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Novacap acquires controlling interest in Globe Electric

Fasken
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Overview

Client

Novacap

On May 12, 2021, Novacap, a leading Canadian private equity firm, in partnership with Fonds de solidarité FTQ and Fondaction, announced the acquisition of a controlling interest in  Globe Electric, a Montreal-based company specialized in the design, development, manufacturing and marketing of innovative lighting and electrical products for consumers.

This Novacap acquisition will allow Globe Electric to continue growing through their next phase of development.

A Fasken Team composed of Michel Boislard, Kiran Singh, Cristel Chabot-Lapointe, Paul Khoury, Ralph Aziz, Gemma Caprio, Martin Racicot, Elaine Laberge-Poirier, Marwan El-Sayegh, Emilie Clairoux, Alain Leclerc, Jean-Philippe Mikus, Dominique Monet, Eliane Ellbogen, Brandon Farber, Jean-Philippe Thériault, Rhonda Grintuch, Philippe Dion and Laura Agaby advised Novacap in this transaction.

Jurisdiction

  • Québec

Team

  • Michel Boislard, Partner, Montréal, QC, +1 514 397 7634, mboislard@fasken.com
  • Kiran Singh, Partner, Montréal, QC, +1 514 397 4370, ksingh@fasken.com
  • Cristel Chabot-Lapointe, Partner, Montréal, QC, +1 514 397 5102, clapointe@fasken.com
  • Ralph Aziz, Associate, Montréal, QC, +1 514 397 7491, raziz@fasken.com
  • Gemma Caprio, Associate, Montréal, QC, +1 514 397 4386, gcaprio@fasken.com
  • Martin Racicot, Partner, Montréal, QC, +1 514 397 5128, mracicot@fasken.com
  • Élaine Laberge-Poirier, Partner, Montréal, QC, +1 514 397 7472, elaberge@fasken.com
  • Marwan El-Sayegh, Associate, Montréal, QC, +1 514 397 7632, melsayegh@fasken.com
  • Emilie Clairoux, Associate, Montréal, QC, +1 514 397 7627, eclairoux@fasken.com
  • Alain M. Leclerc, Partner | Trademark Agent | Patent Agent, Montréal, QC, +1 514 397 4321, aleclerc@fasken.com
  • Jean-Philippe Mikus, Partner | Trademark Agent, Montréal, QC, +1 514 397 5176, jpmikus@fasken.com
  • Dominique Monet, Partner, Ottawa, ON | Montréal, QC, +1 514 397 7425, dmonet@fasken.com
  • Eliane Ellbogen, Associate | Trademark agent, Montréal, QC, +1 514 397 5130, eellbogen@fasken.com
  • Brandon Farber, Partner, Montréal, QC, +1 514 397 5179, bfarber@fasken.com
  • Jean-Philippe Therriault, Partner, Montréal, QC, +1 514 397 5103, jtherriault@fasken.com
  • Rhonda Grintuch, Partner, Montréal, QC, +1 514 397 5240, rgrintuch@fasken.com