Onex Partners to acquire aircraft parts supplier Farsound

Private equity firm Onex Partners Opportunities Fund – a part of the Onex Corporation – has agreed to acquire aircraft parts supplier Farsound for an undisclosed amount. The company is a global supply chain solutions provider for the aerospace engine MRO market, focused on the procurement, supply, and inventory management of high-volume consumable hardware components. Farsound was sold by European-Asian private equity investment firm AGIC Capital. “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,” said AGIC managing director Ben Mitchell. “The