Nouvelles et évènements

News

Novacap Portfolio Company, The Master Group Acquires Ontario Manufacturers' Representative EFI Concepts

October 01, 2020

This alliance embodies the company's commitment to offering services covering the full spectrum of HVAC-R solutions.

MONTREAL, October 1, 2020 – Novacap is pleased to announce that its portfolio company, The Master Group, the most important independent distributor of heating, ventilation, air conditioning and refrigeration products (CVCA-R) in Canada has completed the acquisition of EFI Concepts. Specializing in the application of products used for mechanical heating, ventilation and air conditioning in industrial, institutional and environmental business solutions applications, EFI Concepts is a leader in their field, based in Ontario with head office in Toronto and a branch office in Ancaster.

 


NOVACAP PORTFOLIO COMPANY NUVEI CORPORATION COMPLETES US$833 MILLION INITIAL PUBLIC OFFERING AND CONCURRENT PRIVATE PLACEMENT

September 22, 2020

Listing is the largest technology IPO by both equity capital raised and market capitalization at the time of listing in TSX history

MONTREAL, September 22, 2020 – Novacap, one of Canada's leading private equity firms, announced today that portfolio company Nuvei Corporation (TSX: NVEI), a global payment technology provider, closed its US$833 million initial public offering on the Toronto Stock Exchange and concurrent private placement.

 


Novacap To Acquire Interest in GroupAssur

September 15, 2020

MONTREAL, September 15, 2020 - Novacap, one of Canada's leading private equity firms, announced today that it has entered into a definitive agreement for the acquisition of a majority interest in GroupAssur Inc., a Canadian managing general agent ("MGA") specializing in the Property and Casualty ("P&C") insurance lines, and offering distinctive insurance products across Canada. 

 


Novacap Acquires Interest in Optiom

September 14, 2020

MONTREAL, September 14, 2020 - Novacap, one of Canada's leading private equity firms, announced today that it acquired a majority interest in Optiom Inc. ("Optiom"), a leading specialty insurance managing general underwriter ("MGU") and provider of vehicle replacement coverage.


NOTICE OF APPOINTMENT - Gordon Hargraves, Senior Partner, Investor Relations & Strategy

August 17, 2020

Novacap Announces Appointment of Gordon Hargraves, Former Partner with Private Advisors (PA Capital), as Senior Partner, Investor Relations & Strategy. 

MONTREAL, August 17, 2020 - Pascal Tremblay, President and Managing Partner, NOVACAP, today announced the appointment of Gordon Hargraves, former Partner with Private Advisors (PA Capital), as Senior Partner, Investor Relations & Strategy. 


Noble Foods Nutrition Acquires the Co-Packing Activities of Betty Lou's, Inc.

August 06, 2020

MONTREAL, August 6, 2020 - Noble Foods Nutrition Inc., a leading nutrition and energy bar contract manufacturer based in Montréal, today announces that it has acquired the co-packing activities of Betty Lou's, Inc., a leading bar manufacturer, located in McMinnville, Oregon. Noble Foods is excited to join its 20 years of bar manufacturing know-how with Betty Lou's 42 years of experience in order to establish its foothold as a leading medium-sized bar manufacturer in North America.


Novacap Acquires Interest in FortNine

August 06, 2020

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").


NOVACAP AND MARANON CAPITAL SELL PKWARE TO THOMPSON STREET CAPITAL PARTNERS

May 15, 2020

MONTREAL, May 15, 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.


KINGSDOWN GROUP CONVERTED THREE OF ITS PLANTS INTO A MANUFACTURER OF HOSPITAL BEDS TO ASSIST DURING COVID-19 PANDEMIC

April 09, 2020

MEBANE, NC, and 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.


Our Response to COVID-19

April 03, 2020

MONTREAL and TORONTO, April 3, 2020 - 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.