Who is the owner of Onex?

Who is the owner of Onex?

Gerry Schwartz
Onex is led by the firm’s founder and CEO, Gerry Schwartz, and President Bobby Le Blanc, as well as experienced leaders at each of our businesses. As the Founder and CEO of Onex, Gerry’s principles of value creation and entrepreneurial management suffuse all of Onex’ activities.

Is Onex private equity?

Onex’ two primary businesses are Private Equity and Credit. In Private Equity, we raise funds from third-party investors, or limited partners, and invest them, along with Onex’ own investing capital, through the funds of our private equity platforms: Onex Partners and ONCAP.

Is Onex Canadian owned?

Onex Corporation is an investment manager founded in 1984. The firm manages capital on behalf of Onex shareholders, institutional investors and high net worth clients around the world….Onex Corporation.

Type Public
Founded 1984
Founder Gerry Schwartz
Headquarters Toronto, Ontario, Canada
Key people Gerry Schwartz (CEO/Chairman)

What does Onex mean?

Onex or OneX or variation may mean: Onex, Switzerland, a city in the canton of Geneva. Onex Corporation, a Canadian investment firm. Sonex Aircraft Onex, a homebuilt aircraft undergoing development.

What companies does Onex own?

Throughout our history, Onex has owned a diverse portfolio of operating companies spanning a wide range of industry sectors….

  • Acacium Group.
  • Advanced Integration Technology.
  • Alliance Atlantis Communications.
  • Allison Transmission.
  • Analytic Partners.
  • Armtec Limited.
  • ASM Global.

Does Onex own Purolator?

Purolator Courier Ltd. was sold to Onex Corporation and become a stand-alone Canadian entity, while the U.S.-based Purolator Courier Corp. was acquired by Wilton, CT-based Emery Worldwide.

Is Onex a good investment?

Onex is well-positioned as the Westjet deal looks likely. If it’s a long-term hold, so you can buy it today.

Does Onex own cineplex?

In 2002, Onex Corporation, along with Oaktree Capital Management, acquired Loews Cineplex Entertainment. Onex retained Lowes Cineplex’s Canadian operations on November 26, 2003, and merged them with Galaxy Entertainment, forming Cineplex Galaxy Income Fund.

Does Onex own Air Canada?

Onex, the Toronto-based buyout firm founded and led by Gerry Schwartz, agreed in May to buy Canada’s second-biggest carrier in a cash deal and take the company private. The acquisition was valued at $31 a share, or $5 billion including debt, Toronto-based Onex said at the time.

Does Onex pay a dividend?

Onex (TSE:ONEX) pays Quarterly dividends to shareholders.

Did Onex buy WestJet?

‎ Onex previously announced on May 13, 2019, that it had entered into a definitive agreement to acquire all outstanding shares of WestJet for $31.00 each. Upon completion of the agreement WestJet now operates as a privately-held company.

Does Onex own Indigo?

With financing from Onex Corporation, Indigo bought Chapters, their largest Canadian competitor, in 2001 and continues to operate many stores under the Chapters banner.