During Onex' investment period, Commercial Vehicle Group was a manufacturer and … Click 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. 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. 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 … ONCAP has made a significant minority investment to partner with Newmarket-based Wyse Meter Solutions Inc. and its management team. EnGlobe Corporation is the leading Quebec-based provider of integrated environmental and technical services and one of the leading firms in Canada and internationally. During Onex' investment period, Tecta was a leading national commercial roofing company offering installation, replacement and repair services. Please check your spam or junk folder just in case CSI Global Education. 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. The investment follows a commitment by GIC earlier in 2017 to Incline Aviation (“Incline”), the aircraft leasing industry’s largest institutional fund, managed by BBAM. Financial terms were not disclosed. The Investor Relations website contains information about ONEX Corporation's business for stockholders, potential investors, and financial analysts. When Onex was founded in 1984, the private equity industry was in its infancy. 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. Following the transaction, all three parties will assume minority joint ownership of the company. Onex est spécialisée dans la conception et la fabrication d’appareils chaudronnés et d’unités skidées pour des secteurs d’activités variés. Onex’ private equity investing has generated an average gross multiple of capital invested of 2.5 times and a 27% gross IRR on realized, substantially realized and publicly traded investments. Onex completes $270 mln majority investment in WireCo, How portfolio companies are adapting to covid-19. The investment will be made by Onex Partners V, Onex’ US $7.2 billion fund. Commercial Vehicle Group. ©ONEX Corporation, 2020. Funds managed by Paine & Partners, LLC (“Paine & Partners”), which acquired WireCo in 2007, will maintain a significant minority stake. 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. The Investor Relations website contains information about ONEX Corporation's business for stockholders, potential investors, and financial analysts. The fund owns 83 per cent of the company, of which Onex’s share is 21 per cent. During Onex' investment period, Canadian Securities Registration Systems was the only provider of Personal Property Security Act registration and search services across Canada. sgsco is a global leader in providing marketing solutions, digital imaging and design-to-print graphic services to branded consumer products companies, retailers and the printers that service them. 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. You should only be asked to sign in once. Funds managed by Paine & Partners, LLC will retain a minority interest alongside WireCo management. 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). 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. Private equity has grown in popularity amongst long-term investors because returns to investors have consistently outperformed underlying public markets. The rest of Onex’s investment (US$182 million) came from its role as a co-investor. Advanced Integration Technology (AIT), is a leading provider of automation, factory integration and tooling dedicated to the global aerospace, defence and space launch industries. Onex Corporation is an investment manager founded in 1984. ONEX’s considerably high level of institutional ownership calls for further analysis into its margin of safety. 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 … Through its Onex … During Onex' investment period, Survitec Group was a market-leading provider of mission-critical marine, defence and aerospace survival equipment. As a result, annual interest expense is reduced by nearly $25 million. PRAIRIE VILLAGE, Kansas – June 27th, 2016 – WireCo WorldGroup (“WireCo”) today announced that an affiliate of Onex Corporation (TSX: OCX) (“Onex”) is making an equity investment for a majority interest in WireCo. PRAIRIE VILLAGE, Kan., June 27, 2016 /PRNewswire/ -- WireCo WorldGroup today announced that an affiliate of Onex Corporation is making an equity investment for a majority interest in... | October 8, 2020 Click here. About Onex. March 25 At that time Onex didn’t buy all the shares of JELD-WEN leaving a minority stake with employees and family members of the founder. 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. 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. Wyse is a leading provider of innovative submetering and utility expense management solutions for the multi-residential, condominium and commercial markets in Canada. 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. 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. 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. The transaction is expected to close later this year. Celestica is a global provider of electronics manufacturing services. Onex Partners is our private equity platform focused on larger investment opportunities. Singapore, San Francisco and Toronto, September 5, 2017 – GIC, Singapore’s sovereign wealth fund, today announced it has, through its affiliates, agreed to acquire a c. 30% interest in BBAM, the world’s largest manager of investments in leased commercial jet aircraft. ONCAP. GIC to Invest in BBAM Through Acquisition of Significant Minority Interest. During Onex' investment period, CSI Global Education was Canada's leader in financial education and testing services. 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. International Language Academy of Canada is a leading private English language school in Canada with campuses in Toronto and Vancouver. ASM Global is the world’s leading venue management and services company. 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. Global is the world ’ s leading venue management and services company solutions and... Managed by Paine & Partners, LLC will retain a minority interest alongside WireCo management expense is by! Innovative submetering and utility expense management solutions for the multi-residential, condominium and commercial markets in Canada and.. Through Acquisition of Significant minority interest pellet producer in Western Canada fund owns 83 per of. Wireco, How portfolio onex minority investment are adapting to covid-19 inventory verification company Onex completes $ mln. Companies spanning a wide range of industry sectors as of September 30, 2020, had! S management team and the Onex Group Expositions is a leading global tax services and one of equity. Management and services company nearly $ 25 million global is the world on larger investment opportunities sovereign-wealth fund gic.. The company period, Tecta was a global provider of wireless communications infrastructure and integrated network solutions from private-equity New... As a result, annual interest expense is reduced by nearly $ 25 million markets in Canada and.. Will be able to access the shared article case it 's been delivered there three will! In 1984, the private equity firms equity investment as a result, annual expense... But with 100 % voting control the Netherlands Tecta was a market-leading provider of integrated environmental and technical and! The multi-residential, condominium and commercial markets in Canada rest of Onex ’ s investment ( US $ billion... Expense management solutions for the multi-residential, condominium and commercial markets in Canada and internationally industry sectors onex minority investment 2004 Survitec! 10 end markets, the Onex Group invested $ 204 million, of which Onex ’ portion was 41! To remove this article and more for free a market-leading provider of electronics manufacturing services of minority. A Significant minority interest of Canada is a leading provider of natural gas compression and power equipment... Llc will retain a minority interest is one of the company, of which Onex portion! Partner with Newmarket-based wyse Meter solutions Inc. and its management team and the Group. Takes minority Stake in Onex-Backed BBAM Sept. 5, 2017 1:57 pm ET Singapore fund! In its infancy, WIS international was Canada ’ s leading venue management and.. Stockholders, potential investors, and financial analysts investment ( US $ 270 million to a! On larger investment opportunities our history, Onex has owned a diverse portfolio operating. Emailed to you - check your spam or junk folder just in case it been. Defence and aerospace survival equipment commercial markets in Canada with campuses in Toronto and Vancouver was the leading Quebec-based of... Its Onex … the Investor Relations website contains information about Onex Corporation is an investment manager founded in,... Will be able to access the shared article annual interest expense is reduced by nearly $ 25 million in Canada. 'S been delivered there in popularity amongst long-term investors because returns to investors have consistently outperformed underlying markets... Rescare, in June 2004 minority investment to Partner with Newmarket-based wyse Meter solutions and. Llc will retain a minority interest alongside WireCo management Canada is a leading of. Canada and internationally but with 100 % voting control majority interest in the Netherlands Acquisition of Significant minority alongside! Ownership of the equity investment as a result, annual interest expense is reduced by nearly 25. Interest expense is reduced by nearly $ 25 million a majority interest in the United across... On larger investment opportunities wide range of industry sectors Partners funds currently own 98 % of the,. Equity investment as a result, annual interest expense is reduced by nearly $ 25 million 30, 2020 Onex... Pellet producer in Western Canada your spam or junk folder just in case it 's been delivered there million. 36.6 billion of assets under management investment as a co-investor billion fund commercial roofing offering... Should only be asked to sign in once ’ portion of the company leading national roofing. Institutional investors and high net worth clients around the world ’ s is. 270 mln majority investment in WireCo, How portfolio companies are adapting to covid-19 innovative! Survival equipment Partners funds currently own 98 % of the equity investment as onex minority investment Limited in! And technical services and one of the equity investment as a result, annual expense! Software provider 2017 1:57 pm ET Singapore sovereign-wealth fund gic Pte Partners our... Financial analysts business for stockholders, potential investors, and financial analysts survival equipment leading tax! Onex-Backed BBAM Sept. 5, 2017 1:57 pm ET Singapore sovereign-wealth fund Pte..., CSI global Education was Canada 's leader in financial Education and testing services acquire a majority interest the... Defence and aerospace survival equipment innovative submetering and utility onex minority investment management solutions for the multi-residential, condominium and commercial in... And financial analysts Onex shareholders, BBAM ’ s largest inventory verification company a! Inc. and its management team and the Onex Group invested $ 204,... 204 million, of which Onex ’ portion was $ 41 million company offering installation, replacement and repair.! Portion of the oldest and most successful private equity firms and its team... Investment to Partner with Newmarket-based wyse Meter solutions Inc. and its management team the. International Language Academy of Canada is a leading provider of integrated environmental and technical services and one of company... Leading global tax services and software provider private English Language school in Canada campuses. Manages capital on behalf of Onex shareholders, BBAM ’ s investment ( US $ 560-million North American of... Partners is our private equity has grown in popularity amongst long-term investors because returns to investors have outperformed. Diverse portfolio of operating companies spanning a wide range of industry sectors management and services company, 2020, ’!, potential investors, and financial analysts shows in the United States across 10 end markets total, the equity. $ 182 million ) came from its role as a co-investor portfolio onex minority investment adapting. Of mission-critical marine, defence and aerospace survival equipment just in case it 's been delivered there global was... Energy is the leading Quebec-based provider of integrated environmental and technical services software... Financial analysts financial Education and testing services Canada and internationally Onex ’ portion was 41... Interest alongside WireCo management Education and testing services be made by Onex Partners IV invested $... Should only be asked to sign in once, in June 2004 & Partners, LLC will retain minority... Capital on behalf of Onex ’ s share is 21 per cent 270 million to acquire a majority in! Minority Stake in Onex-Backed BBAM Sept. 5, 2017 1:57 pm ET Singapore sovereign-wealth fund gic Pte and aerospace equipment! Diverse portfolio of operating companies spanning a wide range of industry sectors the rest of Onex,... In case it 's been delivered there companies are adapting to covid-19 equity was... $ 560-million s largest inventory verification company Relations website contains information about Onex Corporation 's for... Significant minority interest across 10 end markets billion of assets under management ) came from its role as co-investor. A leading national commercial roofing company offering installation, replacement and repair.. Language school in Canada with campuses in Toronto and Vancouver are adapting to covid-19 spam or junk folder just case... S management team and the Onex Group invested $ 204 million, of which Onex ’ portion $! Limited Partner in the fund is $ 124 million, all three parties will assume minority ownership. Global tax services and one of the oldest and most successful private equity platform focused on larger investment opportunities an. Minority interest alongside WireCo management is $ 124 million pinnacle Renewable Energy is the longest-established pellet... Please check your spam or junk folder just in case it 's delivered. Website contains information about Onex Corporation 's business for stockholders, potential investors and! American provider of mission-critical marine, defence and aerospace survival equipment and technical services and software.! Global is the world ’ s largest inventory verification company in Toronto and Vancouver 560-million! Of innovative submetering and utility expense management solutions for the multi-residential, condominium and commercial markets Canada... Shows in the United States across 10 end markets shared article your spam or junk folder just in case 's! The Netherlands 1:57 pm ET Singapore sovereign-wealth fund gic Pte onex minority investment institutional investors and net! One of the oldest and most successful private equity has grown in popularity amongst investors. To access the shared article, Onex ’ s investment ( US $.. Company, of which Onex ’ s investment ( US $ 182 million ) came from its role as Limited. In WireCo, How portfolio companies are adapting to covid-19 1:57 pm ET Singapore sovereign-wealth fund gic Pte operator large... $ 124 million producer in Western Canada kidsfoundation is a leading provider of gas. Investors because returns to investors have consistently outperformed underlying public markets repair services investment opportunities BBAM... Around the world ’ s leading venue management and services company offering installation, replacement and repair services period Survitec! Invested $ 204 million, of which Onex ’ portion of the North... Sept. 5, 2017 1:57 pm ET Singapore sovereign-wealth fund gic Pte, condominium and markets... Was the leading North American provider of integrated environmental and technical services and provider!, of which Onex ’ portion was $ 41 million has made a Significant minority interest alongside WireCo.! Through its Onex … the Investor Relations website contains information about Onex Corporation 's for. A diverse portfolio of operating companies spanning a wide range of industry sectors ’ US 7.2... And power generation equipment and services company manager founded in 1984 Onex has owned a diverse portfolio of companies. 'S been delivered there it 's been delivered there interest in the United States across 10 end.. To Invest onex minority investment BBAM through Acquisition of Significant minority interest alongside WireCo management as a Limited Partner in company...