Investment Summary |
|
|---|---|
| Date | 2019-04-30 |
| Target | Convex |
| Sector | Insurance |
| Investor(s) |
Onex Partners
AIG |
| Deal Type | Growth Capital |
SEARCH BY
| Category | Private Equity Firm |
|---|---|
| Founded | 1984 |
| PE ASSETS | 21.0B USD |
| Size | Mega |
| Type | Sector Agnostic |
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 | 50 of 63 |
| Sector: Insurance M&A | 6 of 9 |
| Type: Growth Capital M&A Deals | 8 of 8 |
| Country: Bermuda M&A | 1 of 1 |
| Year: 2019 M&A | 3 of 5 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-04-04 |
KidsFoundation Holdings B.V.
Netherlands KidsFoundation Holdings B.V. is one of the highest-rated childcare providers in the country. It offers nursery care for children between six weeks and four years old as well as before and after school care services for children between four and 12 years old. The company provides childcare for more than 30,000 children across 281 centres with approximately 3,750 employees. |
Sell | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2019-05-13 |
WestJet
Calgary, Alberta, Canada WestJet operates scheduled and charter services to destinations in North America, Central America, the Caribbean, Europe, and Asia. WestJet specializes in passenger and cargo air transport through its mainline operations and subsidiaries, including WestJet Encore, WestJet Cargo, and Sunwing Vacations Group.. WestJet was founded in 1996 and is based in Calgary, Alberta. |
Buy | $5.0B |
AIG is an international insurance organization serving customers in more than 130 countries. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. American International Group was incorporated in 1919 and is based in New York City.
| DEAL STATS | # |
|---|---|
| Overall | 17 of 17 |
| Sector: Insurance M&A | 16 of 16 |
| Type: Growth Capital M&A Deals | 1 of 1 |
| Country: Bermuda M&A | 3 of 3 |
| Year: 2019 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2018-09-21 |
Glatfelter Insurance Group
York, Pennsylvania, United States Glatfelter Insurance Group is a full-service broker and insurance company providing services for specialty programs and retail operations. Glatfelter Insurance Group was founded in 1951 and is based in York, Pennsylvania. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2023-02-13 |
Private Client Select
Berkeley Heights, New Jersey, United States Private Client Select is a Managing General Agency (“MGA”) serving the High-Net-Worth personal lines insurance industry. PCS offers property and casualty personal insurance solutions and risk management services that meet the unique needs of High-Net-Worth clients throughout the United States. Private Client Select is based in Berkeley Heights, New Jersey. |
Sell | - |
