About This Fund
The Onex Partners V fund is a flagship buy‑out vehicle of Onex Corporation, targeting upper‑middle market companies in North America and Europe. It leverages Onex’s long‑standing private equity platform and deep experience in control investments across business services, consumer, industrial and financial sectors. With an approximate size of US $7.15 billion, the fund is deployed to make controlling equity investments, typically in companies with significant existing scale, strong management teams and sustainable competitive positions. Onex Partners V emphasises a hands‑on approach: partnering with management teams to accelerate growth, operational improvement and strategic expansion, while maintaining discipline in transaction size (targeting roughly US$200‑750 million of equity per deal) and portfolio diversification by sector and geography. The fund’s geographical mandate encompasses the U.S., Canada and Europe, and it focuses on sectors including consumer products & services, financial services and business services (B2B) as well as industrial supplies and parts. The strategy aims to create value through operational initiatives, bolt‑on acquisitions and selective leverage, delivering attractive returns to limited partners.