Novacap invests in Cofomo Inc.

Cofomo Inc., Canada’s leading provider of business talent management, information technology and digital transformation consulting services, recently announced the conclusion of a financial partnership with Novacap, one of Canada’s leading private equity firms, through which Novacap acquires a significant equity interest in Cofomo.

This partnership marks an important step in Cofomo’s growth strategy and provides Cofomo with an increased capacity to accelerate the digital transformation of its major public and private sector clients.

Cofomo’s ability to adapt to evolving market needs has resulted in exceptional top line growth and consistently high levels of customer satisfaction. Cofomo has been recognized as one of Canada’s Best Managed Companies (2020 and 2021) because of its performance and sustained growth over the past several years.

BCF is proud to have represented Cofomo and its shareholders in this strategic partnership, with a team composed of André Morrissette, Pierre-Philippe Taché, Philippe Hébert, Olivier Moreau-Notebaert, Léonie Brais Laporte and James C. Tremblay (Corporate), Jocelyn Auger (Technology), Marc-André Godard and Mehrez Houacine (Tax).

To read the press release, click here.