M&A Deal Summary

Onex Partners Acquires Acacium Group

On April 16, 2020, private equity firm Onex Partners acquired staffing company Acacium Group from TowerBrook Capital Partners

Acquisition Highlights
  • This is Onex Partners’ 1st transaction in the Staffing sector.
  • This is Onex Partners’ 5th transaction in the United Kingdom.

M&A Deal Summary

Date 2020-04-16
Target Acacium Group
Sector Staffing
Buyer(s) Onex Partners
Sellers(s) TowerBrook Capital Partners
Deal Type Secondary Buyout

Target

Acacium Group

London, United Kingdom
Acacium Group is a healthcare workforce solutions and services partner dedicated to offering staffing, managed services, and innovative delivery models to health and social care systems and the life sciences industry. The company's specialist brands enable to combine workforce, services, deep clinical expertise, and technology to deliver better outcomes for clients and patients alike. Its experience of working end-to-end, from clinical trials to hospital and community-based services for example gives a unique insight into how best to support clients and make a positive difference. Acacium Group was founded in 1983 and is based in London, United Kingdom.

Search 214,238 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

Onex Partners

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 21.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Onex Partners is the private equity investment arm of Onex Corp., a Canadian based public investment and asset management firm that also invests in real estate and credit securities. Onex Partners targets investments in large companies, and ONCAP which invests in smaller middle-market companies. Both groups consider North American businesses in a wide range of industries with a special interest in aerospace, healthcare, and industrial companies. Prospective transaction situations include corporate carve-outs where the firm can leverage restructuring capabilities. Onex Corp. was established in 1984 and is based in Toronto with an additional office in New York City.


DEAL STATS #
Overall 53 of 63
Sector: Staffing M&A 1 of 2
Type: Secondary Buyout M&A Deals 14 of 17
Country: United Kingdom M&A 5 of 8
Year: 2020 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-04-03 Save-A-Lot Food Stores

Earth City, Missouri, United States

Save-A-Lot Food Stores discount grocery retailer in the United States. Save-A-Lot owns and operates corporate stores, and services and supplies licensee-owned stores across the country. Store sizes vary, but in general range in size between approximately 15,000-20,000 square feet. The stores provide a limited selection of national and exclusive store brand products with a focus on its fresh offerings including USDA-inspected beef, pork and poultry, and farm-fresh fruits and vegetables.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-07 Newport Healthcare

Nashville, Tennessee, United States

Newport Healthcare is a provider of evidence-based healing centers for teens, young adults, and families struggling with mental health issues, eating disorders, and substance abuse. Newport Healthcare is based in Nashville, Tennessee.

Buy -

Seller(S) 1

SELLER

TowerBrook Capital Partners

New York, New York, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2001
PE ASSETS 22.8B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

TowerBrook Capital Partners is a private equity firm focused on leveraged buyouts, leveraged build-ups and distressed situation investments throughout North America and Europe. TowerBrook prefers control-oriented investments and actively pursues complex situations that other firms may avoid. Target sectors include consumer services, distribution, beverages, pharmaceuticals, media, technology, communications, software, and healthcare. TowerBrook Capital Partners was established in 2001 and is headquartered in New York City.


DEAL STATS #
Overall 38 of 47
Sector: Staffing M&A 1 of 1
Type: Secondary Buyout M&A Deals 9 of 10
Country: United Kingdom M&A 8 of 9
Year: 2020 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-10-01 Compassus

Brentwood, Tennessee, United States

Compassus is an independent provider of hospice services in the United States. Compassus cares for its patients through over 135 locations in 29 states across the U.S., serving them wherever they call home (primarily homes, nursing homes, and assisted living facilities.) Compassus plays a key part in patients’ lives as they transition from acute to non-curative, post-acute care settings, and seeks to provide timely quality care, pain and symptom management, and emotional support through leveraging interdisciplinary care teams and data-driven insights. Compassus was founded in 1979 and is based in Brentwood, Tennessee.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-05-19 CarTrawler

Dublin, Ireland

CarTrawler is a technology company providing fully managed online car rental solutions to travel partners in 174 countries. CarTrawler was formed in 2004 and is headquartered in Dublin, Ireland.

Buy -