Ontario Teachers' Acquires Co-Control Stake in Omega Healthcare from Goldman Sachs Alternatives and Everstone

Ontario Teachers' Acquires Majority Stake in Sahyadri Hospitals from Everstone

August 17, 2022

Healthcare Services

Ontario Teachers' Pension Plan Board's Private Capital team has agreed to acquire a significant majority stake in Sahyadri Hospitals Group from Everstone Group. Sahyadri is a Pune-headquartered multi-specialty hospital chain with c. 8 hospitals and ~900 operating beds (2,000 clinicians and 2,600 support staff reported) and the deal is expected to close in Q4 2022; founders and management will retain minority stakes.

Olympus Partners Acquires Omega Environmental Technologies from AEA Investors

March 31, 2022

Automotive

Stamford-based private equity firm Olympus Partners has acquired Omega Environmental Technologies, a market-leading aftermarket distributor of climate control products and other mission-critical automotive components, from AEA Investors. AEA will remain a minority investor and retain a board seat; Omega is headquartered in Irving, Texas, operates 20+ distribution centers across the U.S. and Canada, and serves thousands of customers globally.

Ontario Teachers' Acquires Majority Stake in Vantage Elevator Solutions

October 13, 2021

Manufacturing

Ontario Teachers' Pension Plan Board agreed to acquire a majority stake in Vantage Elevator Solutions, a North American designer, manufacturer and distributor of elevator components. Golden Gate Capital will retain a significant minority stake; the transaction is expected to close before the end of 2021 and terms were not disclosed.

Ontario Teachers' Acquires Co-Control Stake in GPA Global

September 19, 2022

Packaging

Ontario Teachers' Pension Plan Board has acquired a co-control stake in GPA Global from EQT Private Equity and other minority shareholders; GPA founders Tom Wang and Adam Melton rolled equity and will continue to lead the company. GPA Global is a full-service premium packaging provider with manufacturing and offices across Asia, North America and Europe; the transaction is intended to support GPA's next stage of growth and global expansion (terms not disclosed).

Ontario Teachers' Acquires Majority Interest in Acorn Health

August 27, 2021

Healthcare Services

Ontario Teachers' Pension Plan Board has acquired a majority stake in Acorn Health, a national provider of Applied Behavior Analysis (ABA) therapy for children with Autism Spectrum Disorder. MBF Healthcare Partners II, L.P. fully exited the business; Acorn Health founder Vicki Kroviak and senior management retain a meaningful ownership stake. Terms were not disclosed.

Ontario Teachers' Acquires Mitratech (TA Associates Sells Stake)

May 18, 2021

Software

Ontario Teachers' Pension Plan Board agreed to acquire a majority stake in Mitratech, a provider of legal, risk and compliance software, with TA Associates selling its funds' ownership interest. Hg will retain a minority interest; the transaction was completed May 18, 2021 at an enterprise value reported at $1.55 billion and is intended to support Mitratech's continued portfolio and capability expansion.