We pursue global businesses headquartered in North America or Europe with world-class core capabilities and strong free cash flow characteristics. We create long-term value by building these high-quality businesses in partnership with outstanding management teams.
As an active owner, we are focused on execution rather than macro-economic or industry trends. We focus on:(i) cost reductions and operational restructurings;
(ii) platforms well-positioned to benefit from add-on acquisitions; and,
(iii) carve-outs of subsidiaries and mission-critical supply divisions from multinational corporations.
This successful strategy has produced a track record that spans more than three decades and multiple economic and industry cycles.
Today, Onex' private equity investments are made exclusively through its Onex Partners (for larger transactions) and ONCAP (for middle-market transactions) fund families. Onex participates in all of its funds as the largest limited partner and through its ownership of the funds' general partners and managers. Our distinctive ownership culture requires Onex Management to invest in each operating company we acquire.
Onex follows a disciplined investment process and devotes considerable resources to researching and understanding the industries within which we invest.
In addition to the team's extensive experience from dozens of acquisitions across multiple sectors, the Firm has relationships with CEOs and the Boards of Directors of current and former operating companies, industry experts and advisors. Onex maintains an ongoing evaluation of industry sectors through extensive contact with experienced executives, visiting suppliers and vendors, touring operating facilities and performing extensive financial and operational analysis. Our approach takes substantial discipline to implement, and we believe it is an important contributor to our success.
Over the years, as the investment team has grown, so too has the range of industry verticals we cover. Today, Onex' industry expertise spans more than 15 sectors.