NOVACAP Sells Fibrenoire to Vidéotron After Generating Substantial Value on Their Initial Investment

MONTREAL–(BUSINESS WIRE)–NOVACAP, one of Canada’s leading private equity firms, is pleased to announce it has reached an agreement with Videotron, a subsidiary of Quebecor, for the sale of Fibrenoire for a total consideration of $125 million. Fibrenoire is a leading fibre optic connectivity services provider for businesses in Quebec and Ontario. “We take immense pride in what Fibrenoire has accomplished since our investment in April 2013. From the start, we saw great potential in the company,
Source: BusinessWire-Primary

NOVACAP Sells Fibrenoire to Vidéotron After Generating Substantial Value on Their Initial Investment