OMERS Private Equity buys Caliber Collision Centers

OMERS Private Equity has acquired Caliber Collision Centers from ONCAP. No financial terms were disclosed for the transaction. Based in Lewisville, Texas, Caliber is a provider of automotive collision repair services in the United States. Update: The company was acquired in 2008 in a management buyout led by ONCAP, the mid-market private equity platform of Toronto-based Onex Corp. Onex reported that the exit transaction, earlier valued at US$425 million, provided ONCAP with a multiple of capital invested of about 7.5 times.

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