Investment Summary

NOVA Infrastructure Invests In telMAX

On January 5, 2021, infrastructure investor NOVA Infrastructure invested in communications company telMAX

Investment Highlights
  • This is NOVA Infrastructure’s 1st transaction in the Communications sector.
  • This is NOVA Infrastructure’s 1st transaction in Canada.
  • This is NOVA Infrastructure’s 1st transaction in Ontario.

Investment Summary

Date 2021-01-05
Target telMAX
Sector Communications
Investor(s) NOVA Infrastructure
Deal Type Growth Capital

Target

telMAX

Whitchurch-Stouffville, Ontario, Canada
telMAX is an owner and operator of fiber-based telecommunications infrastructure and currently serves customers in the suburban regions of the Greater Toronto Area (“GTA”). telMAX is based in Whitchurch-Stouffville, Ontario.

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Investor(S) 1

DESCRIPTION

Nova?Infrastructure is an infrastructure focused investment firm targeting middle-market companies in environmental services, transportation, energy transition, and digital infrastructure. The Firm will consider a variety of investment situations including buyouts, growth financings, and carve-outs. NOVA Infrastructure was founded in 2018 and is headquartered in New?York, New?York.


DEAL STATS #
Overall 3 of 9
Sector: Communications M&A 1 of 2
Type: Growth Capital M&A Deals 2 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-01-01 Harbor Logistics

Hanahan, South Carolina, United States

Harbor Logistics is an owns and operates warehousing and port logistics business that currently serves customers in and around Charleston, South Carolina. Harbor provides warehousing, distribution, fulfillment, packaging and transportation services for a variety of customers. Harbor Logistics was founded in 2021 and is based in Hanahan, South Carolina.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-15 Hawthorne Global Aviation Services

Ronkonkoma, New York, United States

Hawthorne Global Aviation Services is a aviation services company and provides general aviation services and airport management. Hawthorne Global Aviation Services was founded in 1932 and is based in Ronkonkoma, New York.

Buy -