Investment Summary

Novacap Invests In Canada Diagnostic Centres

On July 6, 2021, private equity firm Novacap invested in healthcare services company Canada Diagnostic Centres

Investment Highlights
  • This is Novacap’s 3rd transaction in the Healthcare Services sector.
  • This is Novacap’s 39th transaction in Canada.
  • This is Novacap’s 3rd transaction in Alberta.

Investment Summary
Date 2021-07-06
Target Canada Diagnostic Centres
Sector Healthcare Services
Investor(s) Novacap
Deal Type Growth Capital
Advisor(s) Deloitte (Financial)

Target

Canada Diagnostic Centres

Calgary, Alberta, Canada
Canada Diagnostic Centres is a provider of medical imaging services at 17 community-based clinics. Canada Diagnostic Centres was founded in 1993 and is based in Calgary, Alberta.

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Investor(S) 1

Investor

Novacap

Brossard, Quebec, Canada

Investor Investor Investor 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 STATS #
Overall 53 of 65
Sector (Healthcare Services) 3 of 3
Type (Growth Capital) 14 of 18
State (Alberta) 3 of 3
Country (Canada) 39 of 43
Year (2021) 3 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-01 Cofomo

Montreal, Quebec, Canada

Cofomo provides IT services to large blue-chip and public sector customers. Cofomo was founded in 1995 and is based in Montreal, Quebec.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-13 Multy Home

Vaughan, Ontario, Canada

Multy Home is a global manufacturer of outdoor living and functional flooring products for the home and commercial spaces. Multy Home was founded in 1983 and is based in Vaughan, Ontario.

Buy -
Mergr

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