Nouvelles et évènements

News

NOVACAP COMPLETES FIRST MAJOR CONTINUATION VEHICLE TRANSACTION IN CANADA

October 13, 2021

Novacap, a leading North American private equity firm, today announced that it has successfully closed the first major private equity continuation vehicle in Canada. Novacap’s TMT VI Fund and the continuation vehicle, whose lead investor is the Vintage Funds within Goldman Sachs Asset Management, acquired a controlling interest in Montreal-based Syntax Systems Group Inc. (Syntax) from Novacap TMT IV and Novacap TMT V, along with other shareholders. Credit Suisse assisted in the private offering of the continuation vehicle.


AGA Benefit Solutions acquires PPI Benefits, expands nationwide

October 05, 2021

AGA Benefit Solutions, in partnership with Novacap, is pleased to announce the acquisition of PPI Benefits, including its subsidiaries Agile Benefits and BenefitsMyWay. PPI Benefits was a subsidiary of PPI, a leading national insurance marketing organization and subsidiary of iA Financial Group.

 


NOVACAP ANNOUNCES FINAL CLOSING OF CANADA’S FIRST PE FUND SPECIALIZING IN THE FINANCIAL SERVICES INDUSTRY

September 30, 2021

MONTREAL, QC, September 30th, 2021 - Novacap, a leading North American private equity firm, today announced the final closing of the firm’s very first fund dedicated entirely to financial services. The fund raised an astounding C$417 million from institutional investors, family offices and high net worth investors.  Trans-Canada Capital, one of the country’s leading investment management firms, acted as the lead investor.



Wagner Bujold Leduc Benefits+Actuarial (WBL) and AGA Benefit Solutions join forces

September 09, 2021

Wagner Bujold Leduc Benefits+Actuarial (WBL), a Quebec City company specializing in group insurance and actuarial services, and AGA Benefit Solutions, the Quebec leader in the development and administration of customized group insurance plans, are joining forces. The new group will be capitalizing on WBL's in-depth brokerage and analysis experience combined with AGA's exclusive and innovative products and services to develop new markets across Canada.



Eddyfi/NDT enters into an agreement to acquire Zetec from Roper Technologies

August 10, 2021

Québec, Canada, August 10, 2021 — Eddyfi/NDT announces today that it has entered into a definitive agreement to acquire Zetec, a subsidiary of Roper Technologies, Inc.
(NYSE: ROP). The transaction is expected to close at the end of the year and is subject to customary closing conditions and approvals.


Novacap Acquires Majority Interest in Canadian Outdoor Living Supplier, Multy Home

July 13, 2021

MONTREAL, Canada, July 13, 2021 – Novacap, one of Canada's leading private equity firms, today announced it has acquired a controlling interest in Multy Home, an Ontario-based global manufacturer of outdoor living and functional flooring products for the home and commercial spaces. With a clear vision for the future of Multy Home, Novacap intends to leverage the brand’s unique approach to sustainable development as a means to elevate the company’s comprehensive portfolio of innovative products, further positioning Multy Home as an industry leader and expanding its global footprint.


Canada Diagnostic Centres and Novacap partner to accelerate the national expansion of one of Canada's largest medical imaging groups

July 06, 2021

MONTREAL, July 6, 2021 /CNW Telbec/ - Novacap, one of Canada's leading private equity firms, today announced it has invested in Canada Diagnostic Centres (CDC), an Alberta-based provider of medical imaging services, and one of the largest companies of its kind in Canada. Novacap intends to support CDC's goal to expand its services from coast to coast, reinforcing their reputation as a leading diagnostic imaging provider in Canada. 


Syntax Acquires Illumiti to Expand Global SAP Functional Practice in North America

June 22, 2021

The SAP systems integration and management consultancy will join forces with Syntax to form one of the foremost SAP practices worldwide

MONTREAL, June 22, 2021 /PRNewswire/ -- Syntax, the leading multi-cloud and multi-ERP managed cloud provider for mission-critical applications, today announced its acquisition of Illumiti. Headquartered in Toronto, Illumiti is one of the preeminent SAP systems integration and management consultancies in North America, and an SAP Platinum Partner. By joining forces, Syntax and Illumiti are able to offer companies unparalleled, end-to-end technical and functional SAP solutions and expertise. Syntax is a portfolio company of Novacap, a Montreal-based private equity firm.