MONTREAL, Aug. 6, 2020 - Novacap, one of Canada's leading private equity firms, announced today that it has acquired an interest in FortNine (fortnine.ca), a leading e-commerce platform for motorcycle, dirt bike, ATV, snowmobile and other powersports gear, accessories and parts ("FortNine").

Montreal, May 15th, 2020 – Novacap, one of Canada's leading private equity firms, and Maranon Capital, announce the sale of PKWARE Inc. (“PKWare) to Thompson Street Capital Partners, a private equity firm based in St. Louis, MO.

Based in Milwaukee, WI and founded in 1986, PKWare is a leading provider of data security software solutions. The company created the .ZIP file format and provides leading compression, encryption, and data security platform solutions to highly regulated enterprises. The Company’s flagship data security platform, Smartcrypt, enables companies to protect sensitive data, meet compliance and regulatory requirements and manage risk.

MEBANE, NC, SHAWINIGAN, QC and TORONTO, April 9, 2020 - Luxury bedding brand Kingsdown (producing also in Québec under the brand Zedbed) is shifting its regular mattress production capabilities to manufacture beds for use in health care facilities, temporary health care outposts and treatment facilities to assist during the COVID-19 pandemic. The changeover has been completed to produce hospital beds in three of the company's factories located in Mebane, North Carolina, USA, Toronto, Ontario and Shawinigan, Quebec in Canada. We estimate that 40% of our workers at the plants would be able to keep their jobs as we launch this new production.

At Novacap, we are entrepreneurs serving entrepreneurs.  We want and can help entrepreneurs and companies go through these unprecedented and challenging times.  We understand that the present market dislocations and business interruptions are creating significant headwinds for companies in managing their cash flow and operations.

We want to be part of the solution. 
 

Back-to-back acquisitions confirms the Group’s commitment to building a world-class NDT company.

Québec, Canada, February 4th, 2020 — Eddyfi/NDT, through a strategic partnership with Novacap and Caisse de dépôt et placement du Québec (“CDPQ”), announced today the acquisition of NDT Global. Headquartered in Dublin, Ireland, and with main operations in Stutensee, Germany, NDT Global is a premium ultrasonic pipeline inline inspection (“ILI”) and data analysis supplier for onshore and offshore pipelines worldwide. It delivers a full range of services including geometry and deformation inspection, metal loss and crack inspection, defect assessment and fitness for purpose investigations around the world.                                                                                                                                       

Brossard, February 2nd, 2020 - Novacap's management committee is pleased to announce the following promotions within its team:

Novacap, founders, and management shareholders will reinvest alongside new partner

Montréal, January 14th, 2020 - Novacap, one of Canada’s leading private equity firms, is proud to announce today that Bestar, one of its portfolio companies designing and manufacturing ready-to-assemble (RTA) furniture, has acquired Bush Industries, a leading American manufacturer of case goods and RTA furniture for the office and home.

Montreal, January 8th, 2020 - Novacap, one of Canada’s leading private equity firms, announces that Nitrex, one of their Québec portfolio companies, a global leading provider of fully integrated heat-treating solutions and technologies, acquired G-M Enterprises, an American based company selling internationally, specialized provider of vacuum furnaces headquartered in Corona, California.