Onex closes investment in U.S. quick-service restaurant operator

Canadian private equity firm Onex Corp has completed its previously announced majority investment in Jack’s Family Restaurants, a quick-service restaurant operator based in Homewood, Alabama. The financial details of the transaction were not published. The company has some 129 stores in Alabama, Georgia, Mississippi and Tennessee, and is gearing up for further expansion. Last week, Onex agreed to invest in Schumacher Group, a U.S. emergency and hospital medicine services provider.

2 July 2015•2 mins read
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