Farsound Aviation has been acquired by private equity firm AGIC Capital, for an undisclosed sum.
The acquisition means that Farsound Aviation will now have new resources and capabilities to continue developing and growing its supply chain.
Kevin Sargent, executive chairman of Farsound Aviation, commented: “I am very excited by this new phase in our development. Farsound has come a very long way in the past five years and I am very confident that with the support and backing of the AGIC team, we will continue that rapid growth. I very much look forward to working with the AGIC team to further enhance Farsound’s position in the market.”