Onex

Onex

About Onex

Simplify's Rating
Why Onex is rated
B
Rated C on Competitive Edge
Rated A on Growth Potential
Rated B on Rating Differentiation

Industries

Enterprise Software

AI & Machine Learning

Company Size

201-500

Company Stage

IPO

Headquarters

Toronto, Canada

Founded

1984

Overview

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Simplify's Take

What believers are saying

  • Onex raised US$1.8 billion, showing strong investor confidence and future opportunities.
  • Acquisition of Morson Group diversifies Onex into engineering and technical staffing.
  • Farsound acquisition positions Onex in a high-demand aerospace sector.

What critics are saying

  • Loss of key personnel like McGinnis may impact investment capabilities.
  • Repurchasing C$400 million in shares could indicate potential liquidity concerns.
  • Farsound acquisition exposes Onex to volatile aerospace industry risks.

What makes Onex unique

  • Onex's acquisition of Farsound enhances its presence in the aerospace MRO market.
  • Strategic share repurchase indicates Onex's confidence in its financial health and growth.
  • Onex's expansion into Europe with Fischbach KG strengthens its packaging industry foothold.

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Funding

Total Funding

$908.6M

Above

Industry Average

Funded Over

0 Rounds

Company News

Morningstar
Nov 12th, 2024
Hamilton Lane Bolsters its Direct Equity Investment Team with Strategic Hires Across North America and Europe

McGinnis joined from Onex Partners, where he served as a Principal, responsible for the evaluation and execution of private equity investments.

The Manila Times
Nov 8th, 2024
Onex Reports Third Quarter 2024 Results

Onex announced today that it has launched a substantial issuer bid (the "Offer") to repurchase up to C$400 million of its Subordinate Voting Shares.

Business Wire
Sep 2nd, 2024
AGIC Capital Announces Sale of Farsound

European-Asian Private Equity investment firm AGIC Capital (“AGIC”) today announced the sale of Farsound Aviation Limited (“Farsound”) to global inves

New Jersey Business Journal
Aug 29th, 2024
Onex Partners to Acquire Farsound

TORONTO and BRENTWOOD, England, Aug. 29, 2024 (GLOBE NEWSWIRE) - Onex Corporation ("Onex") (TSX: ONEX) today announced that the Onex Partners Opportunities Fund has agreed to acquire Farsound, a leading global supply chain solutions provider for the aerospace engine maintenance, repair and overhaul ("MRO") market.

MarketScreener
Aug 28th, 2024
Onex Partners Opportunities Fund LP, managed by Onex Corporation, agreed to acquire Farsound Aviation Limited from AGIC Capital.

Onex Partners Opportunities Fund LP, managed by Onex Corporation, agreed to acquire Farsound Aviation Limited from AGIC Capital.

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Co-op – Equity Research

Toronto, ON, Canada

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Onex is Hiring for 1 Jobs on Simplify!

Find jobs on Simplify and start your career today

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We update Onex's jobs every few hours, so check again soon! Browse all jobs →