OMERS Private Equity, the private equity investment arm of the OMERS pension plan, in equal partnership with Alberta Investment Management Corporation is to acquire Vue Entertainment from Doughty Hanson and management. Vue is an operator of modern multiplex cinemas in the United Kingdom, Ireland, Germany, Denmark, Portugal, Poland, Latvia, Lithuania and Taiwan. The transaction is expected to close by late July 2013.

OMERS Private Equity, the private equity investment arm of the Ontario Municipal Employees Retirement System, has completed its purchase of Civica Group PLC from British buyout firm 3i Group for an enterprise value of 390 million pounds (or around US$604 million). Civica is a London, U.K.-based provider of specialised software systems, cloud-based IT services and technical outsourcing to public sector organisations worldwide. 3i took the company private in 2008.

Ontario Municipal Employees Retirement System (OMERS) saw its net assets under management rise above the C$60 billion mark in 2012, increasing C$5.7 billion year over year. The Canadian pension fund also posted a 10% return on its total investments last year, based on “strong performance in its private market portfolio”. OMERS’ overall private market portfolio had a 13.8% investment return, led by returns of 19.2% from internally-managed buyout fund OMERS Private Equity.

Accelerated Rehabilitation Centers, Inc., a platform portfolio company of OMERS Private Equity, has completed its acquisition of Momentum Physical Therapy, Inc., a two-clinic rehabilitation practice located in Chicago, Illinois. Accelerated Rehabilitation, also of Chicago, is a physical therapist owned and operated provider of outpatient rehabilitation services. OMERS bought the company from US private equity firm Gryphon Investors in 2011.

OMERS Private Equity, the private equity arm of Canadian pension fund OMERS has appointed Isabelle Pagnotta as a director and Bryony Marshall as an associate to its London office. OMERS set up its London office in 2009 and has invested $640 million so far in the European market.

OMERS Private Equity, the private equity arm of the OMERS worldwide group of companies is selling a portfolio of 11 private equity fund investments and the related unfunded commitments to AXA Private Equity. The portfolio of buyout funds represents approximately $850 million in original commitments, in North American and global funds. PRESS RELEASE OMERS Private [...]

OMERS Private Equity, the private equity arm of Canadian pension fund OMERS is to acquire Lifeways from August Equity for an undisclosed sum. The OMERS PE team is backing Paul Marriner, CEO in a secondary management buy-out. Lifeways is a UK-based provider of supported living services for adults with learning disabilities. PRESS RELEASE OMERS Private [...]

Tricor Pacific Capital Partners Fund IV, the Chicago- and Vancouver-based private equity firm, exited its provider of utility damage prevention services firm, Consolidated Utility Services, selling it to OMERS Private Equity. Specifics were not disclosed; Tricor acquired the company in 2007. The value created over the life of the CUS investment has resulted in an IRR of 28% and a cash-on-cash return of over 2.5x for Tricor’s investors.

Berkshire Partners and OMERS Private equity have closed their buy of Husky International. Onex Partners was the seller. Husky’s management team retains a stake. Goldman Sachs, Morgan Stanley Senior Funding, RBC Capital Markets and TD Securities provided financing. Bolton, Ontario-based Husky, founded in 1953, is one of the world’s largest suppliers of injection molding equipment and services to the plastics industry.

Buyouts recently wrapped its Q2 quarterly deal wrap-up, and the consensus, to put it bluntly, was ugly. Though our data was cut off at June 15, the results showed U.S.-based PE firms had closed 38 percent less control-stake deals in Q2 than in Q1, according to Thomson Reuters. This suggests many firms have spent much [...]