Sale of Farsound Aviation

July 2019

Rubicon Partners is pleased to announce the sale of Farsound Aviation (“Farsound” or “the Company”) to AGIC Capital, the European-Asian Private Equity fund, for an undisclosed amount.

Farsound, founded in 1986, is a leading global supply chain solutions provider, focused on managing fast moving, C-class and B-class aero-engine parts for aerospace MRO facilities overhauling commercial aero-engines. Farsound manages the procurement and supply of C-class and B-class parts for an increasingly complex and diverse global network of over 300 suppliers, 20,000 part numbers and 120 customers.

Rubicon acquired Farsound from the founding family in 2011. Over eight years of its ownership, Rubicon has supported the business in its investment requirements and in the development of its strategy, sustaining a focus on the aviation MRO sector worldwide, to the benefit of all stakeholders. As a result, the Company, headquartered in Romford, United Kingdom, now has a global footprint, with a presence across Asia, the Middle East, Europe and North America.

Rubicon Partners is an investment partnership focused on acquiring complex industrial businesses across the UK and Europe. Over the past 26 years the firm has acquired 74 industrial manufacturing, distribution and service companies, ranging in value from GBP 15m to GBP 250m.

Rubicon focuses on opportunities for long-term value creation through working closely with company management in addressing strategic opportunities and operational performance. The firm has extensive experience in acquiring from private family ownership, retiring owner managers, corporations and private equity funds.