Nova Capital Management (Novacap) has formally completed its acquisition of Communications Venture Corporation, Inc., known operationally as INdigital. INdigital is a leader in Next Generation 9-1-1 (NG911) services. The deal marks an important milestone for both companies, with Novacap reinforcing its commitment to investing in technology that enhances public safety. François Laflamme, Novacap’s Senior Partner, emphasized the strategic alignment and potential for growth within the NG911 sector. Mark Grady, the Founder and CEO of INdigital, echoed the excitement and future potential for delivering state-of-the-art, lifesaving technologies on a global scale. This acquisition represents the second portfolio company under Novacap’s Digital Infrastructure platform. Financial advisory services were provided by Houlihan Lokey, with legal advice from Dentons for INdigital and Foley & Lardner for Novacap.

Technology, Private Equity, Telecommunications,United States, Canada

https://novacap.ca/news/closing-of-the-acquisition-of-next-generation-9-1-1-pioneer-indigital/