Nova Capital Management
AUM : $300 million
Nova Capital Global Markets, LLC is an emerging markets investment bank serving large and middle market companies throughout Europe, Africa, Asia and parts of Latin America.
Nova Capital Management Limited is a private equity and venture capital firm specializing in mid venture, late venture, financing acquisitions, turnaround, and middle market transactions. It makes investments in growth capital, buyout, industry consolidation, and recapitalization. The firm also makes fund of fund investments.
It seeks to invest in underperforming and under-managed portfolio companies run by private equity and venture capital firms. The firm acquires multiple businesses that a seller is divesting through corporate carve outs, multinational corporate carve outs, private corporate carve outs, public to private, private family disinvestment and secondary direct market.
While investing in secondary market, the firm prefers to buy portfolio worth $20 million or more.
The firm is geography agnostic and invests in the United Kingdom; United States with a focus on North America; and Europe with a focus on Western Europe. It invests transactions of value between £20 million ($31.42 million) and above £200 million ($314.148 million). It typically invests between $4 million and $10 million in companies having a combined enterprise value between $100 million and $500 million. It invests in companies that comprise a minimum of three businesses.
The firm seeks to take control positions and exit its investment within two years. Nova Capital Management Limited was founded in 2002 and is based in London, United Kingdom with additional offices in Ontario, Canada; Chicago, Illinois, United States; and Essex, Connecticut.
Areas of expertise
It invests across all sectors particularly in consumer oriented businesses, media, online healthcare and medical supply retail, healthcare equipment distribution, health and medical insurance, industry specific software.
