Public Company Financial Services

Onex

Toronto, Ontario, Canada

Onex is a publicly listed global investment and asset management firm investing and managing capital for shareholders and clients through private equity and credit platforms. Its private equity platforms include Onex Partners and ONCAP.

Focus Areas
Private equity, Private credit, Public credit
Website
www.onex.com

Tracked deals

34

34 tracked deals across 2015-2026.

Recent pace

3

3 tracked deals announced in the last 12 months.

Deal mix

Buyout

21 buyout · 9 growth capital · 3 addon

Onex Acquisition Volume by Year

Last 9 years

Acquisition volume by year Annual acquisition counts for the last 9 years for Onex. 2 2018 2 2019 5 2020 6 2021 5 2022 2 2023 5 2024 3 2025 ~4 est. 3 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 34 tracked deals for Onex.

  • Buyer
    ONCAP, Onex Corporation (via ONCAP)
    Target
    AMES U.S. and Canada businesses, Venanpri Tools, Veritage Brands (joint venture entity)
    Seller
    Griffon Corporation (sold AMES U.S. and Canada businesses into the JV), Venanpri/ Venanpri Tools (contributed into the JV)
    Location
    United States
    Type
    Buyout

    Griffon Corporation closed a joint venture with ONCAP to combine Griffon’s AMES U.S. and Canada businesses with Venanpri Tools, forming Veritage Brands. Griffon received $100 million in cash plus $161 million of second lien debt, while retaining a 43% equity interest; ONCAP (via affiliates including Venanpri) holds 57% and manages the platform.

  • Buyer
    Onex Corporation, American International Group, Inc. (AIG)
    Target
    Convex Group, Convex Re Ltd.
    Industry
    Insurance
    Location
    Bermuda
    Type
    Buyout

    Onex completed its acquisition of Convex Group and related ownership changes, which received regulatory approval as part of the transaction process. AIG also completed acquisitions of strategic minority ownership stakes alongside the Convex transaction.

  • Buyer
    Onex Corporation, American International Group, Inc. (AIG)
    Target
    Convex Group Limited (Convex)
    Seller
    Convex management team, Onex Partners V entities (Onex directors/senior officers held limited partnership units; treated as related-party downstream transactions)
    Industry
    Insurance
    Location
    Canada
    Type
    Buyout

    Onex completed its previously announced $7 billion acquisition of Convex Group Limited, establishing a new ownership structure in which Onex holds about 63% of Convex. American International Group (AIG) simultaneously acquired a minority 35% stake in Convex and took a 9.9% ownership position in Onex, alongside starting a whole-account quota share participation in Convex underwriting from Jan. 1, 2026.

  • Buyer
    ONCAP, Onex Corporation
    Target
    CSN Collision
    Seller
    Founders of CSN Collision
    Industry
    Automotive
    Location
    Ontario, Canada

    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.

  • Buyer
    ONCAP (Onex Corporation)
    Target
    Mid-State Industrial Maintenance
    Seller
    CenterGate Capital
    Type
    Buyout

    ONCAP, the lower-middle-market private equity platform of Onex Corporation, has acquired Mid-State Industrial Maintenance, a Lakeland, Florida-based provider of industrial maintenance, repair and overhaul (MRO) services, from CenterGate Capital. The acquisition expands ONCAP's presence in industrial services and adds capabilities and geographic coverage across the Southeast and Midwest U.S., where Mid-State serves utilities, chemical processing, building products, food & beverage and renewables customers.

  • Buyer
    Ares Management, D. E. Shaw group, Onex Credit, Ripple Industries
    Target
    Form Technologies
    Industry
    Manufacturing
    Type
    Buyout

    Ares Management funds have acquired a majority of Form Technologies' common equity as part of a financing package that injected approximately $304 million of new equity to deleverage the company and support strategic growth. The capital—$154 million of common equity from Ares, the D. E. Shaw group and Onex Credit, plus $150 million of preferred equity from the D. E. Shaw group and Ripple Industries—will fund investments in operational capabilities and commercial expansion across Form Technologies' global manufacturing footprint.

  • Buyer
    Altas Partners, The Carlyle Group, Stone Point Capital LLC, Caisse de dépôt et placement du Québec (CDPQ), Onex, Sedgwick management investors
    Target
    Sedgwick
    Industry
    IT Services
    Location
    United States

    Sedgwick, a global provider of claims management, loss adjusting, and technology-enabled business solutions, announced a strategic investment from Altas Partners. Carlyle (which already controls the company with management and other investors including Stone Point) will remain in a control position, while Altas commits to invest $1 billion of equity; the transaction is expected to close in Q4 2024 subject to customary conditions.

  • Buyer
    Onex Partners Opportunities Fund (Onex Corporation)
    Target
    Farsound Aviation Limited
    Seller
    AGIC Capital
    Location
    England, United Kingdom
    Type
    Buyout

    Onex Corporation's Onex Partners Opportunities Fund has agreed to acquire Farsound Aviation Limited from AGIC Capital for an undisclosed amount. Farsound is a Brentwood, England–based supply chain and distribution specialist serving the aerospace engine MRO market, and the transaction is being completed in partnership with Farsound's management team led by CEO Chris Knott.

  • Buyer
    Onex Partners (Onex Corporation)
    Target
    Fischbach KG
    Seller
    Owner-management group (led by Thomas Langensiepen and Achim Helmenstein)
    Industry
    Packaging
    Location
    North Rhine-Westphalia, Germany
    Type
    Buyout

    Onex Partners (part of Onex Corporation) has agreed to make a majority investment in Fischbach KG, the German-headquartered maker of plastic cartridge packaging and related filling equipment. The owner-management group led by Thomas Langensiepen and Achim Helmenstein will remain involved; financial terms were not disclosed and the deal is expected to close subject to customary conditions.

  • Buyer
    Onex Partners, Onex Corporation
    Target
    Accredited
    Seller
    R&Q Insurance Holdings
    Type
    Buyout

    Onex Partners (via Onex Partners V) has completed the acquisition of Accredited, a global P&C program manager previously owned by R&Q Insurance Holdings. Accredited will operate as an independent program management platform providing A- (AM Best) insurance capacity across the US, UK and Europe and will be supported by Onex to pursue growth with its MGA and reinsurance partners.

  • Buyer
    Onex Partners V (Onex Corporation)
    Target
    Morson Group
    Industry
    Staffing & HR
    Location
    England, United Kingdom
    Type
    Buyout

    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.

  • Buyer
    ONCAP (Onex)
    Target
    Right At School
    Seller
    Prairie Capital VI
    Industry
    Education
    Type
    Buyout

    ONCAP, the mid‑market private equity platform of Onex, acquired a majority stake in Right At School from Prairie Capital VI. Prairie Capital and Right At School management — including founding CEO Mark Rothschild — will retain minority ownership; Prairie engaged BMO Capital Markets and Reed Smith as advisors during the transaction. The deal positions ONCAP to scale the national provider of before‑ and after‑school programs and break camps across K‑12 school districts.

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