OMERS Private Equity Acquires Majority Stake in Bionic

July 20, 2022

OMERS Private Equity has signed a definitive agreement to acquire a majority stake in Bionic from ECI Partners and the company's founders; ECI and the founders will reinvest alongside OMERS and the Bionic management team. OMERS will provide capital and buy-and-build expertise to accelerate Bionic's organic growth and M&A-driven expansion in the UK and internationally; financial terms were not disclosed and the deal is expected to close by Q3.

Targets
Bionic
Sellers
ECI Partners, Founders
Location
England, United Kingdom
Transaction Type
Buyout

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