Click TORONTO, Nov. 16, 2020 (GLOBE NEWSWIRE) -- Onex Corporation (“Onex”) (TSX: ONEX) and its affiliated funds (the “Onex Group”) today announced it has completed a majority investment … During Onex' investment period, Compagnie Générale de Géophysique was a leading global supplier of applied reservoir solutions, geophysical services and products to the oil and gas industry. During Onex' investment period, Armtec Limited was a leading provider of steel and high-density polyethylene products and engineered solutions for the Canadian civil engineering industry. March 29, 2019 TowerBrook Capital Partners L.P. (“TowerBrook”) is pleased to announce that it has acquired a minority interest in GBA Group (“GBA” or “the Company”), a provider of end-to-end vehicle logistics services to the global automotive and shipping industries. Investment Date January 2006 - November 2010. The rest of Onex’s investment (US$182 million) came from its role as a co-investor. Onex Partners IV invested US$270 million to acquire a majority interest in the company. Through its Onex … During Onex' investment period, Radian Communication Services was the leading North American provider of wireless communications infrastructure and integrated network solutions. In June 2004, Onex made an initial minority investment in BrightSpring (formerly ResCare) through Onex Partners I and, in November 2010, invested additional capital through Onex Partners III to acquire a majority stake in a take-private transaction. This will enable shareholders to comfortably invest in the company while avoid getting trapped in a sustained sell-off that is often observed in stocks with this level of institutional participation. During Onex' investment period, Canadian Securities Registration Systems was the only provider of Personal Property Security Act registration and search services across Canada. As of September 30, 2020, Onex had approximately US$36.6 billion of assets under management. La fiabilité et la performance de ses productions, ont permis à Onex de gagner la confiance de ses clients sur l’ensemble du territoire national et international. Canadian private equity firm Onex Corporation has agreed to acquire London-based specialist health and social care staffing provider Independent Clinical Services Group (ICS) in partnership with the existing management team from TowerBrook Capital Partners LP. Wyse is a leading provider of innovative submetering and utility expense management solutions for the multi-residential, condominium and commercial markets in Canada. During Onex' investment period, Survitec Group was a market-leading provider of mission-critical marine, defence and aerospace survival equipment. At Onex Partners, we principally target investment opportunities in the United States, Canada and Europe that require $200 million or more of initial equity capital. Funds managed by Paine & Partners, LLC will retain a minority interest alongside WireCo management. The transaction is expected to close later this year. Onex Corporation (TSX: ONEX) has agreed to acquire Independent Clinical Services Group Ltd. (ICS) in partnership with the existing management team from TowerBrook Capital Partners LP which will retain a minority stake. PowerSchool provides best-in-class, secure and compliant online education solutions, which include the industry’s leading student information system and school finance, HR and payroll solutions. During Onex' investment period, Commercial Vehicle Group was a manufacturer and … All rights reserved. During Onex' investment period, CMC Electronics Holdings was a world-class leader in the design, manufacture, sale and support of high-technology electronic products and systems for the military and commercial aviation markets. The firm manages capital on behalf of Onex shareholders, institutional investors and high net worth clients around the world. Toronto and Newmarket, Ontario, November 7, 2018 – ONCAP today announced it has made a significant minority investment to partner with Wyse Meter Solutions Inc. (“Wyse”) and its management team. Clarivate Analytics is an owner and operator of a collection of leading subscription-based businesses focused on scientific and academic research, patent analytics and regulatory standards, pharmaceutical and biotech intelligence, trademark protection and domain brand protection. Don't have an account? ONCAP has made a significant minority investment to partner with Newmarket-based Wyse Meter Solutions Inc. and its management team. Financial terms were not disclosed. The fund owns 83 per cent of the company, of which Onex’s share is 21 per cent. Please confirm you would like to remove this article from your saved articles. EnGlobe Corporation is the leading Quebec-based provider of integrated environmental and technical services and one of the leading firms in Canada and internationally. Wyse Meter Solutions is a leading provider of innovative submetering and utility expense management solutions for the multi-residential, condominium and commercial markets in Canada. Onex through Onex Partners I made an initial minority investment in BrightSpring, formerly ResCare, in June 2004. Redirecting to ONEX Corporation Corporate Site. ONCAP. The $270 million equity investment from Onex was used to reduce WireCo’s debt from approximately $835 million as of June 30, 2016 to approximately $600 million. OneX USA is proud to be taking another step toward helping the motorcycle racing community and are now partnering with WERA Motorcycle Roadracing as a … All amounts in U.S. dollars unless otherwise stated ... | December 28, 2020 Onex Partners funds currently own 98% of the company but with 100% voting control. Only logged in subscribers of this site will be able to access the shared article. As a result, annual interest expense is reduced by nearly $25 million. International Language Academy of Canada is a leading private English language school in Canada with campuses in Toronto and Vancouver. Not the case? Enertech is a leading provider of wireless infrastructure services to telecommunications carriers and tower owners throughout the Southern, Central and Pacific Northwest regions of the United States. Click here. Onex’ portion of the equity investment as a Limited Partner in the Fund is $124 million. In November 2010, Onex Partners III together with Onex Partners I acquired a majority stake in a take-private transaction valued at US $380 million (all figures in US dollars). Funds managed by Paine & Partners, LLC (“Paine & Partners”), which acquired WireCo in 2007, will maintain a significant minority stake. Celestica is a global provider of electronics manufacturing services. ©ONEX Corporation, 2020. Onex completes $270 mln majority investment in WireCo, How portfolio companies are adapting to covid-19. TowerBrook announces investment in GBA Group. In June 2004, Onex Partners I made an initial minority investment in BrightSpring (formerly ResCare) and in November 2010, Onex Partners III invested additional capital … During Onex' investment period, WIS International was Canada’s largest inventory verification company. Onex is buying OneDigital from private-equity firm New Mountain Capital LLC, which acquired the business in 2017 for US$560-million. When Onex was founded in 1984, the private equity industry was in its infancy. shareholders, BBAM’s management team and the Onex Group. You should only be asked to sign in once. Advanced Integration Technology (AIT), is a leading provider of automation, factory integration and tooling dedicated to the global aerospace, defence and space launch industries. GIC Takes Minority Stake in Onex-Backed BBAM Sept. 5, 2017 1:57 pm ET Singapore sovereign-wealth fund GIC Pte. In June 2004, Onex Partners I made an initial minority investment in BrightSpring (formerly ResCare) and in November 2010, Onex Partners III invested additional capital to acquire a majority stake in a take-private transaction. Onex's asset value, by the way, which is deemed to be in the vicinity of $23 to $24 a share, also includes around $5 a share of private investments. GIC to Invest in BBAM Through Acquisition of Significant Minority Interest. Ryan is a leading global tax services and software provider. it's been delivered there. 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