M&A Deal Summary

Clearview Capital Acquires Novik

On March 5, 2014, private equity firm Clearview Capital acquired building materials company Novik

Acquisition Highlights
  • This is Clearview Capital’s 2nd transaction in the Building Materials sector.
  • This is Clearview Capital’s 1st transaction in Canada.
  • This is Clearview Capital’s 1st transaction in Quebec.

M&A Deal Summary
Date 2014-03-05
Target Novik
Sector Building Materials
Buyer(s) Clearview Capital
Deal Type Going Private
Advisor(s) PwC Corporate Finance LLC (Financial)
McCarthy Tétrault (Legal)

Target

Novik

St-Augustin-de-Desmaures, Quebec, Canada
Novik is a designer, manufacturer, and distributor of innovative polymer exterior siding, roofing coverings, and accessories that replace traditional materials. Novik has a dominant position in its niche in the Canadian market and a rapidly growing presence in the United States market. Novik was founded in 1998 and is based in St-Augustin-de-Desmaures, Quebec.

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Buyer(S) 1

Buyer

Clearview Capital

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 645M USD
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Clearview Capital LLC is a private equity firm that targets investments in North American companies with operating profits between $4 and $20 million. Sectors of interest include general manufacturing, plastics, food processing, furniture, education, healthcare, outsourcing, distribution, oil field services, consumer products, and industrial. The Firm prefers majority investment situations in transaction types that include corporate divestitures, management buyouts, and ownership transfers of closely-held companies. Clearview Capital was formed in 1999 and has offices in Connecticut, California.

DEAL STATS #
Overall 22 of 43
Sector (Building Materials) 2 of 2
Type (Going Private) 1 of 1
State (Quebec) 1 of 1
Country (Canada) 1 of 1
Year (2014) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2013-10-03 St. Croix Hospice

Oakdale, Minnesota, United States

St. Croix Hospice is a provider of hospice services. The Company delivers both hospice and a broader network of concurrent comfort and support services that are tailored to patients' and their family's individual needs and circumstances. St. Croix Hospice was founded in 2008 and based in Oakdale, Minnesota.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-04-10 Elevation Labs

Idaho Falls, Idaho, United States

Elevation Labs is a formulator and manufacturer of innovative skincare and color cosmetic products for prestige beauty brands. Elevation Labs is a rapidly growing manufacturer of high-quality personal care products with unique capabilities in the formulation of natural and organic products. Elevation Labs was founded in 1995 and is based in Idaho Falls, Idaho.

Buy -
Mergr

Product

Company

Legal