ONCAP (Onex) Acquires Mid-State Industrial Maintenance from CenterGate Capital

ONCAP Acquires Majority Stake in Komar Industries

June 2, 2021

Manufacturing

ONCAP (Onex Corporation’s mid-market private equity platform) has purchased a majority stake in Komar Industries, Inc., partnering with the Koenig family. Komar, headquartered in Groveport, Ohio, is a long-established designer and manufacturer of industrial waste and recycling processing systems; terms were not disclosed.

ONCAP Acquires Majority Stake in Komar Industries

June 3, 2032

Manufacturing

ONCAP, the mid-market private equity platform of Onex Corporation, has acquired a majority stake in Komar Industries, a Groveport, Ohio-based designer and manufacturer of industrial waste and recycling processing systems. The Koenig family remains partnered with ONCAP as Komar looks to expand its product and service offerings and continue its growth.

Mid-State Industrial Maintenance Acquires Elmco Industrial Services

December 13, 2021

Industrial Services

Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, has acquired Elmco Industrial Services, a Van Wert, Ohio-based mechanical shop and field services provider. The add-on acquisition expands Mid-State's field and shop capabilities and increases geographic reach across aggregates, grain, food processing, and general industrial end markets.

Mid-State Industrial Maintenance Acquires Mine Equipment & Design

January 25, 2021

Industrial Services

Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, has acquired Mine Equipment & Design (MED), a Cleves, Ohio‑based provider of consumable parts, equipment, plant design and repair services for the aggregates and mining industries. The deal expands Mid‑State's service capabilities and geographic coverage in the Midwest and Southeast; MED founder Bob Falk will continue to lead the business.

ONCAP Acquires Majority Stake in Merrithew International

February 17, 2022

Consumer Products

ONCAP, the mid-market private equity platform of Onex, has purchased a majority stake in Merrithew International Inc., the Toronto-based developer, manufacturer and retailer of Pilates equipment, accessories, content and education. The investment (from ONCAP IV) was made in partnership with Merrithew founders Lindsay and Moira Merrithew to support the company's continued global growth and expansion through organic initiatives and acquisitions; terms were not disclosed.

ONCAP Partners with CSN Collision to Scale Corporate-Owned Collision Centres

October 23, 2025

Automotive

ONCAP, the lower mid‑market private equity platform of Onex Corporation, has partnered with CSN Collision in a growth investment to acquire various collision centres from CSN founders, who will remain shareholders. The capital and partnership will enable CSN to establish a scaled platform of corporate-owned collision repair centres and accelerate add-on acquisitions across North America and Europe.