Onex to acquire majority stake in US advisory firm OneDigital for $960m

Onex to acquire majority stake in US advisory firm OneDigital for $960m

Canadian investment manager Onex Corporation and its affiliated funds (the Onex Group) has agreed to acquire a majority stake in OneDigital, a US provider of employee benefits insurance brokerage and retirement consulting services, for about $960 million. The deal values the Atlanta-based employee benefits and retirement advisor at $2.65 billion. New Mountain Capital and OneDigital […]