Client Work

Novacap Financial Services acquires interest in AGA Financial Group Inc.

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Overview

Client

Novacap Financial Services

On October 5th 2020, Novacap Financial Services, a leading Canadian private equity firm, announced that it acquired a majority of the issued and outstanding voting shares in AG Financial Group Inc, one of Québec’s leading employee benefits advisory firms and third-party administrators of group insurance and retirement plans.

Novacap Financial Services is the first Canadian private equity firm to launch a fund dedicated to investing in financial services business. This partnership with AGA is Novacap’s third investment made using this dedicated fund.

A Fasken team composed of Alexandra Freedman, Antoine Aylwin, Carolina Fusco, Cristel Chabot-Lapointe, Élaine Laberge-Poirier, Felicia Jin, Jack Yu, Jane Wu, Jean-Philippe Mikus, Koker Christensen, Martin Racicot, Marwan El-Sayegh, Michel Boislard, Rhonda Grintuch, Simar Anand, and William Deneault-Rouillard acted for Novacap Financial Services in connection with this acquisition.

Jurisdiction

  • Québec

Team

  • Michel Boislard, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 7634, mboislard@fasken.com
  • Cristel Chabot-Lapointe, Partner | Corporate/Commercial, Montréal, QC, +1 514 397 5102, clapointe@fasken.com
  • Alexandra Freedman, Associate | Corporate/Commercial, Montréal, QC, +1 514 397 5253, afreedman@fasken.com
  • Carolina Fusco, Paralegal/Law Clerk | Corporate/Commercial, Montréal, QC, +1 514 397 7431, cfusco@fasken.com
  • Élaine Laberge-Poirier, Partner | Banking & Finance, Montréal, QC, +1 514 397 7472, elaberge@fasken.com
  • Felicia Yifan Jin 金一帆, Associate | Private Equity, Montréal, QC, +1 514 397 7477, fjin@fasken.com
  • Jack Yu, Partner | CO-LEADER, CHINA PRACTICE GROUP, Toronto, ON, +1 416 868 3457, jyu@fasken.com
  • Jean-Philippe Mikus, Partner | Trademark Agent | Intellectual Property, Montréal, QC, +1 514 397 5176, jpmikus@fasken.com
  • Koker Christensen, Partner | CO-LEADER, FINANCIAL SERVICES, Toronto, ON, +1 416 868 3495, kchristensen@fasken.com
  • Martin Racicot, Partner | Banking & Finance, Montréal, QC, +1 514 397 5128, mracicot@fasken.com
  • Marwan El-Sayegh, Associate | Banking & Finance, Montréal, QC, +1 514 397 7632, melsayegh@fasken.com
  • Rhonda Grintuch, Partner | Labour, Employment & Human Rights, Montréal, QC, +1 514 397 5240, rgrintuch@fasken.com
Michel Boislard Montréal Partner/Associé Michel Boislard Partner | Corporate/Commercial Montréal, QC +1 514 397 7634
Cristel Chabot-Lapointe | Corporate/Commercial Lawyer in Montréal Cristel Chabot-Lapointe Partner | Corporate/Commercial Montréal, QC +1 514 397 5102
Alexandre Freedman Montréal Summer Student/Étudiante Alexandra Freedman Associate | Corporate/Commercial Montréal, QC +1 514 397 5253
Carolina Fusco | Paralegal in Montréal Carolina Fusco Paralegal/Law Clerk | Corporate/Commercial Montréal, QC +1 514 397 7431
Élaine Laberge-Poirier | Banking & Finance Lawyer in Montréal Élaine Laberge-Poirier Partner | Banking & Finance Montréal, QC +1 514 397 7472
Felicia Yifan Jin 金一帆, Associate | Private Equity Felicia Yifan Jin 金一帆 Associate | Private Equity Montréal, QC +1 514 397 7477
Jack Yu Toronto Lawyer Jack Yu Partner | CO-LEADER, CHINA PRACTICE GROUP Toronto, ON +1 416 868 3457
Jean-Philippe Mikus Intellectual Property Lawyer in Montréal Jean-Philippe Mikus Partner | Trademark Agent | Intellectual Property Montréal, QC +1 514 397 5176
Koker Christensen Toronto Lawyer Koker Christensen Partner | CO-LEADER, FINANCIAL SERVICES Toronto, ON +1 416 868 3495
Martin Racicot, Partner | Banking & Finance Martin Racicot Partner | Banking & Finance Montréal, QC +1 514 397 5128
Marwan El-Sayegh, Associate | Banking & Finance Marwan El-Sayegh Associate | Banking & Finance Montréal, QC +1 514 397 7632
Rhonda Grintuch Avocate/Associate Montréal Rhonda Grintuch Partner | Labour, Employment & Human Rights Montréal, QC +1 514 397 5240