equity founded 1983 ; 33 years ago 1983 founder gerry schwartz headquarters toronto ontario canada key people gerry schwartz ceo chairman products private equity funds leveraged buyouts aum 22.5 billion website www.onex.com onex corporation is a private equity investment firm and holding company based out of toronto ontario . as of 2016 the firm has over 22 billion of assets under management . contents 1 history 1.1 investments 2 office 3 references 4 external links history edit schwartz had previously worked at bear stearns under the invetsor jerome kohlberg jr. 2 kohlberg left in 1976 where he was soon joined by henry kravis and george roberts and they founded kohlberg kravis roberts . 2 schwartz returned to canada where he started working with izzy asper . 2 schwartz later founded onex on his own in 1983 . 2 since its founding the firm has generated a gross internal rate of return of 28 % . 2 investments edit the firm invests in a wide array of industries . it has shown a particular interest in buying the high cost manufacturing portion of companies and turning these into low cost suppliers . in the 1980s it played this role in the auto parts industry . citation needed in 1996 it bought ibm s manufacturing division celestica . although the firm has majority control over most of its subsidiaries rarely does it have whole ownership . citation needed onex is involved in the american health care industry owning a number of firms there . weasel words they are also in the movie theatre business both in canada with cineplex entertainment as well as in mexico with cinemex the latter in partnership with u.s. based carlyle group . the firm has also long been invested in the airline industry and is well known for its failed 1999 attempt to buy both air canada and canadian airlines to merge them . 3 in 2004 onex bought boeing commercial airplanes kansas and oklahoma manufacturing facilities forming spirit aerosystems which was later partially floated in late 2006 . in late 2006 onex became a member of the airline partners australia consortium in a takeover bid for qantas . citation needed in january 2007 onex signed a deal to acquire the raytheon aircraft company from raytheon forming hawker beechcraft . citation needed in january 2007 onex signed a deal to acquire eastman kodak s medical imaging unit including a kodak factory in white city oregon . the company formed is now known as carestream health . on june 28 2007 onex announced that it would partner with the carlyle group to buy the allison transmission unit of general motors for 5.6 billion . 4 other companies in which onex owns a significant stake include as of november 2008 sitel american medical response emcare jeld wen husky injection molding systems ltd canadian securities institute and cici s pizza . on december 3 2012 onex took a 50 % stake in aircraft lessor bbam and invested 75 million in aircraft leasing firm fly leasing . 5 in may 2013 nielsen holdings announced it would sell its expositions business to onex corporation for 950 million . 6 in november 2014 onex agreed to buy cartons giant sig combibloc group from the rank group in a deal reported to be worth 4.6 bn . 7 in july 2016 onex and baring asia agreed to buy the intellectual property & science business unit from thomson reuters for 3.55 billion . 8 office edit onex is headquartered on the 49th floor of brookfield place in toronto with branch offices in new york city new jersey and london . citation needed references edit company profile for onex corp ca ; ocx . retrieved 2008 10 09 . a b c d e canada s very own private equity giant onex quietly tops returns of big name u.s. rivals . financial post . retrieved 2015 11 24 . air canada timeline reuters yahoo news gm selling allison for 5.6 billion 2007 06 28 onex . onex . retrieved on 2013 09 19 . bhaswati mukhopadhyay 6 may 2013 . nielsen to sell expositions business to canadian pe firm for 950 million . reuters . private equity firm onex has agreed to acquire cartons giant sig combibloc group in a reported 4.6 bn deal . packaging news . retrieved 2014 11 24 . thomson reuters to sell ip & science unit to onex baring asia for 3.55 bln . reuters . retrieved 2016 07 11 . external links edit onex company website jeld wen v t e onex corporation subsidiaries hawker beechcraft spirit aerosystems tomkins plc carestream health corporate directors daniel c. casey william a. etherington peter c. godsoe serge gouin ewout r. heersink arianna huffington john b. mccoy j. robert s. prichard heather m. reisman gerald w. schwartz arni c. thorsteinson v t e private equity and venture capital basic investment types buyout venture mezzanine growth secondaries equity co investment history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s terms and concepts buyout financial sponsor management buyout divisional buyout buy sell agreement leveraged recapitalization dividend recapitalization venture angel investor business incubator post money valuation pre money valuation seed money startup company venture capital financing venture debt venture round structure private equity firms and funds limited partnership limited liability company carried interest management fee publicly traded private equity business development company venture capital trust private investment in public equity pipe pledge fund investors corporations institutional investors pension funds insurance companies fund of funds endowments foundations investment banks merchant banks commercial banks high net worth individuals family offices sovereign wealth funds crowdfunding related financial terms aum cap table capital call capital commitment capital structure distribution waterfall ebitda envy ratio high yield debt ipo irr leverage liquidation preference m & a pme taxation of private equity and hedge funds undercapitalization vintage year private equity and venture capital investors private equity firms venture capital firms angel investors portfolio companies v t e largest private equity investment firms 3i group aac capital partners advent international alpinvest partners american capital apax partners apollo global management ares management bain capital bc partners berkshire partners the blackstone group bridgepoint capital candover the carlyle group ccmp capital cerberus capital management charterhouse capital partners cinven clayton dubilier & rice cvc capital partners doughty hanson & co encap investments eqt partners first reserve corporation fortress investment group general atlantic goldman sachs capital partners gtcr hellman & friedman h.i.g. capital jrk property holdings kkr trilantic capital partners leonard green & partners madison dearborn partners nordic capital oak investment partners oaktree capital management onex teachers private capital pacific equity partners pai partners permira providence equity partners sentinel capital partners silver lake partners summit partners sun capital partners ta associates terra firma capital partners thomas h. lee partners tpg capital warburg pincus welsh carson anderson & stowe private equity private equity firms venture capital firms portfolio companies v t e onex corporation subsidiaries hawker beechcraft spirit aerosystems tomkins plc carestream health corporate directors daniel c. casey william a. etherington peter c. godsoe serge gouin ewout r. heersink arianna huffington john b. mccoy j. robert s. prichard heather m. reisman gerald w. schwartz arni c. thorsteinson retrieved from https en.wikipedia.org w index.php title onex corporation & oldid 738964721 categories companies listed on the toronto stock exchangeprivate equity firms of canadaholding companies of canadacompanies based in torontocompanies established in 1983s & p tsx composite indexonex corporationinvestment companies of canadahidden categories pages using infobox company with unsupported 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