OverviewSuggest Edit

Onex is a private equity company specializing in acquisitions and platform acquisitions. Its platforms include: Onex Partners, private equity funds focused on larger opportunities; ONCAP, private equity funds focused on middle market and smaller opportunities; Onex Credit, which manages primarily non-investment grade debt through collateralized loan obligations, direct lending, and other credit strategies; and Gluskin Sheff’s managed public equity and public credit funds.

TypePublic
Founded1984
HQToronto, CA
Websiteonex.com
Employee Ratings3.1

Latest Updates

Employees (est.) (Dec 2019)429
Revenue (FY, 2019)$241 M(-96%)
Share Price (Sept 2020)C$62.4
Cybersecurity ratingAMore

Key People/Management at ONEX

Robert le Blanc

Robert le Blanc

Senior Managing Director
Gerry Schwartz

Gerry Schwartz

Chairman and Chief Executive Officer
Seth Mersky

Seth Mersky

Senior Managing Director
Daniel Casey

Daniel Casey

Director, Independent
Anthony Munk

Anthony Munk

Senior Managing Director
William Etherington

William Etherington

Lead Director, Independent
Show more

ONEX Office Locations

ONEX has offices in Toronto, Englewood Cliffs, New York and London
Toronto, CA (HQ)
161 Bay St
Toronto, CA
Bay Adelaide Centre, 333 Bay St
London, GB
8 St. James's Square
Englewood Cliffs, US
930 Sylvan Ave
New York, US
712 Fifth Avenue, 712 5th Ave
Show all (5)

ONEX Financials and Metrics

ONEX Revenue

ONEX's revenue was reported to be $241 m in FY, 2019 which is a 96.3% decrease from the previous period.
USD

Revenue (FY, 2019)

241.0m

Revenue growth (FY, 2018 - FY, 2019), %

(96.3%)

Net income (FY, 2019)

4.3b

Market capitalization (16-Sept-2020)

6.3b

Closing stock price (16-Sept-2020)

62.4

Cash (31-Dec-2019)

988.0m

EV

5.5b
ONEX's current market capitalization is C$6.3 b.
Annual
USDFY, 2017FY, 2018FY, 2019

Revenue

24.5b6.6b241.0m

Revenue growth, %

38%(73%)(96%)

Cost of goods sold

17.9b4.8b

Gross profit

6.6b1.8b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Revenue

6.5b6.2b6.4b6.0b6.4b6.6b49.0m58.0m67.0m

Cost of goods sold

4.8b4.6b4.6b4.5b4.8b4.8b

Gross profit

1.7b1.6b1.8b1.6b1.7b1.8b

Gross profit Margin, %

26%27%28%26%26%27%
Annual
USDFY, 2017FY, 2018FY, 2019

Cash

3.4b2.7b988.0m

Accounts Receivable

3.3b3.2b332.0m

Inventories

2.5b2.7b

Current Assets

10.3b10.9b
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019

Cash

2.3b2.7b2.4b2.9b2.7b2.6b543.0m451.0m950.0m

Accounts Receivable

3.5b3.0b3.1b3.2b3.2b3.3b312.0m292.0m324.0m

Inventories

2.9b2.5b2.5b2.4b2.5b2.7b

Current Assets

12.8b9.7b9.4b10.3b9.7b10.3b
Annual
USDFY, 2017FY, 2018FY, 2019

Net Income

(647.0m)(846.0m)4.3b

Depreciation and Amortization

1.3b1.4b45.0m

Inventories

18.0m(273.0m)

Accounts Payable

122.0m229.0m(9.0m)
Quarterly
USDQ1, 2017

EV/CFO

82.9 x

Revenue/Employee

33.9k

Debt/Equity

19.2 x

Debt/Assets

0.5 x

Financial Leverage

37.9 x
Show all financial metrics

ONEX Operating Metrics

FY, 2017FY, 2018FY, 2019

Investment Managers

100 103 130
Show all operating metrics

ONEX Acquisitions / Subsidiaries

Company NameDateDeal Size
Independent Clinical ServicesApril 17, 2020
WestJet AirlinesMay 14, 2019$2.60 b
Gluskin SheffMarch 25, 2019
KidsFoundationJuly 20, 2018
Laces GroupDecember 28, 2017
IntraPac International CorpDecember 01, 2017$120 m
Ferrara CandyJanuary 06, 2017
Parkdean ResortsDecember 17, 2016£1.35 b
Save-A-LotOctober 17, 2016$1.37 b
ClarivateOctober 04, 2016$3.55 b
Show more

ONEX Cybersecurity Score

Cybersecurity ratingPremium dataset

A

96/100

SecurityScorecard logo

ONEX Revenue Breakdown

Embed Graph

ONEX revenue breakdown by business segment: 11.7% from Packaging Products and Services, 6.9% from Business and Information Services, 6.7% from Healthcare Imaging, 27.9% from Electronics Manufacturing Services, 18.8% from Food Retail and Restaurants and 28.0% from Other

ONEX Online and Social Media Presence

Embed Graph

ONEX News and Updates

Tawfiq Popatia and Nigel Wright promoted to Senior Managing Directors of Onex Partners

All amounts in U.S. dollars unless otherwise stated

Onex Invests Follow-On Capital in Ryan Specialty Group

All amounts in U.S. dollars unless otherwise stated 

Onex Lines Up Le Blanc as Possible Successor With Promotion

Onex Promotes Former Berkshire Executive Le Blanc to President

Onex to Announce Second-Quarter Results on August 6, 2020

All amounts in U.S. dollars unless otherwise stated 

Onex Agrees to Convertible Preferred Stock Investment in Emerald

All amounts in U.S. dollars unless otherwise stated 

Onex Prices U.S. CLO-19

All amounts in U.S. dollars unless otherwise stated
Show more

ONEX Blogs

KidsFoundation

KidsFoundation alex Fri, 03/01/2019 - 12:27 KidsFoundation is a leading provider of childcare services in the Netherlands.

Ashley MacDonald

Ashley MacDonald cstott Tue, 02/12/2019 - 16:07 Associate, Investor Relations & Fund Development Toronto 2019 Ashley focuses on the company’s fundraising and investor relations efforts across the Onex pl…

Ani Kirakosyan

Ani Kirakosyan cstott Fri, 02/01/2019 - 22:02 Director, Finance Toronto 2014 Ani works closely with the Onex Partners and ONCAP operating companies, providing support for their financial reporting requireme…

Carrie Chan

Carrie Chan cstott Fri, 02/01/2019 - 21:19 Director, Finance Toronto 2014 Carrie is responsible for financial reporting for various entities within the Onex Partners and ONCAP Funds, as well as for Onex Cred…

Mark Tullio

Mark Tullio cstott Fri, 02/01/2019 - 21:12 Associate, Investor Relations & Fund Development Toronto 2019 Mark focuses on the company’s fundraising and investor relations efforts across the Onex platforms…

Frank Park

Frank Park cstott Fri, 02/01/2019 - 21:03 Research Analyst New Jersey 2018 Frank is a Research Analyst of Onex Credit.  Frank has five years of experience.  Prior to joining Onex Credit, he was a vice presi…
Show more

ONEX Frequently Asked Questions

  • When was ONEX founded?

    ONEX was founded in 1984.

  • Who are ONEX key executives?

    ONEX's key executives are Robert le Blanc, Gerry Schwartz and Seth Mersky.

  • How many employees does ONEX have?

    ONEX has 429 employees.

  • What is ONEX revenue?

    Latest ONEX annual revenue is $241 m.

  • What is ONEX revenue per employee?

    Latest ONEX revenue per employee is $561.8 k.

  • Who are ONEX competitors?

    Competitors of ONEX include Platinum Equity, Blackstone Group and Bain Capital.

  • Where is ONEX headquarters?

    ONEX headquarters is located at 161 Bay St, Toronto.

  • Where are ONEX offices?

    ONEX has offices in Toronto, Englewood Cliffs, New York and London.

  • How many offices does ONEX have?

    ONEX has 5 offices.