BDA and William Blair Advise Farsound On Acquisition by Onex

BDA and William Blair Advise Farsound on Acquisition by Onex
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 the exclusive financial advisors to AGIC, and K&L Gates served as
Legal Advisor.
AGIC is a European-Asian fund focused on investments in the advanced industrial and healthcare
technology sectors.
BDA Deal team

Euan Rellie, Managing Partner, Head of Consumer & Retail, New York
Jonathan Aiken, CFA, Partner, Head of London
Anthony Siu, Partner, Head of Shanghai
Mark Webster, Partner, Head of Singapore, Head of Services
Ruari Sinclair, Director, London
About Farsound
Farsound Aviation Limited 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 headquartered in Brentwood, UK, with additional facilities in
Ontario (Canada), San Antonio (US) and Madrid (Spain). www.farsound.com
About AGIC
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Founded in 2015, AGIC is a European-Asian fund focused on investments in advanced industrial and
healthcare technology companies that has more than US$2.2bn 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.
www.agic-group.com
About Onex
Onex invests and manages capital on behalf of its shareholders and clients across the globe. Formed in
1984, they have a long track record of creating value for their clients and shareholders. Their 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 US$49bn in
assets under management, of which US$8.5bn is Onex’s 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’s platforms. www.onex.com
About BDA Partners

BDA Partners is the global investment banking advisor for Asia. We are a premium provider of
Asia-related advice to sophisticated clients globally, with over 25 years’ experience advising on
cross-border M&A, capital raising and financial restructuring. We provide global reach with our teams in
New York and London, and true regional depth through our seven Asian offices in Mumbai, Singapore,
Ho Chi Minh City, Hong Kong, Shanghai, Seoul and Tokyo. BDA has deep expertise in the Chemicals,
Consumer & Retail, Health, Industrials, Services, Sustainability and Technology sectors. We work
relentlessly to earn our clients’ trust by delivering insightful advice and outstanding outcomes.
BDA Partners has strategic partnerships with William Blair, a premier global investment banking
business, and with DBJ (Development Bank of Japan), a Japanese Government-owned bank with
US$150bn of assets.
US securities transactions are performed by BDA Partners’ affiliate, BDA Advisors Inc, a broker-dealer
registered with the Securities and Exchange Commission (SEC). BDA Advisors Inc is a member of the
Financial Industry Regulatory Authority (FINRA) and SIPC. In the UK, BDA Partners is authorized and
regulated by the Financial Conduct Authority (FCA). In Hong Kong, BDA Partners (HK) Ltd is licensed
and regulated by the Securities & Futures Commission (SFC) to conduct Type 1 and Type 4 regulated
activities to professional investors. www.bdapartners.com
Page 2 of 3
Contact Information:
BDA Partners
Euan Rellie
212-265-5300
Contact via Email
www.bdapartners.com
Online Version of Press Release:

https://www.pr.com/press-release/919244
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