Onex Partners Announces Completion of Strategic Investment in OneDigital by Stone Point Capital and CPP Investments

Core Insights - Onex Partners announced a majority investment in OneDigital from Stone Point Capital and Canada Pension Plan Investment Board, with Onex remaining a significant minority owner [1][2] - The transaction values OneDigital at over US $7 billion, aimed at supporting its growth through organic expansion and strategic acquisitions [2] - Total proceeds from the transaction to Onex Partners V and Onex Corporation are approximately $1.1 billion and $235 million, respectively [3] Company Overview - OneDigital is an insurance brokerage and financial services firm that provides tech-enabled solutions for businesses and individuals, focusing on health, success, and financial security [7] - Founded in 2000 and headquartered in Atlanta, OneDigital serves over 100,000 employers and millions of individuals across the nation [7] Investment Firms - Stone Point Capital manages over $70 billion in assets and focuses on investments in the global financial services industry [8] - Canada Pension Plan Investment Board manages the Canada Pension Plan Fund, totaling C$777.5 billion as of September 30, 2025, and invests globally across various asset classes [9] Onex Partners - Onex Partners focuses on upper middle market buyout strategies, having invested over $21 billion across six funds and completed more than 570 add-on acquisitions [4]