Company
Onex Corporation
Headquarters: Toronto, ON, Canada
Founded: 1984
Employees: 500
CEO: Mr. Gerald Wilfred Schwartz
Market Cap
C$7.04 Billion
CAD as of Jan. 1, 2024
US$5.31 Billion
Onex Corporation Categories
Canada Financials Asset ManagementCanada Financials Canada Asset Management
Company Description
Onex Corporation is an investment management company. Primarily operating in North America and Europe, It invests and manages capital in small, medium, and large market opportunities private equity funds, non-investment grade debt, and wealth management in public equity and public credit strategies.
Top Competitors by Market Capitalization
Industry: Asset Management
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|---|---|
| Blackstone | $147.99 B |
| BlackRock | $116.92 B |
| KKR & Co. Inc. | $71.02 B |
| Brookfield Corporation | $60.42 B |
| The Bank of New York Mellon Corporation | $40.00 B |
Sector:
| Company | Market Cap (USD) |
|---|---|
| Berkshire Hathaway | $797.77 B |
| Visa | $530.20 B |
| JPMorgan | $495.55 B |
| Mastercard | $392.71 B |
| Bank of America | $267.48 B |
Detailed Description
Onex Corporation is a private equity firm specializing in acquisitions and platform acquisitions. The firm makes investments in buyouts, large- middle market, large-cap, mid-cap, and small-cap market and distressed companies. It also invests in recapitalization, growth capital, corporate carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations, operational restructurings of undervalued businesses, and builds up. The firm seeks to invest in technology, electronics manufacturing services, industrial, aerospace, healthcare, retail, restaurants, industrials products, customer care services, metal services, building products, entertainment, gaming, cabinetry products, commercial vehicles, commercial and investment banking, financial services, commercial and multi-unit residential real estate. It invests in global businesses headquartered in North America, including United States and Canada, or Europe. The firm seeks to invest between $125 million and $1 billion in companies that have minimum revenues of $300 million. It does not consider size if the company is in an industry in which the firm already has presence. The firm seeks to make direct as well as co-investments through managed private equity, real estate and credit funds. It seeks to acquire a control position in its portfolio companies. Onex Corporation was founded in 1984 and is based in Toronto, Canada with additional offices in New York, New York; Englewood Cliffs, New Jersey; Boston, Massachusetts and London, United Kingdom.
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Stocks & Indices
Onex Corporation has the following listings and related stock indices.
Stock: TSX: ONEX wb_incandescent
Stock: FSX: ONE wb_incandescent
Stock: JPX: 5987 wb_incandescent
Stock: OTC: ONEXF wb_incandescent
Product & Services
Private equity funds, investment vehicles focused on non-investment grade debt (Collateralized Loan Obligations, Private Debt funds), Public Equity strategies, Public Debt strategies
Key People
Founder(s): Gerry Schwartz
Gerry Schwartz (CEO/ Chairman)
Financials
Revenue: US$ 1.1 billion (2019)
Net income: US$ 4.3 billion (2019)
Total assets: US$ 11.8 billion (2019)
Total equity: US$ 7.0 billion (2019)