LONGUEUIL, Quebec, January 5, 2017 – NOVACAP, one of Canada’s leading private equity firms, is pleased to announce the sale of its portfolio company Oxford Networks (“Oxford”), a leading fiber-optic bandwidth infrastructure services provider operating in Maine, New Hampshire and Massachusetts, to Oak Hill Capital Partners (“Oak Hill”). Financial terms of the transaction are not being disclosed.

Montreal, Canada – October 25, 2016 – Intelerad Medical Systems™, the leader in enterprise workflows, specializing in diagnostic viewing, reporting, and collaboration solutions for hospitals, imaging centers and reading groups, today announced the appointment of Christian Bazinet as Chief Operating Officer, and Michel Desgagné as Chief Customer Officer. 

Toronto, July 26, 2016 – NOVACAP, one of Canada’s leading private equity firms, today announced that it has made a strategic investment in Firmex, the fastest growing provider of virtual data rooms and platform for secure document sharing. 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 will work with Firmex to continue to expand the company’s product offerings and accelerate its growth, both organically and through acquisitions. Joel Lessem, who co-founded the company in 2006, will continue to serve as Chief Executive Officer and, along with existing management, own a significant interest in the company.

With over $1.6 billion in assets under management, Novacap is one of Canada’s leading private equity firms. Since 1981, its partnership strategy has helped over 75 companies accelerate growth and maximize value.

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.

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.

With over $1.6 billion in assets under management, Novacap is one of Canada’s leading private equity firms. Since 1981, its partnership strategy has helped over 75 companies accelerate growth and maximize value.

The “hat trick” makes Novacap the first ever Canadian Private Equity firm to win the award three times

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