8 publicly disclosed transactions where Novacap played an advisory, financing or investing role, most recent first.
Closed Jun 2, 2026
Eddyfi Technologies
Seller · Non-destructive testing / industrial technology
Buyer ESAB Corporation · Seller Novacap and co-investors including La Caisse
Sale of Quebec City-based inspection and integrity-monitoring technology company Eddyfi to NYSE-listed ESAB, which committed to keep Eddyfi's head office and workforce in Quebec City.
Feb 2, 2026
Carrier hotel portfolio of 365 Data Centers
Acquirer · Data centres
Buyer HyscaleIX Data Centers (Novacap / H5 Data Centers) · Seller 365 Data Centers
Novacap and H5 Data Centers launched HyscaleIX and agreed to buy a portfolio of carrier hotels in several U.S. markets.
Oct 28, 2025
TAG Towers
Investor (partnership) · Wireless tower infrastructure
Buyer Novacap
Digital Infrastructure partnership with a Kentucky-based developer and operator of wireless towers to fund its tower development strategy.
Sep 24, 2025
Integral Ad Science (IAS)
Acquirer · Advertising technology
Buyer Novacap · Seller Public shareholders
All-cash take-private of the NASDAQ-listed media measurement and verification platform at US$10.30 per share, completed in December 2025.
Sep 24, 2025
Integral Ad Science Holding Corp.
Acquirer · Advertising Technology
Buyer Novacap
Montreal private equity firm Novacap agreed to acquire IAS for US$10.30 per share in cash, valuing it at about US$1.9 billion.
Sep 3, 2025
Revau
Seller · Insurance (managing general agent)
Buyer Continuation vehicle led by Northleaf Capital Partners, EDC and Fonds de solidarité FTQ · Seller Novacap Financial Services fund
First continuation vehicle for Novacap's Financial Services strategy, extending its ownership of Canadian P&C managing general agent Revau with new capital; UBS advised.
Apr 1, 2024
Nuvei Corporation
Co-investor · Fintech / Payments
Buyer Advent International (with rollover by Philip Fayer, Novacap and CDPQ)
Advent agreed to take Nuvei private at US$34.00 per share in cash, a 56% premium to the unaffected price, with founder Philip Fayer, Novacap and CDPQ rolling over equity.
May 9, 2022
Points.com Inc.
Co-investor · Technology (Loyalty)
Buyer Plusgrade Parent L.P. (backed by Novacap and CDPQ)
Plusgrade agreed to acquire Points for US$25.00 per share in cash, valuing Points at about US$385 million on an equity basis.
