Transacciones

Liberty Corporate Finance is delighted to announce they have advised the management team of Farsound on their acquisition by Onex Partners from their existing majority shareholders AGIC Capital. Farsound is a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul (“MRO”) market. 

Headquartered in Brentwood, England, Farsound is focused on the procurement, supply, and inventory management of high-volume consumable hardware components for aerospace engine overhauls. The Company acts as a strategic partner to leading engine MRO providers, supporting key commercial engine platforms. Farsound enhances operational efficiency and engine turnaround times for its customers with its market-leading supply chain management and value-added services. Farsound operates out of four facilities in the UK, U.S., Canada, and Spain.

This investment builds on Onex Partners’ successful long-term track record in the aviation and aerospace sectors and investing in businesses with differentiated value propositions in structurally growing end-markets.

The investment has been made in partnership with Farsound’s management team, led by Chief Executive Officer Chris Knott. The transaction is expected to close later this year, subject to customary closing conditions and regulatory approvals. Financial terms were not disclosed.

Liberty advised Chief Executive Officer Chris Knott, Chairman Kevin Sargent and the management team on the terms of the transaction.