Who bought Kenan Advantage Group?
Omers
Omers, which managed C$109 billion ($83 billion) as of the end of 2019 for local government workers in Ontario, acquired the trucking company in 2015 from Goldman Sachs Capital Partners and Centerbridge Partners.
Is Kenan Advantage Group sold?
Founded in 1962, Omers is one of Canada’s largest defined benefit pension plans, with C$109 billion ($82.9 billion) in net assets of Dec. 31, 2019. Omers bought KAG from Goldman Sachs Capital Partners and Centerbridge Partners for an undisclosed amount in 2015.
OMERS Private Equity
NEW YORK, NEW YORK–(Marketwired – June 18, 2015) – OMERS Private Equity (“OPE”), the private equity arm of the OMERS pension plan, together with management, has signed a definitive agreement to acquire The Kenan Advantage Group, Inc.
GREENWICH, CT July 11, 2010 — Littlejohn & Co., LLC, a private investment firm that applies an operational approach to building middle-market companies, today announced the sale of portfolio company Kenan Advantage Group, Inc., the largest nationwide independent provider of fuel and bulk liquid transportation and …
Who bought Pauls hauling?
Kenan Advantage Group
Kenan Advantage Group has completed its acquisition of Paul’s Hauling Ltd. The North Canton, Ohio-based tank truck transportation and logistics provider said the acquisition, announced Oct. 2, was completed through its Canadian subsidiary, KAG Canada/RTL Westcan.
How many employees does Kenan Advantage Group have?
2,500 employees
The Kenan Advantage Group has 2,500 employees.
Who owns Omers Private Equity?
OMERS
OMERS Private Equity/Parent organizations
How many trucks does Paul’s Hauling have?
The deal includes 233 tractors, 353 trailers and 192 professional drivers. Facilities are located in Winnipeg and Brandon, Man., Esterhazy, Sask., and Thunder Bay, Ont.
How much do Kenan Advantage drivers make?
How much does a Truck Driver make at Kenan Advantage Group in California? Average Kenan Advantage Group Truck Driver hourly pay in California is approximately $33.25, which is 62% above the national average.
What does Kenan Advantage Group do?
Kenan Advantage Group is North America’s largest tank truck transporter and logistics provider, delivering fuels, chemicals, specialty products, food products and industrial gases to all 48 contiguous states, Canada and Mexico.
Does OMERS own Oxford?
Oxford is owned by OMERS, a defined benefit pension plan with approximately $105 billion in net assets across a diversified, global portfolio of public market, infrastructure, private equity, venture capital and real estate investments.
How is OMERS pension calculated?
If your normal retirement age is 60, your OMERS Plan pension is reduced by 5% per year multiplied by the least of:
- 60 minus your age when you retire;
- 85 Factor minus your current age-plus-service* factor; or.
- 30 years minus your years of service*.