Buyout (LBO, MBO, MBI) • Software

Novacap Acquires Chemical Computing Group

On January 1, 2011, private equity firm Novacap acquired software company Chemical Computing Group

Acquisition Context

This is Novacap’s 2nd transaction in the Software sector.
This is Novacap’s 9th transaction in Canada.
This is Novacap’s 9th transaction in Quebec.

Investment Fate

Chemical Computing Group was sold to a consortium of financial buyers in 2017.

Explore All 958 Buyout (LBO, MBO, MBI) Software Deals - Search the Database Free

M&A Deal Summary
Date	January 1, 2011
Target	Chemical Computing Group
Sector	Software
Buyer(s)	Novacap
Deal Type	Buyout (LBO, MBO, MBI)

Target Company

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.

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Buyer Overview 1

Buyer

Novacap

Brossard, Quebec, Canada

Investor Investor

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 Context for Buyer	#
Overall	12 of 67
Sector: Software	2 of 3
Type: Buyout (LBO, MBO, MBI)	8 of 35
State: Quebec	9 of 33
Country: Canada	9 of 44
Year: 2011	1 of 4

PREVIOUS DEAL

DATE	TARGET	DEAL TYPE	VALUE
2010-01-29	Smyth St. Paul, Minnesota, United States 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.	Buy	-

DATE

TARGET

DEAL TYPE

VALUE

2010-01-29

Smyth

St. Paul, Minnesota, United States

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.

Buy

FOLLOWING DEAL

DATE	TARGET	DEAL TYPE	VALUE
2011-05-06	Idaho Pacific Rigby, Idaho, United States Idaho Pacific is a processor of dehydrated potato products in North America. The company supplies products for use in foods such as mashed potatoes, snacks, baked goods, and frozen side dishes, and distributes a full product line for the food service industry. Idaho Pacific customers include many of the largest domestic and international food manufacturers in the snack food, food service, and baking industries. Idaho Pacific is based in Rigby, Idaho.	Buy	$87M

DATE

TARGET

DEAL TYPE

VALUE

2011-05-06

Idaho Pacific

Rigby, Idaho, United States

Idaho Pacific is a processor of dehydrated potato products in North America. The company supplies products for use in foods such as mashed potatoes, snacks, baked goods, and frozen side dishes, and distributes a full product line for the food service industry. Idaho Pacific customers include many of the largest domestic and international food manufacturers in the snack food, food service, and baking industries. Idaho Pacific is based in Rigby, Idaho.

Buy

$87M

Explore Related M&A Activity

Software M&A - Buyout (LBO, MBO, MBI) M&A Deals - Quebec M&A - Canada M&A - 2011 M&A