Onex Partners V Makes Equity Investment in Wealth Enhancement Group
October 1, 2021
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.
- Buyers
- Onex Partners V (Onex Corporation and certain co-investors), TA Associates
- Targets
- Wealth Enhancement Group
- Industry
- Financial Services
- Location
- Minnesota, United States
- Transaction Type
- Growth capital
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