Novacap

Novacap Investments, Inc. is a Canadian private equity and venture capital firm established in 1981, with a headquarters in Montreal and additional offices in Toronto and Brossard. The firm specializes in investing in mid-market companies across North America, particularly in sectors such as technology, media, telecommunications, consumer products, healthcare, and financial services. Novacap typically targets companies with revenues between $10 million and $300 million, enterprise values of $50 million to $350 million, and a minimum EBITDA of $3 million, often seeking majority stakes. With $2.8 billion in assets under management, Novacap employs a hands-on investment strategy that combines operational expertise with active partnerships with entrepreneurs to foster growth and create long-term value in its portfolio companies.

Marc Beauchamp

Founder and Chairman

Stéphane Bergeron

VICE-PRÉSIDENT PRINCIPAL, FINANCEMENT

Stéphane Blanchet

CHEF DE LA DIRECTION FINANCIÈRE

Claude Bourque

Senior Partner

David Brassard

VICE-PRÉSIDENT PRINCIPAL

Jamie Cartwright

VICE-PRÉSIDENT PRINCIPAL

Antoine Casimir Jr.

Principal

Kevin Chan

Senior Associate

David Crouch

Senior Partner

Timothée Dandurand

VICE-PRÉSIDENT

Benjamin Desmarais

Partner

Éric Desrosiers

ASSOCIÉ SENIOR

François Duchesneau

Director, Finance and Administration

Jacques Foisy

Chairman of the Board & Managing Partner

Jean-Philippe Garant

VICE-PRÉSIDENT

Gordon Hargraves

Senior Partner, Strategy and Investor Relations

Yong Kwon

Partner

Marc-Antoine Lachance

Vice President, Investments

François Laflamme

Senior Partner

Martin Lavallée

Financial Director

David Lewin

ASSOCIÉ SENIOR

Philippe Martin

VICE-PRÉSIDENT PRINCIPAL

Ted Mocarski

Senior Partner

Thadeus Mocarski

Senior Partner

Kasra Moozar

Principal

Samuel Nasso

VICE-PRÉSIDENT PRINCIPAL

Marc Paiement

Senior Partner

Frederick Perrault

Senior Partner

Jean-François Routhier

ASSOCIÉ SENIOR

Heather Shantora

VICE-PRÉSIDENTE PRINCIPALE

Kristin Smith

Partner

Pascal Tremblay

President, Chief Executive Officer & Managing Partner

Alexandra Troubetzkoy

Communications and Marketing Director

Kristian Valenta

VICE-PRÉSIDENT

Jonathan Valeriati

GESTIONNAIRE

Etienne Veilleux

Senior Partner

Anastassia Volkova

Principal

Past deals in Montreal

Logibec

Acquisition in 2020
Logibec Inc. specializes in developing and delivering software solutions tailored for healthcare facilities and social service agencies across North America. Founded in 1982 and headquartered in Montreal, the company offers a range of products designed to enhance administrative management, clinical workflows, and business intelligence. Key offerings include eClinibase for ambulatory care management, AI-driven tools to reduce patient readmissions and optimize resource management, and various applications for financial performance and scheduling in hospitals. Additionally, Logibec provides consulting, implementation, and IT project services to ensure effective system integration and training. With over 30 years of experience, Logibec is dedicated to improving health services and operational efficiencies within the healthcare sector.

Revau

Acquisition in 2020
Revau, also known as GroupAssur Inc., is a managing general agent based in Montreal, Canada. Founded in 1993, the company specializes in providing underwriting services for complex insurance policies. It serves a diverse clientele, including brokers and customers across Canada, by partnering with Canadian insurance carriers, international insurance carriers, and Lloyd's of London insurance syndicates. With additional offices in Quebec City, Brossard, and Markham, Revau is positioned to meet specialized insurance needs effectively.

Nuvei

Private Equity Round in 2019
Nuvei Corporation is a financial services company that specializes in providing payment technology solutions to merchants and partners across North America, Europe, the Asia Pacific, and Latin America. Established in 2003 and headquartered in Montreal, Canada, Nuvei offers a comprehensive Native Commerce Platform that facilitates payment acceptance across various channels, including mobile, online, unattended, and in-store environments. The company caters to a diverse clientele, including independent sales agents, e-commerce resellers, independent software vendors, and payment facilitators. With a focus on delivering innovative payment processing solutions, Nuvei plays a significant role in supporting the operational needs of retailers and enhancing the payment experience for consumers.

Noble Foods

Private Equity Round in 2018
Noble Foods is a manufacturer of nutrition and energy bars with an impeccable reputation that has been forged from many years of relentless customer service delivered directly by the three owners themselves. The most trusted brands in North-America rely on Noble Foods manufacturing expertise due to its customer responsiveness, reasonable minimum order quantities and the direct access to the owners of the company, who are so hands on in the process. The Company has over 100 dedicated employees at its plant in Montreal that are key to its success.

Nuvei

Venture Round in 2017
Nuvei Corporation is a financial services company that specializes in providing payment technology solutions to merchants and partners across North America, Europe, the Asia Pacific, and Latin America. Established in 2003 and headquartered in Montreal, Canada, Nuvei offers a comprehensive Native Commerce Platform that facilitates payment acceptance across various channels, including mobile, online, unattended, and in-store environments. The company caters to a diverse clientele, including independent sales agents, e-commerce resellers, independent software vendors, and payment facilitators. With a focus on delivering innovative payment processing solutions, Nuvei plays a significant role in supporting the operational needs of retailers and enhancing the payment experience for consumers.

Chemical Computing Group

Acquisition in 2011
Chemical Computing Group, Inc., a software company, provides drug discovery applications to pharmaceutical, biotech, and academic researchers. It offers Molecular Operating Environment, an integrated drug discovery software package; and PSILO, a structure database and visualization system that provides consolidated repository for macromolecular and protein-ligand structural information. The company’s products and services are used by biologists, medicinal chemists, and computational chemists worldwide. Chemical Computing Group, Inc. was founded in 1994 and is based in Montreal, Canada with additional offices in North America, Germany, and the United Kingdom.

IPL Plastics

Acquisition in 2010
IPL Plastics Inc. is a prominent manufacturer of rigid plastic packaging solutions, serving various markets such as food, consumer goods, agriculture, and environmental sectors. The company operates through three key segments: Large Format Packaging and Environmental Solutions, Consumer Packaging Solutions, and Returnable Packaging Solutions. The Large Format segment produces a variety of containers, pails, and crates tailored for food, retail, and industrial applications, as well as waste collection and recycling products for municipalities and waste haulers. The Consumer Packaging segment specializes in thin-wall injection molded containers and custom packaging for both branded and private label products. The Returnable Packaging segment focuses on bulk containers used in agriculture and automotive logistics, along with reusable containers and temporary flooring solutions for diverse industries, including construction and entertainment. Founded in 1939 and headquartered in Montreal, Canada, IPL Plastics has multiple production facilities, including operations in the United States, the United Kingdom, and Ireland.

Stingray

Acquisition in 2007
Stingray Digital is a Montreal-based Canadian media and entertainment company that focuses on digital media, particularly in music broadcasting and distribution. The company offers a variety of services, including The Karaoke Channel, which provides licensed karaoke content, and Stingray Music, a distributor of re-recorded music. Additionally, Stingray360 delivers copyright-cleared subscription music services tailored for business environments, while Concert TV offers video-on-demand content. The Galaxie service provides digital pay TV audio programming, operated on behalf of CBC/Radio-Canada. Stingray broadcasts music and video content across multiple platforms, including radio, premium television channels, digital TV, satellite TV, IPTV, the Internet, mobile devices, and game consoles. Its primary revenue comes from broadcasting and commercial music segments, which encompass music and video broadcasts, digital signage, and subscription services.

Octasic

Series B in 2002
Octasic is a semiconductor and technology company specializing in two key markets: - Wireless base stations - Media gateways. Octasic’s objective is to help their customers deliver winning products to market more quickly, with less investment, and lower risk. Established in 1998, Octasic is headquartered in Montreal, Canada, with R&D in Canada and India, and worldwide sales support. Over their 15-plus years of existence, Octasic has developed and maintained key partnerships with many of the leading Tier-1 telecommunications and government OEMs worldwide.