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Announced

Completed

Onex completed the $960m investment in OneDigital.

Synopsis

Private equity firm Onex completed the $960m investment in OneDigital, a provider of employee benefits insurance brokerage and retirement consulting services. New Mountain Capital, the former majority shareholder, and OneDigital employees will roll a significant portion of their existing investments into the transaction. "OneDigital has established a leading national insurance brokerage and a customer- and employee-centric culture which drives business performance. The company has a very impressive management team led by Adam Bruckman and is well positioned to grow both organically and by continuing its track record of successful acquisitions. We are thrilled to partner with Adam, the rest of the OneDigital team and New Mountain," Todd Clegg, Onex Managing Director.

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