Novacap continuation vehicle acquires majority interest in Master Group

Novacap completed a continuation vehicle transaction where Novacap Industries V and the vehicle acquired a majority interest in Master Group, raising C$1.1 billion to support Master's growth. This follows Master's acquisition of Value-Added HVAC Distributors in the US.

“Building great companies takes time, resources and strong partnerships.”lexingtonpartners.com

• 1 source
• lexingtonpartners.comNovacap Completes a Second Major Continuation Vehicle Transaction - Lexington PartnersNina CebenkoDec 16, 2021

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