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Former Onex executive launches industrials-focused PE firm

Matthew Ross, who worked at Toronto-based Onex for 17 years, most recently as managing director in its private equity division, has started a firm to back industrial businesses. Ross serves as chief executive officer at Ascend Industries, which invests in the “industrial value chain and specifically in complex or technical products and services,” according to the company website. Ascend Industries plans to pursue relatively few opportunities. It…
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PrivateEquityCareer.com broke the news in on Monday, June 23, 2025.
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