{"id":447699,"date":"2021-03-01T17:48:24","date_gmt":"2021-03-01T22:48:24","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=447699"},"modified":"2021-03-01T17:48:24","modified_gmt":"2021-03-01T22:48:24","slug":"the-onex-group-completes-investment-in-weld-north-education","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/the-onex-group-completes-investment-in-weld-north-education\/","title":{"rendered":"The Onex Group Completes Investment in Weld North Education"},"content":{"rendered":"
\n

\n All amounts <\/em>
\n in U.S. dollars\u00a0<\/em>
\n unless otherwise stated\u00a0<\/em>\n <\/p>\n

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Onex Corporation (\u201cOnex\u201d) (TSX: ONEX) today announced that Onex Partners V, Onex\u2019 $7.2 billion fund, and certain co-investors, including Onex (the \u201cOnex Group\u201d), have completed a significant investment in Weld North Education (\u201cWNE\u201d), in partnership with the management team and the company\u2019s existing investor, Silver Lake. WNE is the leading K-12 digital curriculum company in the United States.<\/p>\n

Of the Onex Group\u2019s total investment, Onex\u00a0Corporation’s share was approximately $275\u00a0million through Onex Partners V and a co-investment.<\/p>\n

\n
\n About Onex <\/u>
\n <\/strong>
\n
Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex\u2019 platforms include: Onex Partners, private equity funds focused on mid- to large-cap opportunities in North America and Western Europe; ONCAP, private equity funds focused on middle market and smaller opportunities in North America; Onex Credit, which manages primarily non-investment grade debt through tradeable, private and opportunistic credit strategies; and Gluskin Sheff\u2019s wealth management services including its actively managed public equity and public credit funds. In total, as of December 31, 2020, Onex has approximately $44\u00a0billion of assets under management, of which approximately $6.8\u00a0billion is its own investing capital. With offices in Toronto, New York, New Jersey, Boston and London, Onex and its experienced management teams are collectively the largest investors across Onex\u2019 platforms.<\/p>\n

The Onex Partners and ONCAP businesses have assets of $40 billion, generate annual revenues of $22 billion and employ approximately 147,000 people worldwide. Onex shares trade on the Toronto Stock Exchange under the stock symbol ONEX. For more information on Onex, visit its website at www.onex.com<\/u><\/a>. Onex\u2019 security filings can also be accessed at www.sedar.com<\/u><\/a>.<\/p>\n

\n For Further Information:<\/strong>
\n
Jill Homenuk
Managing Director \u2013 Shareholder Relations and Communications
Tel: +1 416.362.7711<\/p>\n

\u00a0<\/p>\n


\n
\n \n <\/div>\n

<\/div>\n","protected":false},"excerpt":{"rendered":"

All amounts in U.S. dollars\u00a0 unless otherwise stated\u00a0 TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Onex Corporation (\u201cOnex\u201d) (TSX: ONEX) today announced that Onex Partners V, Onex\u2019 $7.2 billion fund, and certain co-investors, including Onex (the \u201cOnex Group\u201d), have completed a significant investment in Weld North Education (\u201cWNE\u201d), in partnership with the management team and the company\u2019s existing investor, Silver Lake. WNE is the leading K-12 digital curriculum company in the United States. Of the Onex Group\u2019s total investment, Onex\u00a0Corporation’s share was approximately $275\u00a0million through Onex Partners V and a co-investment. About Onex Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. Onex\u2019 platforms include: … <\/p>\n

Continue reading “The Onex Group Completes Investment in Weld North Education”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-447699","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nThe Onex Group Completes Investment in Weld North Education - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/the-onex-group-completes-investment-in-weld-north-education\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The Onex Group Completes Investment in Weld North Education - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"All amounts in U.S. dollars\u00a0 unless otherwise stated\u00a0 TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — Onex Corporation (\u201cOnex\u201d) (TSX: ONEX) today announced that Onex Partners V, Onex\u2019 $7.2 billion fund, and certain co-investors, including Onex (the \u201cOnex Group\u201d), have completed a significant investment in Weld North Education (\u201cWNE\u201d), in partnership with the management team and the company\u2019s existing investor, Silver Lake. WNE is the leading K-12 digital curriculum company in the United States. Of the Onex Group\u2019s total investment, Onex\u00a0Corporation’s share was approximately $275\u00a0million through Onex Partners V and a co-investment. About Onex Founded in 1984, Onex manages and invests capital on behalf of its shareholders, institutional investors and high net worth clients from around the world. 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