Kirkland & Ellis LLP
10/30/2025 | Press release | Distributed by Public on 10/30/2025 10:08
Kirkland Advises Onex Partners V on $7 Billion Sale of Convex to Onex Corporation and AIG
Kirkland & Ellis advised Onex Partners V on the sale, together with other founding institutional equity partners in Convex Group Limited, of Convex to Onex Corporation and American International Group, Inc. (AIG) for $7 billion. The sale of Convex adds to Onex Partners' long and successful history of investing across the entire property & casualty insurance value chain, particularly in founder-led businesses. The transaction is expected to close in the first half of 2026, subject to customary closing conditions.
Read the transaction press release
The Kirkland team included corporate lawyers Alvaro Membrillera, Adrian Duncan, David Feirstein, Rajab Abbassi and Doug Bacon.
Kirkland & Ellis LLP published this content on October 30, 2025, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on October 30, 2025 at 16:08 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]