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News

Intelerad Wins Category Leader Award in Global Best in KLAS Report

January 31, 2017

Award caps off a 12-month period in which Intelerad received high marks 

Montreal, Canada – January 31, 2017 – Intelerad Medical Systems™, a leader in enterprise workflow solutions, has been recognized in the 2017 Best in KLAS: Global Software (Non-US) report as the Category Leader for Global PACS in Canada. 



PKWARE Announces Partnership with Tevora

January 17, 2017

MILWAUKEE, Jan. 17, 2017 /PRNewswire/ -- PKWARE, a global leader in encryption software, and California-based Tevora announced a new partnership. Under the agreement Tevora will resell the Smartcrypt product suite, and PKWARE will leverage their professional services for assessments, design, configuration and implementation.


NOVACAP announces the sale of Oxford Networks to Oak Hill Capital Partners

January 05, 2017

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.



KDC announces the acquisition of Thibiant International, Inc.

November 16, 2016

Montreal, November 16, 2016Knowlton Development Corporation ("KDC"), a leading contract manufacturer of health and beauty-care products with its head office in Longueuil, Quebec, announces the acquisition of Thibiant International, Inc. ("Thibiant"). Thibiant, located in California, formulates and manufactures personal and skin care products, and offers product development services, innovation R&D, quality and compliance assurance services, and manufacturing solutions for the production of beauty and skin care product brands. Thibiant has 285 full-time employees in modern facilities extending over 330,000 square feet.


Intelerad Appoints New Chief Operating Officer and Chief Customer Officer

October 25, 2016

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. 


NOVACAP Invests in Firmex to Accelerate Growth

July 26, 2016

Toronto, July 26, 2016NOVACAP, 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.



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.