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.
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, 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.
Eddyfi Technologies, a label designed to maximize the potential of multiple NDT inspection technology brands. The transaction aims to strengthen the group’s position in the oil & gas industry, and brings an additional portfolio of products and technologies to the company.
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.
Knowlton Development Corp. is a contract manufacturer and custom formulator for the consumer goods industry in Canada and internationally. It offers personal cleansing, body and facial care, fragrance, men’s grooming, hair care and styling, and household care products.
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.
Mailhot Industries, Inc. designs and manufactures hydraulic cylinders. It offers a line of rod and telescopic hydraulic cylinders, remanufactured products, and replacement parts. The company also provides repair and installation services, such as cylinder repair, installation on a dump truck, and exchange programs; and small lot production services. It serves construction, environment, mining, and snow removal industries. The company was founded in 1956 and is based in Terrebonne, Canada.
JOSEPH RIBKOFF INC is a Canadian fashion company that specializes in designing, producing, and distributing women's dresses, including collections for resort, cruise, office, formal, and eveningwear. Founded in 1957 and headquartered in Dorval, Canada, the company has established itself as a leader in the fashion industry, innovating to meet the diverse needs of modern women. With a presence in over 64 international markets, JOSEPH RIBKOFF INC has built a reputation for setting trends and creating collections that cater to busy lifestyles. The company retails its products through a network of distributors globally, maintaining a commitment to quality and style in its offerings.
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.
Intelerad provides medical imaging business solutions and services for radiology groups, hospitals, imaging centers, and teleradiology businesses. Their vision is to make a difference in healthcare. Their creative approach to technology continuously breaks new ground with smart architectures, effective workflows, and seamless integration, so that you can do more.
Syntax has been providing comprehensive technology solutions to businesses of all sizes throughout North America. Syntax delivers the best combination of software, infrastructure, and cloud solutions to meet the needs of its diverse range of customers. Syntax partners include Oracle, IBM and other world-class technology leaders. Founded in 1972.
The GTI Group offers precision turnkey logistics solutions through dedicated divisions for overdimensional transportation, global freight/project cargo, North American FTL and LTL and warehousing/shipment packaging. Working independently or together, GTI's divisions have the resources, specialists, facilities and strategic network to meet 100% of your distribution requirements. Simply put, The GTI Group is the only logistics provider you will ever need.
Fibrenoire specializes exclusively in fiber optic internet connections and fiber optic private network services for companies in Quebec and Ontario. The company operates an IP NGN Carrier Ethernet network with over 3000km of fiber in Québec and Ontario.
Fibrenoire also offers its clients a sales engineering approach, which guarantees quality of execution. It was founded in 2007.
Synergx Technologies Inc. specializes in distributing automated optical inspection systems tailored for the glass processing industry. The company's product lineup includes SURFX, an in-process transmission surface inspection system; DIMX, an automated non-contact dimensional measurement system; CURVE, a surface and paint inspection system; and EDGE, a non-contact, inline real-time inspection system. In addition to its inspection products, Synergx provides a range of support services such as system installation and commissioning, remote troubleshooting, preventive maintenance, training, calibration, performance auditing, and site visits. The company serves various sectors, including automotive, solar, appliance, bottling, and architectural glass industries, helping clients enhance production efficiency and manage quality control. Founded in 2004, Synergx Technologies is based in Laval, Canada.
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.
Nautilus Plus Inc. owns and operates a network of fitness facilities in Canada. The company offers various specialized fitness and nutrition programs for weight loss and fitness. It also provides group classes on absolution, athletic circuit, boot camp, cardio buttocks and thighs, cardio dance and intervals, cardio kick boxing and toning, group cycling, pilates, piloxing, plyoga, step, toning, yoga, yoga-ball, yogalates, Zumba, Zumba toning, and Zumba Step, as well as abdominals, buttocks, and thighs. The company was founded in 1978 and is based in St-Hubert, Canada.
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.
LiquidxStream Systems
Acquisition in 2005
LiquidXstream Systems Inc. develops and manufactures edge access technology systems for broadband cable service provides. The company offers LxS-3616, a product architecture that provides service providers a way to architect the network edge.
Demers Ambulances is an ambulance manufacturer and second in North America. Recognized as a leader in innovative products that meet and exceed the expectations of medical emergency specialists around the world, Demers Ambulances is accredited by Transport Canada and is recognized as a “Qualified Vehicle Modifiers” (QVM) by Ford, holds the US National Truck Equipment Association (NTEA) Member Verification Program (MVP) certification.
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.
Royal Mat, Inc. manufactures recycled rubber products. It recycles scrap car and truck tires. The company provides various rubber mats, including ergonomic horse stall mats, dairy cow mats, mud flaps, and floor insulating panels for residential, commercial, or industrial use. Its products are used in dairy farms, equestrian centers, sound insulation specialists, and fitness flooring companies. The company provides its products for various dairy applications, such as free stalls or tie stalls barns, waiting areas, milking parlors, stalls, and alleys and circulating corridors; industrial applications, including work stations, garages, warehouses, plants, basements, metal staircases, and metal scaffolds; equestrian applications, such as training rings, barns and stables, alleys, and trailers; sports applications, including ice rinks, ski resorts, fitness centers, training centers, playgrounds, and locker rooms; construction and transport applications; and marine applications, such as boat decks and bridges, boat freezers and storage rooms, engine rooms, and work areas. It offers its products through a network of distributors in Canada, England, and the United States, as well as in Europe. The company was founded in 1983 and is headquartered in Beauceville, Canada.
Manufacturer of cast aluminum residential outdoor lighting fixtures focused on outdoor residential and commercial segments. The company offers garden lighting, mailboxes, house numbers and a host of related accessories, enabling customers to get access to standard lighting facilities at cost-effective prices.
CorActive High-Tech Inc. develops and manufactures specialty optical fiber products. The company provides active fibers for high-power amplifier and laser applications; passive fibers for components and laser beam delivery applications; original equipment manufacturer (OEM) modules and sub-assemblies, including optical modules and sub-assemblies; attenuating fibers for DWDM, CATV, and other telecom applications; photosensitive fibers for photosensitivity requirements; and infrared transmission optical fibers. It offers products for OEM customers serving the industrial laser, telecom, defense and aerospace, sensing and environmental, medical, and scientific markets. The company has a strategic partnership with INO. CorActive High-Tech Inc. was founded in 1998 and is based in Quebec, Canada. As of November 3, 2016, CorActive High-Tech Inc. operates as a subsidiary of Han's Laser Technology.
Groupe Bertec Inc. develops and manufactures hospital beds and other medical equipment. The company was founded in 1986 and is based in L'Islet, Canada. Groupe Bertec Inc. operates as a subsidiary of Stryker Corporation.
MAAX Bath Inc. specializes in designing and manufacturing bathroom products for the residential housing market in Canada and the United States. Founded in 1969 and based in Lachine, Canada, the company provides a diverse range of offerings, including bathtubs, showers, shower doors, bath ware, tub showers, glass shower doors, and shower bases. MAAX caters to building professionals, designers, showroom dealers, and homeowners, emphasizing unique style, lasting quality, and practical solutions. The company is committed to meeting rigorous quality and durability standards while offering a variety of product shapes, sizes, styles, and price points. As of January 31, 2017, MAAX operates as a subsidiary of American Bath Group, LLC and has customer service centers and points of sale across North America.
Stablex Canada is a leading provider of hazardous waste and contaminated soil disposal and treatment services in North America, located in Blainville, Canada. The company specializes in treating and stabilizing inorganic industrial waste and contaminated soil, transforming them into a non-leachable, concrete-like material. Stablex Canada is equipped to handle challenging materials such as cyanides, mercury compounds, strong acids, lab packs, and contaminated debris, ensuring safe and effective processing of hard-to-treat waste.
RCR International Inc., founded in 1946 and based in Boucherville, Canada, is a prominent manufacturer and distributor of a wide range of home improvement products. The company specializes in weather-stripping solutions, insulation components, floor protection products, and squeegees, catering to both professional contractors and do-it-yourself enthusiasts. Its product offerings include door bottoms, jambs, thresholds, insulating films, and various floor coverings such as carpets and mats. RCR also provides air hoses, gardening tools, cleaning products, and a variety of insulation wraps and sealants. With a portfolio of over 2,000 items, the company sells its products through a network of distributors and retailers across Canada and internationally, including the U.S. through its subsidiary, W.J. Dennis. RCR International is recognized for its innovative contributions to the door and window insulation market.
Security has built a reputation as one of the most trusted suppliers of quality chimneys, focusing on the research and development of new products and services for the residential and commercial markets. With a 104,800 square-foot manufacturing facility in Laval, Quebec, it is fully equipped to supply its customers with fully certified products to meet their venting needs.