Novacap acquires majority interest in Globe Electric Company

Novacap, in partnership with Fonds de solidarité FTQ and Fondaction, acquired a majority interest in Globe Electric Company, a Montreal-based consumer lighting and electrical products company. CEO Edward Weinstein and senior management retain substantial ownership.

“Novacap, one of Canada's leading private equity firms, in partnership with Fonds de solidarité FTQ and Fondaction, today announced that it has acquired a majority interest in Globe Electric Company.”newswire.ca

• 1 source
• newswire.caNovacap Acquires Interest in Globe Electric CompanyNovacap Management Inc.May 12, 2021

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