AGIC Capital completed the acquisition of Farsound.

AGIC Capital, a private equity firm, completed the acquisition of a majority stake in Farsound, a supply chain technology supplier at total enterprise value of $144m, from Rubicon Partners, a hands-on investment partnership focused on the acquisition of industrial businesses. “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,” Kevin Sargent, Farsound Aviation Executive Chairman.