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Oak Hill Capital Partners to Acquire Oxford Networks

July 08, 2016

Lewiston, ME July 7, 2016 – Oxford Networks (“Oxford”), a leading fiber-optic bandwidth infrastructure services provider operating in Maine, New Hampshire and Massachusetts, announced today that it has entered into a definitive agreement to be acquired by Oak Hill Capital Partners (“Oak Hill”). Under the terms of the agreement, Oak Hill will acquire the company from its current private equity owners, Novacap (“Novacap”) and Bank Street Capital Partners (“BSCP”). At the closing of the transaction, Oak Hill intends to combine the operations of Oxford with FirstLight Fiber (“FirstLight”). FirstLight is another Northeastern U.S. fiber provider for which Oak Hill announced an agreement to acquire from its current owner, Riverside Partners (“Riverside”), in March 2016, subject to prior regulatory approval. Novacap, BSCP and Riverside are expected to continue as minority partners alongside Oak Hill in the holding company for FirstLight and Oxford.


NOVACAP Announces Sale of Idaho Pacific to Arlon Group

July 07, 2016

Montreal, July 6, 2016 – NOVACAP, a Canadian leader in private equity, announced today that they have sold Idaho Pacific, a company specializing in dehydrated potato products (“IPH”) to Arlon Group (“Arlon”), a food and agriculture investment firm with a global network that supports investments across the entire food supply chain in the Americas. IPH has been a portfolio company of the NOVACAP Industries III fund since May 2011. 


NOVACAP Makes Strategic Investment in Syntax

July 06, 2016

Montreal – July 6, 2016 – NOVACAP, one of Canada's leading private equity firms, today announced that it has made a strategic investment in Syntax, a Montreal-based company that provides comprehensive technology solutions to businesses throughout North America. This investment will further accelerate the growth in Syntax's cloud offerings, including their best in class Enterprise Cloud for ERP, a unique offering that safely hosts and manages critical business applications.







NOVACAP Announces Agreement to Sell Enviro-Viridis to GFL Environmental

March 07, 2016

Montréal, February 11, 2016 – NOVACAP, a Canadian leader in private equity, and Developpement EDB Inc. today announced that they have reached an agreement to sell Enviro-Viridis Inc., a company specializing in waste management that offers vertically integrated services, and its subsidiary corporations (“CDEV”) to GFL Environmental Inc., a diversified environmental services company providing a full range of environmental services nationwide. CDEV is a portfolio company of the NOVACAP Industries III fund and the transaction is scheduled to close on March 1, 2016, subject to customary closing conditions.