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Onex Completes Acquisition of Parkdean Resorts

All amounts in U.S. dollars unless otherwise stated

Onex Corporation ("Onex") (TSX:ONEX) today announced it has completed the acquisition of Parkdean Resorts for GBP 1.35 billion. Parkdean Resorts is a leading operator of caravan holiday parks in the United Kingdom. Onex Partners IV and certain limited partners as co-investors made an equity investment of $627 million. Onex' share of the investment as a Limited Partner in the Fund and as a co-investor was $170 million.

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