NOVACAP announces the acquisition of Hallcon Corporation
October 07, 2015
MONTRÉAL, August 4, 2015 – NOVACAP, a Canadian leader in private equity, today announced the acquisition of Hallcon Corporation, a leading provider of specialty outsourced services to the railway and transit sectors in North America, based in Toronto. The transaction is carried out through its NOVACAP Industries IV Fund, in partnership with Hallcon’s management team, Export Development Canada (EDC), BMO Capital Partners and other institutional partners. Hallcon’s senior management team will continue in their current roles with the company.