Farsound Has Agreed to be Acquired by Onex

William Blair, in conjunction with its Asian affiliate, BDA Partners, acted as exclusive financial advisors to Farsound Aviation Limited (Farsound), a portfolio company of AGIC Capital (AGIC), in connection with its pending sale to Onex Partners Opportunities Fund (Onex). The transaction was signed on August 28, 2024, and is expected to close later this year.

About the Companies

Farsound 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 is based in Brentwood, UK, with additional facilities in Ontario (Canada), San Antonio (U.S.) and Madrid (Spain).

Founded in 2015, AGIC is a European-Asian fund focused on investments in advanced industrial and healthcare technology companies and has more than US$ 2.2 billion of assets under management. It targets buyout and growth-stage investment in small- and medium-sized companies and employs customized, hands-on approaches to guiding and supporting portfolio companies in developing and executing market penetration plans. AGIC has offices in Munich, London, Paris, Hong Kong, Shanghai, and Beijing.

Onex invests and manages capital on behalf of its shareholders and clients across the globe. Formed in 1984, Onex has a long track record of creating value for clients and shareholders. Onex's investors include a broad range of global clients, including public and private pension plans, sovereign wealth funds, insurance companies, family offices and high-net-worth individuals. In total, Onex has $49 billion in assets under management, of which $8.5 billion is Onex' own investing capital. With offices in Toronto, New York, New Jersey and London, Onex and its experienced management teams are collectively the largest investors across Onex' platforms.

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