Onex Corporation has completed the acquisition of a provider of design-to-print graphics services to the consumer products packaging industry, from Court Square Capital Partners for $813 million.
“We’re delighted to be working with the SGS team to build on the company’s market leadership position,” said David Mansell, an Onex Managing Director. “SGS has tremendous growth potential through international expansion, complementary services and add-on acquisitions.”
SGS is a vertically-integrated provider of packaging graphics services to branded consumer products companies, retailers and the printers that service them. The company has over 2,400 employees spanning a network of 38 production facilities and at more than 100 customer locations across 17 countries. The company is based in Louisville, KT (www.sgsintl.com).
Onex Corporation makes private equity investments through the Onex Partners and the ONCAP families of funds. The firm invests in small and mid-sized North American businesses with enterprise values from $50 million to $500 million. Onex has more than $15 billion of assets under management and is based in Toronto (www.onex.com).
Court Square Capital Partners was established as an independent private equity firm by the former members of Citigroup Venture Capital Equity Partners. Court Square is focused primarily on leveraged buyout transactions in the middle market. Sectors of interest include business services, general industrial, healthcare and technology/telecommunications. Court Square currently manages approximately $5.5 billion of capital and is based in New York (www.courtsquare.com).
© 2012 PEPD • Private Equity’s Leading News Magazine • 10-18-12