Onex closes $445 mln take-private acquisition of Gluskin Sheff

Canadian private equity firm Onex Corp has wrapped up its acquisition of Gluskin Sheff + Associates Inc (TSX: GS), a Toronto-based wealth management business. The deal, announced in March, had a total consideration of about $445 million (US$330 million). Onex said the transaction brings together "two of Canada’s pre-eminent investment firms and provides investors with a comprehensive investment offering across both private and public markets." Gluskin Sheff will be de-listed from the Toronto Stock Exchange on June 4.

3 June 2019•3 mins read
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