ONCAP to acquire roofing contractor Tecta America for $130 mln
ONCAP, the mid-market private equity arm of Onex Corp, has made its first new investment in a year, agreeing to acquire commercial roofing company Tecta America for about US$130 million. The deal was struck this month by ONCAP III in partnership with other investors and the company’s management team. The seller is Oaktree Capital Management, a U.S. private equity firm. Oaktree bought Tecta for an undisclosed sum in July 2013.
11 August 2016•2 mins read
