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Onex Corporation is a Canadian investment management firm founded by in 1984. In September 2024, it had $50 billion dollars under management.


History
Schwartz founded Onex in 1984 and took the company public in 1987.

In June 2007, sold Allison Transmission to financial investors and Onex Corporation.

In 2010, Onex and the Canada Pension Plan acquired English engineering firm , though Onex only held 14% of shares.

At the end of 2017, Onex acquired SMG. The company was sold off in 2019 to merge with AEG Facilities to form ASM Global.

In 2019, Onex acquired , a Toronto-based wealth management firm.

In May 2020, Onex blamed a first-quarter net loss of $1.1 billion US dollars on the COVID-19 pandemic. Onex reports US$1.1B Q1 loss on COVID-19 disruption


Private equity investments
In December 2019, Onex Corporation purchased for billion (equivalent to $ billion in ), through its subsidiary Kestrel Bidco.


Current portfolio
HealthcareSeptember 2020
AccreditedFinancial ServicesJune 2024
Advanced Integration TechnologyAerospace & Transportation Automation & Industrial TechnologyDecember 2014
Analytic PartnersBusiness Services & SoftwareApril 2022
Business Services & SoftwareJanuary 2018
Aerospace & TransportationDecember 2012
Business Services & SoftwareOctober 2016
ConvexFinancial ServicesApril 2019
Emerald ExpositionsBusiness Services & SoftwareJune 2013
Fidelity Building Services GroupBuilding Products & ConstructionDecember 2021
Business Services & SoftwareMarch 2021
Business Services & SoftwareFebruary 2024
Newport HealthcareHealthcareJuly 2021
Financial ServicesNovember 2020
Business Services & SoftwareMarch 2017
PowerSchool GroupBusiness Services & SoftwareAugust 2018
Resource Environmental SolutionsEnvironmental & Engineering ServicesMarch 2022
HealthcareJuly 2015
Sedgwick Claims Management ServicesFinancial ServicesOctober 2014
Business Services & Software February 2022
Wealth Enhancement GroupFinancial ServicesSeptember 2021
Aerospace & TransportationDecember 2019
WireCo WorldGroupIndustrial Manufacturing & ServicesSeptember 2016
International Language Academy of CanadaEducationAugust 2019


Realized portfolio
Allison TransmissionAutomotive Aftermarket

Industrial Manufacturing & Services

August 2007 - June 2014
BrightSpring Health ServicesHealthcareJune 2004 - March 2019
Carestream HealthHealthcareApril 2007 - September 2022
Center for Diagnostic ImagingHealthcareJanuary 2005 - July 2012
Center for Diagnostic ImagingHealthcareJanuary 2005 - July 2012
Cineplex Galaxy Income FundFilm ExhibitorJune 2001 - January 2011
Compagnie Générale de GéophysiqueIndustrial Manufacturing & Services

Environmental & Engineering Services

November 2004 - June 2005
Consumer Products & Services

Industrial Manufacturing & Services

December 2004 - May 2009
Emergency Medical Services CorporationHealthcareFebruary 2005 - May 2011
Genesis HealthcareHealthcareDecember 2005 - August 2017
Hawker Beechcraft CorporationAerospace & Transportation

Industrial Manufacturing & Services

March 2007 - May 2012
Husky InternationalAutomation & Industrial Technology

Industrial Manufacturing & Services

Packaging

December 2007 - June 2011
Jack's Family RestaurantsFood & Beverage

Restaurants & Retail

July 2015 - August 2019
Building Products & Construction

Industrial Manufacturing & Services

October 2011 - August 2021
Automation & Industrial Technology

Industrial Manufacturing & Services

Packaging

December 2012 - April 2016
Magellan Health ServicesHealthcareJanuary 2004 - November 2005
Consumer Products & ServicesNovember 2018 - August 2022
RSI Home ProductsConsumer Products & Services

Building Products & Construction

Industrial Manufacturing & Services

October 2008 - February 2013
Business Services & SoftwareOctober 2018 - August 2023
Consumer Products & Services

Food & Beverage

Restaurants & Retail

December 2016 - April 2020
Consumer Products & Services

Packaging

October 2012 - November 2021
SIG Combibloc GroupConsumer Products & Services

Industrial Manufacturing & Services

Packaging

March 2015 - December 2020
Spirit AeroSystemsAerospace & Transportation

Industrial Manufacturing & Services

June 2005 - August 2014
Aerospace & Transportation

Industrial Manufacturing & Services

March 2015 - January 2020
The Warranty GroupFinancial ServicesNovember 2006 - August 2014
TMS InternationalIndustrial Manufacturing & ServicesJanuary 2007 - October 2013
Automotive Aftermarket

Industrial Manufacturing & Services

September 2010 - July 2014
Tropicana Las VegasLeisure & GamingMay 2009 - August 2015
USI Insurance ServicesFinancial ServicesDecember 2012 - May 2017


External links

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