Onex

Founded in 1984 by Gerry Schwartz, Onex Corporation is one of Canada's oldest and largest private equity and investment management firms. The company went public in 1987 and has since grown into a global player with diverse interests across private equity, credit, and wealth management strategies. Headquartered in Toronto, it manages tens of billions of dollars in assets for institutional and high-net-worth investors.

The firm has a long history of high-profile acquisitions and divestitures across various industries. Notable historical activity includes the purchase of Allison Transmission from General Motors and the acquisition of the English engineering firm Tomkins. In recent years, Onex has expanded its footprint in the travel and hospitality sectors through the acquisition of WestJet and the venue management firm SMG.

Onex operates through several platforms, including large-cap private equity funds and credit-oriented investment vehicles. In 2019, the firm further diversified its business model by acquiring Gluskin Sheff, a prominent Toronto-based wealth management firm, to enhance its services for private clients. Despite facing challenges such as the COVID-19 pandemic, the firm remains a dominant force in the Canadian financial landscape.