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Caliber Collision Centers
Industry: Collision Repair
Investment date: October 2008
Acquired by: ONCAP II
Investment: $58 million /
$26 million from Onex
Status: Realized
Final realization: November 2013
Value realization: $437 million(1) /
$193 million by Onex(1)
Gross IRR: 49%
Head office: Lewisville, Texas
(1) Included in the net proceeds amount is $4 million held in escrow and for working capital adjustments which are expected to be settled by 2015.  Onex' share of the amount held is $2 million. 

Caliber Collision Centers ("Caliber") was sold in November 2013.  Caliber was one of the largest non-franchised collision repair operators in the United States.  During ONCAP II's ownership, Caliber operated 148 collision repair facilities in Texas, Arizona, Nevada and Southern California. The company had approximately 2,800 employees and repaired over 200,000 vehicles annually.