289 Views

Onex to sell Sitel Worldwide

Onex Corp. said Friday that it has agreed to sell Sitel Worldwide Corp. Onex said it expects to receive about $55 million in proceeds, which includes an earn-out. The buyer is Groupe Acticall of France. Nashville-based Sitel Worldwide is a customer care provider.

329 Views

Onex invests in Schumacher Group

Onex Corp. said Monday that it invested in Schumacher Group. Financial terms weren’t announced. Lafayette, Louisiana-based Schumacher, provides outsourced emergency and hospital medicine clinical staffing, as well as healthcare advisory services.

475 Views

Onex invests in Jack’s Family Restaurants

Onex Corp. said Monday it has invested in Jack’s Family Restaurants. Financial terms weren’t announced. Certain member of management also invested. Homewood, Alabama-based Jack’s operates quick-service restaurants specializing in burgers, fried chicken, made-from-scratch biscuits, crinkle-cut fries and hand-dipped shakes. The company employs about 4,400 peole across 129 company-owned stores in Alabama, Georgia, Mississippi and Tennessee. The investment is coming from Onex Partners IV, Onex’ $5.7 billion flagship fund.

132 Views

Onex completes Survitec acquisition

Onex Corp has closed its previously announced buy of Survitec Group Limited for 450 million pounds. Based in the UK, Survitec is a provider of marine, defense and aerospace survival equipment.

162 Views

Onex Partners IV increased to $5.66 bln

Onex Corp. said this week that it increased its commitment to Onex Partners IV to $1.7 billion from $1.2 billion. The size of Onex Partners IV is $5.66 billion, up from $5.15 billion, with Onex as the largest investor.

330 Views

Carlyle cashes out of Allison Transmission

The Carlyle Group said Tuesday it has sold its remaining 2.7 million shares in Allison Transmission. Carlyle and Onex Corp. acquired Allison Transmission in August 2007. Allison Transmission, an auto-parts makers, went public in 2012.

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