NOVACAP MANAGEMENT INC.
NOVACAP MANAGEMENT INC. is a Series C+ and buyout fund in the US, Canada, Europe and Asia writing $300M checks into Fintech, technologies, digital-infrastructure and industries.
- Stages
- Series C+, buyout
- Sectors
- Fintech, technologies, digital-infrastructure, industries
- Check size
- $300M
- Invests in
- US-wide, Canada, Europe, Asia
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 1981
- Assets under management
- $14.0B
- Website
- novacapcorp.com
Thesis
NOVACAP MANAGEMENT INC. is a Canadian private equity firm founded in 1981, focusing on middle-market and lower-middle-market companies. Their investment strategy centers on four core sectors: Technologies, Digital Infrastructure, Industries, and Financial Services, with a geographic scope primarily covering Canada and the United States, alongside select exposure in Europe and Asia. Novacap employs a control investment and buyout strategy, targeting businesses with up to $100 million in EBITDA and $1.0 billion in enterprise value. As of December 31, 2025, the firm managed approximately $14 billion in regulatory AUM. Recent fund closes include Novacap Technologies Fund VII ($3.8 billion), Novacap International Digital Infrastructure I ($920 million), NVC VI ($1.9 billion), and TMT VI ($925 million). The Tech VII fund has an average cheque size of $300 million USD for majority stakes in profitable companies.
Common questions
Does NOVACAP MANAGEMENT INC. invest at the Series C+ stage?
Yes. NOVACAP MANAGEMENT INC. lists Series C+ and buyout among the stages it invests in.
What check size does NOVACAP MANAGEMENT INC. write?
NOVACAP MANAGEMENT INC. writes $300M checks.
Where does NOVACAP MANAGEMENT INC. invest?
NOVACAP MANAGEMENT INC. invests in the US, Canada, Europe and Asia.