Onex’ Emerald Expositions Completes Acquisition of GLM

Toronto – Onex Corporation (“Onex”) (TSX: OCX) announced that its subsidiary, Emerald Expositions (“Emerald”), has completed its acquisition of George Little Management, LLC (“GLM”) for $335 million. GLM operates several leading business-to-business tradeshows in the United States.

Onex Partners III, Onex’ flagship private equity fund, invested $140 million to acquire GLM, of which Onex’ share was $34 million as a Limited Partner in the Fund. The balance of the acquisition price was funded by Emerald with debt. Pro forma for the acquisition of GLM, the total Onex Partners III investment in Emerald Expositions is $490 million, of which Onex’ share is $119 million as Limited Partner in the Fund.

About Onex
With offices in Toronto, New York and London, Onex is one of the oldest and most successful private equity firms. Onex acquires and builds high-quality businesses in partnership with talented management teams. The Company has approximately $16 billion of assets under management, including $5 billion of Onex capital, in private equity, credit securities and real estate. Onex invests its capital directly and as the largest limited partner in each of its Funds.

Onex’ businesses have assets of $44 billion, generate annual revenues of $34 billion and employ approximately 229,000 people worldwide. Onex shares trade on the Toronto Stock Exchange under the stock symbol OCX. For more information on Onex, visit its website at www.onex.com. The Company’s security filings can also be accessed at www.sedar.com.

About Emerald Expositions
Emerald is a leading operator of large business-to-business tradeshows in the United States, producing more than 85 tradeshows and conference events per year connecting over 525,000 buyers and sellers across ten diversified end-markets, including general merchandise; sports; hospitality and retail design; jewelry, luxury, and antiques; e-commerce; photography; decorated apparel; building; healthcare; and military. Emerald is headquartered in San Juan Capistrano, California. The company’s shows are typically the most prominent and important for exhibitors and attendees within their various industries. For more information on Emerald, please visit www.emeraldexpositions.com.

Forward-Looking Statements
This news release may contain forward-looking statements that are based on management’s current expectations and are subject to known and unknown uncertainties and risks, which could cause actual results to differ materially from those contemplated or implied by such forward-looking statements. Onex is under no obligation to update any forward-looking statements contained herein should material facts change due to new information, future events or otherwise.