Novacap
Private equityBrossard · Growth–Late Stage · 1 people tracked
Also known as NOVACAP MANAGEMENT FINANCIAL SERVICES INC. · NOVACAP MANAGEMENT US INC.
Investment thesis
Novacap positions itself as a long-standing partner to ambitious entrepreneurs, drawing on more than four decades of experience since 1981. The firm concentrates on mid-market buyouts, aiming to drive growth and build durable, long-term value across its portfolio. It emphasizes an equitable partnership approach, decisive advisory support, and entrepreneurial vigor to unlock untapped potential. With operations spanning offices in Montreal, Toronto, and New York, Novacap has partnered with more than 120 companies and completed over 200 add-on acquisitions, reflecting a buy-and-build strategy focused on transforming opportunities into meaningful progress and exceptional value.
Source: firm website, verified Aug 25, 2026.
Team · 1 people
from public directories
What they invest in
from 13 of 57 portfolio companiesSaaS ×5Advanced Manufacturing ×4Healthtech ×4Hardware ×3AI & Machine Learning ×2Digital Health ×2Enterprise Software ×2Fintech ×2
HQs:Canada×6United States×1
Investments · 57 tracked
founders shown can be your intro pathGroupe Meloche is a Quebec-based company in the aerospace supply chain that manufactures precision components and is expanding through acquisitions such as Groupe Rossi Aéro.
Advanced ManufacturingDefense TechHardwareBrossard, CA
Real estate technology and services provider.
Benefit solutions firm serving clients across Canada since 1978.
Co-investorsTA Associates
Telecommunications services provider operating since 1912.
Alliance Solution Group provides packaging, design, and warehousing services to businesses.
Advanced ManufacturingLogistics & Supply Chain
Connects the TV advertising ecosystem for advertisers and publishers.
Canada Diagnostic Centres is a radiology and medical imaging provider operating clinics staffed by radiologists, offering diagnostic imaging services to patients and referring physicians.
Digital HealthHealthtechMedical Devices
COFOMO is a digital services consultancy offering strategic advice, solution architecture, and operational support to help organizations carry out digital transformation and artificial intelligence projects.
AI & Machine LearningEnterprise SoftwareSaaS
Communications tower operator founded in 2015.
Montreal-based insurance specialist founded in 2013.
Company formed from the combined strengths of two firms.
Foliot is a contract furniture manufacturer that designs, engineers, and produces commercial furniture in-house for spaces such as student housing, hospitality, community living, staff housing, maritime, and government facilities.
Advanced ManufacturingHardware
Designs and manufactures furnishings for hospitality and educational housing.
E-commerce platform serving powersports enthusiasts.
A leading Canadian value-added pet supplies company founded in 2001.
Canadian value-added pet supplies company founded in 2001.
Provides high-speed fiber and fixed wireless internet services.
Montreal-based company specializing in design and development of electrical products.
One of Quebec's leading hearing care providers, founded in 1985.
Freight company revolutionizing the future of freight.
Extracts clinical, financial and administrative data; operating since 2006.
Facilities-based fiber-optic broadband provider based in Ohio.
Data center joint venture with H5 Data Centers.
Data center joint venture between Novacap and partners.
Leader in Next Generation 911 development, founded in 1995.
Integral Ad Science provides advertising verification and quality assurance solutions for digital advertisers and platforms.
AdTechAI & Machine LearningData & InfrastructureMarketing TechNew York, US
Lidiane Jones(Chief Executive Officer)Amit Chaturvedi(Chief Operating Officer)Srishti Gupta(Chief Product Officer)Thomas Joseph(Chief Technology Officer)Lisa Nadler(Chief Human Resources Officer)Yossi Almani(Chief Legal Officer)
Co-investorsAccompliceAugust CapitalCross Creek AdvisorsFounder CollectiveGolub GrowthLobby Capital+2 more
InVita Health develops software for managing human biologics workflows across blood, organ, eye, and tissue donation, transplantation, and tissue/implant lifecycle management.
HealthtechMedical DevicesSaaS
Designs classic and contemporary women's garments.
Largest independent mattress manufacturer, founded in 1904.
Full-service actuarial firm established in 1968.
LGI Healthcare Solutions develops software for the healthcare sector, including clinical, human capital, emergency, financial, and complementary solutions, with a focus on areas such as workforce scheduling and staff management for hospitals, long-term care, and other health facilities.
Digital HealthHealthtechSaaS
North American leader in hydraulic cylinder manufacturing since 1956.
Mailhot Industries manufactures hydraulic cylinders designed for demanding and extreme operating conditions, serving industries such as waste management, mining, and trucking.
Advanced ManufacturingHardwareLogistics & Supply ChainQuébec, CA
MAK-SYSTEM develops healthcare software for managing blood, plasma, tissue, and cell products from donation through clinical application, serving hospitals, blood and plasma centres, and pharma/biotech cell therapy providers.
Cloud ComputingHealthtechSaaS
Leader in heating, ventilation and air conditioning distribution.
Global manufacturer of outdoor living products.
NDT Global provides ultrasonic, magnetic flux leakage, and acoustic resonance inspection technologies to help pipeline operators assess asset integrity, detect defects, and manage infrastructure health throughout its operational lifecycle.
EnergyIoT
Co-investorsKensington Capital Partners Limited
Global provider of fully integrated heat-treating solutions.
Nuvei builds payment infrastructure that enables businesses to accept payments, process payouts, issue cards, and manage treasury and foreign exchange needs across 190+ countries.
Enterprise SoftwareFintechMontreal, CA
Phil Fayer(Chairman and Chief Executive Officer)Jocelyne Gagnon(Executive Officer)Edi Kadashev(Executive Officer)Yuval Ziv(Executive Officer)Edward Garcia(Executive Officer)Max Attias(Executive Officer)
Co-investorsKensington Capital Partners Limited
Provider known for a strong reputation in professional service.
Designer of space-efficient mobile storage systems since 1981.
Plusgrade provides white-label ancillary revenue solutions for airlines, rail, cruise, and hospitality brands, letting travelers bid for or purchase upgrades, extra seat space, priority services, and stay extensions.
FintechSaaSTravel & HospitalityMontreal, CA
Co-investorsGeneral AtlanticLa CaisseTA Associates
Fast-growing innovative private company headquartered in Québec.
Founded in 1993 by a group of brokers.
Leading provider established in 1877.
Leading provider of innovative home health care.
Leading digital media company established in 2012.
Data and voice network services provider.
Provides comprehensive technology solutions as a global advisor.
Richmond, Kentucky-based owner-operator of towers, founded in 2008.
Fund performance · per public LP disclosures · 2
as of Sep 2025| Fund | Vintage | Committed | Net IRR | TVPI | DPI |
|---|---|---|---|---|---|
| Novacap TMT International NV CV L.P.LPs: Los Angeles County Employees Retirement Association | 2024 | — | 10.9% | 1.11x | 0.04x |
| Novacap International TMT VI-A, L.P.LPs: Los Angeles County Employees Retirement Association | 2021 | — | 11.7% | 1.17x | 0.40x |
Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).
Frequently asked questions
- How many investments has Novacap made?
- Novacap has 57 tracked investments.
- What stage does Novacap invest at?
- Novacap invests at the Growth, Late Stage stages.
- What sectors does Novacap focus on?
- Novacap focuses on AdTech, Advanced Manufacturing, E-commerce, Enterprise Software, Fintech, Healthtech, InsurTech, Media & Entertainment, PropTech, SaaS.
- Where is Novacap located?
- Novacap is headquartered in Brossard, CA.
- Who does Novacap co-invest with?
- Novacap most often shares deals with Kensington Capital Partners Limited, Accomplice, August Capital, among 11 tracked co-investors.
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