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NOVACAP Makes Strategic Investment to Accelerate Intelerad’s Growth

February 02, 2016

Montreal, Canada – February 2, 2016 – NOVACAP, one of Canada's leading private equity firms, today announced that it has finalized a significant investment in Intelerad Medical Systems™ Incorporated, a leader in cross-enterprise medical imaging solutions, headquartered in Montreal, Canada. The transaction is being financed through the NOVACAP TMT IV Fund, which specializes in partnering with exceptional companies that have high growth potential in the technology, media and telecommunications sectors.



NOVACAP Purchases Remaining Stake of Host.net, CEO Retires

December 04, 2015

Boca Raton, FL (PRWEB) December 3, 2015 – BroadbandOne, LLC doing business as Host.net, a South Florida based leading provider of Managed Infrastructure Services focusing on Colocation, Cloud Computing, Virtualization and Storage announced today that its majority owner NOVACAP TMT Group, purchased the remaining equity stake from a group of shareholders led by Mr. Jeffrey Davis, Co-Founder and Chief Executive Officer. Concurrent with this purchase, Mr. Davis announced that he will retire as the Company’s CEO.





Oxford Networks and BayRing Communications Announce Strategic Growth Plan Oxford Networks and BayRing Communications to Merge

June 05, 2015

Portsmouth, New Hampshire, Lewiston, Maine - Oxford Networks and BayRing Communications announced today that the two companies have agreed to merge. The combined entity will be the largest competitive telecommunications provider headquartered in Northern New England. The new organization will operate approximately 2,000 route miles of high-capacity fiber optic network providing access to nearly 50,000 commercial buildings, four robust SOC 2 (Service Organization Control) data centers, and direct access to all other major hub data centers throughout Maine, New Hampshire and Massachusetts.  The merger provides an outstanding strategic fit as Oxford has a solid footprint in Maine, while BayRing has a strong market presence in Southern Maine, New Hampshire and Massachusetts.