Onex Partners Says Strategic Investment in OneDigital by Stone Point Capital and CPP Investments Completed
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Onex Partners announced the completion of a strategic investment in OneDigital by Stone Point Capital and CPP Investments. The transaction, valued over $7 billion, involves acquiring a stake from existing shareholders, including Onex Partners, which remains a minority owner. The investment aims to support OneDigital's growth through organic expansion and strategic acquisitions. Onex Partners received approximately $1.1 billion, while Onex Corporation received $235 million. Onex shares rose 0.1% to $112.97.
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