to announce that, alongside partner William Blair, it has advised Farsound Aviation Limited, a portfolio company of AGIC Capital, on the pending sale to Onex Partners Opportunities Fund.
Farsound, headquartered in Brentwood, UK, is a leading global supply chain solutions provider, focused on the procurement, supply and inventory management of high-volume consumable hardware components for aerospace engine overhauls. Farsound serves a global customer base from facilities and offices in the UK, Canada, Spain, China, Singapore and Japan, with a significant investment being made into a newly established facility in the US. The company acts as a strategic partner to leading engine MRO providers, supporting key commercial engine platforms.
Chris Knott, CEO of Farsound, said, “The development of our company over the past years has been notable. AGIC has been an excellent partner, supporting our expansion and diversification. We look forward to collaborating with our new equity partner, Onex.”
Ben Mitchell, Managing Director of AGIC, said, “Since 2019, we have worked closely with Farsound’s management team to expand and diversify the business’ engine coverage, customer base, and international footprint, particularly in the US. Against the backdrop of the Covid pandemic and subsequent recovery in air travel, our collaboration has supported Farsound in providing a significantly enhanced service to its customers and a more global and expanded business.”
William Blair and BDA acted as ...
