ONCAP Completes $155 Million Sale of CSI Global Education to Moody’s Corporation
|Areas||Corporate and Commercial, Pensions, Private Equity, Tax|
Goodmans represented CSI Global Education Inc. ("CSI") and the selling shareholders that included ONCAP and Onex in connection with the sale of CSI, Canada's leader in financial education and testing services, to Moody's Corporation in a transaction valued at approximately $155 million. Goodmans also acted for ONCAP in its original acquisition of CSI completed in January of 2006.
ONCAP is the mid-market private equity platform of Onex, one of North America's oldest and most successful investment firms committed to acquiring and building high-quality businesses in partnership with talented management teams. Onex manages investment platforms focused on private equity, real estate and credit securities. In total, Onex manages approximately US$13 billion.