Firm's largest ever investment vehicle brings assets under management to more than C$6 Billion, builds momentum for 40th anniversary

MONTREAL, Feb. 17, 2021 - Novacap, one of Canada's leading private equity firms, announced today the closing of Novacap TMT VI ("TMT VI" or "the Fund") at US$1.865 billion, including significant commitments from the Novacap partners and employees as well as from Novacap's Executive Fund. The Fund is the largest ever raised by Novacap.

This acquisition solidifies Pipp’s position as the preeminent Mobile Vertical Grow Rack provider for indoor vertical farming and horticulture industries

WALKER, MICHIGAN, December 10, 2020 – Pipp Horticulture (a division of Pipp Mobile Storage Systems, Inc., backed by Novacap) (“Pipp”), the leading provider of space‐saving, multi‐level mobile cultivation systems, announced today that it has acquired Vertical Air Solutions LLC (“VAS”). Based in Santa Cruz, California, VAS is a leader in providing air circulation systems and related products to the global indoor vertical farming industry.

Transaction brings Logibec back to Canadian ownership

MONTREAL, December 2, 2020 – Novacap, one of Canada's leading private equity firms, in partnership with Investissement Québec, today announced that it has acquired Logibec, a Montreal-based healthcare software company. The transaction brings back Logibec to Canadian ownership.

MONTREAL, Dec. 01, 2020 -- Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), o the global payment technology partner of thriving brands, today announced it has entered into a purchase agreement to acquire substantially all of the assets of Base Commerce, LLC (“Base”), a leading provider of integrated payment solutions. The transaction is expected to close on or about December 31, 2020, subject to customary closing conditions.

Master diversifies its offerings and obtains expertise in the electric motor sector

MONTREAL, November 10th, 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 Alberta-based Soper’s Supply Ltd. (“Soper’s”). Soper’s specializes in the sale and distribution of electric motors, fans, blowers, and pumps and is one of Canada's largest distributors of HVAC-R motors. Soper's services Western Canada from their branches in Winnipeg, Edmonton, Calgary, Surrey and Vancouver.

Acquisition creates one of the largest alternative payment method solution providers in the world

MONTREAL and AMSTERDAM, November 2, 2020 – Nuvei Corporation (“Nuvei” or the “Company”) (TSX: NVEI and NVEI.U), the global payment technology partner of thriving brands, today announced it has completed the previously announced acquisition of Smart2Pay Global Services B.V. (“Smart2Pay”).

(no English version available) Un article rédigé par Jean-Philippe Décarie de La Presse

Après avoir participé à la création de géants industriels et technologiques québécois tels que Knowlton Development Corporation, IPL et Nuvei, la firme d’investissement privée Novacap s’attaque maintenant au secteur financier, pour lequel elle a mis sur pied un fonds de 500 millions qui a déjà investi dans trois entreprises avec l’objectif d’en faire des consolidateurs dans leur marché respectif.

MONTREAL, October 5, 2020 - Novacap, one of Canada's leading private equity firms, announced that it acquired an interest in AGA Financial Group Inc. (“AGA”), one of Quebec’s leading employee benefits advisory firms and third-party administrators of group insurance and retirement plans.

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.

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.