On June 1, 2018, Novacap, a leading Canadian private equity firm, acquired an interest in Noble Foods Nutrition Inc. (“Noble Foods”), a manufacturer of nutrition and energy bars renowned for high quality innovative products for nearly 20 years. It is headquartered in Pointe-Claire, Québec.
All Noble Foods’ employees, consisting of approximately 100 positions ,will be maintained, as will all management roles, and Novacap plans to invest in the company’s growth to help it expand into new markets. The transaction was done with the support of Investissement Québec.
Founded in 1981, Novacap is a leading Canadian private equity firm with $2.3 billion of assets under management. Novacap’s unique investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous portfolio companies.
Fasken represented Novacap during this investment. The team, headed by Caitlin Rose, included Denis Chaurette, Simon Bisson, Denis Paquin, Martin Racicot and Svetlana Samochkine.
