Cinven and Ontario Teachers’ to invest in the combination of group.ONE and dogado group
The combination of group.ONE and the dogado group will create a diversified pan-European champion in the web hosting and domains market, with one-stop-shop solutions to support SMEs with their online presence and success.
Ontario Teachers’ agrees to acquire a 25% stake in SSEN Transmission to deliver renewable energy to millions of homes across the UK
Ontario Teachers’ Pension Plan Board (‘Ontario Teachers’) has reached an agreement with Scotland-based energy provider SSE plc (‘SSE’) to acquire a 25% minority stake in its electricity transmission network business, SSEN Transmission, to provide clean, affordable renewable energy to millions of homes and businesses across the UK.
Allwyn to acquire Camelot UK from Ontario Teachers’ Pension Plan Board
Allwyn AG (“Allwyn” or the “Company”), Europe’s leading lottery operator, and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’ ”) today announced Allwyn has agreed to acquire Camelot UK Lotteries Limited (“Camelot”).
In October 2021, Ontario Teachers’ invested a total of US$75 million in both FTX International and its US entity (FTX.US) and participated with a follow-on investment of US$20 million in the FTX.US entity in January 2022.
Ontario Teachers’ invests further in National Highways Infra Trust in India
Ontario Teachers’ Pension Plan Board (Ontario Teachers’) is pleased to announce that it has been allocated a 25% stake in the follow-on unit capital raise of National Highways Infra Trust (NHIT). The NHIT is an Infrastructure Investment Trust (InvIT) sponsored by the National Highways Authority of India (NHAI), the Government of India’s nodal agency for national highway development.
Ontario Teachers’ Acquires a Co-Control Stake in GPA Global
Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) is pleased to announce its has acquired a co-control stake in GPA Global (“GPA”, or the “Company”) from EQT Private Equity (“EQT”) and other minority shareholders. GPA’s two founders, Tom Wang and Adam Melton, will roll over their respective ownership and continue to lead the Company. Terms of the transaction are not being disclosed.
Mahindra Group and Ontario Teachers’ to form a strategic partnership in the renewable energy space
Mahindra Group and Ontario Teachers’ Pension Plan Board (“Ontario Teachers’”) announced today a strategic partnership to capitalize on the growing renewables opportunity in India and contribute towards the country’s decarbonization ambitions. The parties have signed binding agreements pursuant to which Ontario Teachers’ will acquire a 30% equity stake in Mahindra Susten Private Limited (“Mahindra Susten”) at an equity value of INR 2,371 crore (~USD 300 million).
Deborah Stein and Timothy Hodgson Appointed to Ontario Teachers’ Pension Plan’s Board
Steve McGirr, the Chair of the Ontario Teachers’ Pension Plan, is pleased to announce the appointment of Deborah (Debbie) Stein and Timothy Hodgson to the Board, effective January 1, 2023. Ms. Stein and Mr. Hodgson will succeed John Murray and Bill Chinery, who are retiring after serving their maximum terms as board members.