M&A Deal Summary

Novacap Acquires Smyth

On January 29, 2010, private equity firm Novacap acquired packaging company Smyth

Acquisition Highlights
  • This is Novacap’s 1st transaction in the Packaging sector.
  • This is Novacap’s 3rd transaction in the United States.
  • This is Novacap’s 1st transaction in Minnesota.

M&A Deal Summary

Date 2010-01-29
Target Smyth
Sector Packaging
Buyer(s) Novacap
Deal Type Buyout (LBO, MBO, MBI)

Target

Smyth

St. Paul, Minnesota, United States
website
Smyth is a provider of primary packaging labels and related equipment and services to the food and beverage, health and beauty, and household chemical markets. Smyth was founded in 1877 and is based in St. Paul, Minnesota.

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Buyer(S) 1

Buyer

Novacap

Brossard, Quebec, Canada

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1981
PE ASSETS 8.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

Novacap is a large private equity firm focused on middle-market company acquisitions in Canada. Novacap pursues companies with $30 to $500 million in sales and will consider transactions valued up to $500 million. Target transaction situations include partial or full buyouts, spin-offs, take privates, recapitalizations, and growth capital financings. Novacap will consider opportunities in basic industries as well as high-growth tech sectors. Novacap was formed in 1981 and has offices in Toronto and Montreal.


DEAL STATS #
Overall 10 of 59
Sector (Packaging) 1 of 1
Type (Buyout (LBO, MBO, MBI)) 6 of 31
State (Minnesota) 1 of 1
Country (United States) 3 of 18
Year (2010) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-10-27 Creaform

Levis, Quebec, Canada

Creaform is a world-class and innovative technological company offering 3D digital solutions. Creaform combines every 3D process and technology with innovative solutions that can cover the entire range of 3D needs: 3D scanning, reverse engineering, inspection, styling, design, analysis, digital manufacturing and medical applications.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 Chemical Computing Group

Montreal, Quebec, Canada

Chemical Computing Group is a provider of molecular design software for the pharmaceutical, chemical and material industries. CCG’s software platform, the Molecular Operating Environment (“MOE”), streamlines drug discovery and chemical engineering processes by allowing researchers to visualize and predict molecular properties and interactions. Chemical Computing Group was founded in 1994 and is based in Montreal, Quebec.

Buy -