Consilium Set to Expand: Nova Capital Management Partnership Announced
Deal News | Dec 09, 2024 | Nova Capital Management
Novacap, a prominent private equity firm, has announced a strategic partnership with Consilium Insurance. This collaboration is designed to assist Consilium in accelerating its growth trajectory and expanding its operational reach across Canada. The overarching aim is to establish a strong national platform within the damage insurance brokerage industry.
Sectors
- Private Equity
- Insurance
Geography
- Canada – The partnership aims to expand Consilium Insurance's operations across Canada.
Industry
- Private Equity – Novacap is a private equity firm engaging in a strategic partnership, which is a typical activity within this industry.
- Insurance – Consilium Insurance operates within the damage insurance brokerage industry, and the partnership focuses on expanding this sector.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Nova Capital Management | Partner | Company | A private equity firm partnering with Consilium Insurance to facilitate its growth and expansion. |
| Consilium Insurance | Target Company | Company | A company in the damage insurance brokerage industry that is partnering with Novacap to advance its growth and national presence in Canada. |