Onex to invest in TA Associates-backed Wealth Enhancement Group.

Onex, an investment company, agreed to invest in TA Associates-backed Wealth Enhancement Group, an independent wealth management firm. Financial terms were not disclosed. "Our new investment from Onex augments our continued relationship with TA, bringing together two of the most accomplished private equity investment firms in the world. Wealth Enhancement Group has created a remarkable level of organic and acquisitions-based growth over the years, with our firm well on its way to becoming the premier wealth management platform across the country. As we embark on the next stage of our growth vision, this is the perfect moment to bring aboard an additional partner with a long history of successful financial services investments," Jeff Dekko, Wealth Enhancement Group CEO.