Goldman Sachs and Centerbridge to sell KAG to OMERS Private Equity

OMERS Private Equity has agreed to buy Kenan Advantage Group Inc. The sellers are Goldman Sachs Capital Partners and Centerbridge Partners. No financial terms were disclosed for the transaction that’s expected to be completed in the third quarter of this year. Based in North Canton, Ohio, KAG is a provider of liquid bulk transportation services.


Charterhouse Capital to sell ERM for $1.7 bln

OMERS Private Equity, the private equity investment arm of the OMERS pension plan, has agreed to buy Environmental Resources Management (ERM) for $1.7 billion. Charterhouse Capital Partners is the seller. The Alberta Investment Management Corp. is coinvesting in the deal. ERM provides of environmental, health, safety, risk, social consulting and sustainability related services.


OMERS Private Equity sells Logibec

GI Partners said Friday it acquired Logibec from OMERS Private Equity. Financial terms weren’t announced. Montreal based Logibec is a healthcare IT company.


Athletico Physical Therapy closes buy of Accelerated Rehab

Athletico Physical Therapy, which is backed by Harvest Partners, has acquired Accelerated Rehabilitation Centers from OMERS Private Equity. Financial terms weren’t announced. The deal, announced in November, closed December 2. Jefferies provided financial advice to accelerated.


Harvest Partners sells DTI

OMERS Private Equity, the PE arm of OMERS, has completed its recap of Document Technologies Holdings. The seller is Harvest Partners. Atlanta-based DTI provides legal process outsourcing services in the U.S.


OMERS Private Equity appoints new London MD

OMERS Private Equity has appointed Jonathan Mussellwhite as a managing director in its London office. Previously, he was one of the founding partners of Cognetas, a pan-European mid-market private equity firm, where he co-led the London office from 2009.

Women in Multiplex Cinema

OMERS Private Equity and AIMCo Acquire Vue for $1.5B

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.

British Currency

OMERS Private Equity Buys Civica From 3i Group

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.

OMERS Private Equity Sells Buyout Fund Portfolio to AXA

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 […]

August Equity Sells Lifeways to OMERS PE

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 […]

OMERS Deals for Consolidated Utility Services

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.

Onex Closes Sale of Husky to Berkshire, OMERS PE

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.

Slideshow: 10 Largest Pending Q2 LBOs

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 […]

Berkshire, Omers Will Pay $2.1B for Husky

Buyout shops Berkshire Partners and Omers Private Equity will pay $2.1 billion to buy the Husky International business from investment firm Onex Corp., Reuters reported. Onex bought Husky in 2007, and said that its net proceeds from the sale would be about $635 million, Reuters reported. Husky makes injection molding equipment and services to the plastics industry. The deal is expected to close early in the third quarter.

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