Onex Partners V Acquires Tes Global from Providence Equity Partners

Onex Group Invests in Weld North Education

March 1, 2021

Education

Onex Partners V (the Onex Group) completed a significant investment in Weld North Education on March 1, 2021, partnering with the company's management team and existing investor Silver Lake. Onex Corporation’s share of the transaction was approximately $275 million; Weld North Education is a leading U.S. K‑12 digital curriculum and edtech provider.

Onex Partners V Completes Majority Investment in Morson Group

February 5, 2024

Staffing & HR

Onex Partners V, part of Onex Corporation, has completed a majority investment in Morson Group, a Manchester-headquartered engineering and technical staffing and workforce solutions business. The investment was made alongside founding CEO Ged Mason and members of management to support Morson's growth across the UK, U.S., Canada, Australia and other markets; financial terms were not disclosed.

LDC Backs Management Buyout of Tes Global's Supply Agencies

December 23, 2020

Staffing & HR

Mid-market private equity firm LDC has backed a management buyout of Tes Global's Supply Agencies from Tes Global. The transaction will create an independent, PE-backed group led by CEO Liam Roberts to expand its UK network, pursue potential acquisitions, and allow Tes Global to focus on its online and software-enabled education products.

Onex Partners V Makes Equity Investment in Wealth Enhancement Group

October 1, 2021

Financial Services

Onex Partners V, together with certain co-investors including Onex Corporation, completed an equity investment in Wealth Enhancement Group (WEG), joining existing investor TA Associates as equal capital partners. The transaction (Onex's share ~US$250 million) will support WEG's next stage of organic growth and M&A expansion while the firm remains privately held under its existing management team.

Onex Partners V Makes Majority Investment in Newport Healthcare

July 7, 2021

Healthcare Services

Onex Partners V, the private equity investment arm of Onex, has agreed to acquire a majority stake (approximately 60%) in Newport Healthcare, a U.S. provider of evidence-based residential and outpatient treatment programs for teens and young adults with mental-health issues. The investment, completed in July 2021 after announcing the agreement in June 2021, will partner with Newport's management to expand access to the company's behavioral-health services nationwide; terms were not disclosed.

KEV Group Acquires TES Software

November 25, 2025

Education

KEV Group has acquired TES Software, a provider of purpose-built financial and administrative solutions for K–12 schools, strengthening KEV's U.S. presence and expanding its K–12 school finance platform. The acquisition broadens KEV's product footprint across several U.S. states (notably Utah and Alabama) and will help the combined business deliver unified accounting, payments, reporting, and time-management capabilities to K–12 districts.