Onex Corporation to Acquire Farsound, a Leading Aerospace Supply Chain Solutions Provider

Onex Corporation announced that its Onex Partners Opportunities Fund has agreed to acquire Farsound, a prominent global provider of supply chain solutions for the aerospace engine maintenance, repair, and overhaul (MRO) market. The investment, made in partnership with Farsound's management team led by CEO Chris Knott, marks a significant step in Farsound's growth journey. Financial terms of the deal were not disclosed.?

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Headquartered in Brentwood, England, Farsound specialises in the procurement, supply, and inventory management of high-volume consumable hardware components essential for aerospace engine overhauls. The company acts as a strategic partner to leading engine MRO providers, supporting key commercial engine platforms. Farsound's market-leading supply chain management and value-added services are designed to enhance operational efficiency and reduce engine turnaround times for its customers. The company operates out of four facilities located in the UK, the U.S., Canada, and Spain.?

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"We are thrilled to partner with Onex for Farsound’s next phase of growth," said Chris Knott, CEO of Farsound. "Onex shares our vision for the future of the business, and we have been impressed by their experience and proven track record in helping companies achieve their growth ambitions. We look forward to working together to amplify Farsound’s growth opportunities through this partnership."?

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Faiz Hemani, Managing Director at Onex Partners, added, "We are delighted to invest in Farsound and partner with Chris Knott and his team to drive the next phase of the company's growth. Leveraging our extensive aviation and aerospace networks, we are confident in our ability to support Farsound across its customer landscape."?

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This investment aligns with Onex Partners’ successful history in the aviation and aerospace sectors and their focus on businesses with differentiated value propositions in rapidly growing markets.?

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The transaction is expected to close later this year, pending customary closing conditions and regulatory approvals.?

This investment builds on Onex Partners’ successful track record in the aviation and aerospace sectors, aligning with Brookfield Aviation International’s ongoing efforts to support innovation and efficiency within the industry. The transaction is expected to close later this year, pending customary closing conditions and regulatory approvals.?