Nouvelles et évènements

News

Novacap acquires interest in Noble Foods

June 20, 2018

Longueuil, June 20th, 2018 – Novacap, a leading Canadian private equity firm, today announced it is acquiring an interest in Noble Foods Nutrition Inc., a manufacturer of nutrition and energy bars renowned for high quality innovative products and headquartered in Pointe-Claire, Québec. All 100 employee positions at the company will be maintained, as will all management roles, and Novacap plans to invest in the company’s growth to help it expand into new markets.


NOVACAP FINALIZES ACQUISITION OF HORIZON TELCOM FOR US$220,000,000

June 18, 2018

Longueuil, QC June 18th, 2018 – Novacap, one of Canada’s leading private equity firms, announced today that it has finalized the acquisition of Horizon Telcom (“Horizon”).  Horizon is a premier provider of fiber-optic bandwidth infrastructure services operating primarily in Ohio. Novacap acquired the company from its owners at a valuation of over US$220,000,000. Horizon began as a local telephone company over 120 years ago and over the last decade has grown its fiber network from 700 route miles to over 4,300 route miles and nearly 550,000 fiber miles with over 1,600 on-net locations and 16,600 near-net buildings.


Intelerad Launches AI Initiative While Announcing First Clinical Applications Partnership for Medical Image Analysis

June 01, 2018

Intelerad extends its partnership with Blackford to provide access to best-of-breed clinical applications and AI solutions worldwide via Blackford Platform

Montreal, Canada – May 29, 2018 – Intelerad Medical Systems™, a leader in enterprise workflow solutions, today announced the launch of its Artificial Intelligence initiative along with the expansion of its partnership with Blackford to offer Blackford Platform, a single platform to access and manage multiple medical image analysis applications.


Owen & Company (“Kingsdown Canada”) and Kingsdown Inc. merge in Novacap backed transaction

April 03, 2018

Montreal, April 3, 2018Novacap backed Owen & Company, a leading manufacturer of handcrafted luxury mattresses, operating in Canada primarily under the Kingsdown brand, is pleased to announce its merger with its US counterpart Kingsdown Inc., one of the most renowned mattress manufacturers in America. The transaction is supported by Novacap, a Canadian leader in private equity, though its Industries IV fund.


Antin Infrastructure Partners to Acquire FirstLight

February 21, 2018

Acquisition will further accelerate FirstLight’s growth and enhance capabilities for customers

Albany, NY – February 21, 2018 – FirstLight, a leading fiber-optic bandwidth infrastructure services provider operating in the Northeast U.S., announced today that Antin Infrastructure Partners (“Antin”) has entered into a definitive agreement under which it will acquire FirstLight from Oak Hill Capital Partners IV (“Oak Hill”). Financial terms of the transaction were not disclosed.


Novacap acquires interest in Mailhot Industries

February 16, 2018

Longueuil, February 15, 2018 – Novacap, a leading Canadian private equity firm, today announced it is acquiring interest in Mailhot Industries, a manufacturer of hydraulic cylinders renowned for technological innovation and headquartered in Saint-Jacques, Québec. All 324 employee positions at the company will be maintained, as will all management roles, and Novacap plans to invest in the company’s growth to help it expand into new markets.


Owen & Company (“Kingsdown Canada”) Completes the Strategic Acquisition of Zedbed

February 13, 2018

Montreal, February 12, 2018 – Novacap backed Owen & Company, a leading mattress manufacturer operating in Canada primarily under the Kingsdown brand, proudly announces that it has acquired Zedbed Inc., a Quebec-based manufacturer of eco-friendly memory foam mattresses, motion bases, and sleep products. This acquisition is part of an aggressive growth plan undertaken by Kingsdown Canada to increase its market penetration and broaden its luxury sleep product offerings across North America. 


NOVACAP acquires majority stake in Joseph Ribkoff, a flagship in the fashion sector

February 05, 2018

Montréal, December 6, 2017 - NOVACAP, a Canadian leader in private equity, is proud to announce that it has partnered with Joseph Ribkoff, one of Canada's leading fashion designers, present in more than 64 international markets, by acquiring a majority stake in the company. This transaction is financed by the NOVACAP Industries IV Fund, in partnership with the Fonds de solidarité FTQ, founder Joseph Ribkoff and company executives.


Appointments at Novacap

February 05, 2018

(Montréal, January 2018) : Supporting its continuing strong growth, NOVACAP, a leading Canadian private equity firm, welcomes two new partners within its teams:


Novacap TMT Enters into Definitive Agreement to Acquire Horizon Telcom

January 25, 2018

Chillicothe, OH – January 25th, 2018 – Novacap TMT (“Novacap”), one of Canada’s leading private equity firms, announced today that it has entered into a definitive agreement to acquire Horizon Telcom (“Horizon”), a premier provider of fiber-optic bandwidth infrastructure services operating primarily in Ohio. Under the terms of the agreement, Novacap will acquire the company from its current owners, which is comprised of over 280 shareholders. At the closing of the transaction, Novacap will continue to work with the existing management team and invest to grow the business throughout the region, while it continues to provide the highest quality of service to its customers.