Revau Acquires FBA Solutions: An Alliance for Excellence

We are proud to announce that FBA Solutions is joining Revau. This strategic acquisition allows Revau to strengthen its market position and expand its product and service offering nationally. FBA Solutions is a leader in the development and offering of customized and innovative solutions in the field of legal protection, support programs and warranty plans for 25 years.

People are critical to the success of any business, which is why we are pleased to confirm that Diane Bélanger and Pierre Guilbault, President and Vice-President of FBA, and their entire team will
continue to serve their clients in their current roles. FBA remains a separate company, maintaining its independence and maintaining the very high standards of information security.

“This transaction is an important step in the evolution of FBA Solutions, we wanted to find a strong succession to continue to offer our customers the products of tomorrow that will give them a real competitive advantage. Revau, with whom we have worked for several years, was the ideal partner to continue growing our business.” – said Diane Bélanger, President and Founder of FBA Solutions.

Revau and FBA share common values and goals, including a commitment to excellence and innovation. With over 10 years of strong partnership, this acquisition represents a natural evolution of our collaboration, reinforcing our mutual commitment to providing superior quality solutions to our customers.

This acquisition is clearly in line with Revau’s strategic objectives of growing its portfolio of product offerings with specialized segments across Canada. This is the 7th add-on acquisition by Revau since partnering with Novacap in 2020.

“It also marks the beginning of a new era of collaboration and innovation for our two companies. Together, we are better positioned to meet the changing needs of our customers and seize new growth opportunities in the market.” – said Jean-François Raymond, President and CEO of Revau.

About FBA Solutions

For 25 years in the Canadian market, FBA Solutions has been a leader in customized and innovative legal protection solutions, support programs and warranty plans. Their clients include insurance companies, brokerage firms, financial institutions, and professional associations. FBA Solutions assists their policyholders, customers or members, promoting the retention and growth of their customers with an impeccable, attentive and efficient service.

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About Revau

Revau Advanced Underwriting Inc. (“REVAU”) is a Quebec-based managing general agency (MGA) focused on specialty property and casualty lines and offers solutions for specialized insurance risks, through a Canada-wide network of brokers. REVAU is headquartered in Terrebonne, QC, with additional offices in Quebec, Ontario, British Columbia, and teams in, Alberta, Manitoba and the Maritimes.

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About Novacap

Founded in 1981, Novacap is a leading North American private equity firm with over C$8B of AUM that has invested in more than 100 platform companies and completed more than 150 add-on acquisitions. Applying its sector-focused approach since 2007 in Industries, TMT, Financial Services, and Digital Infrastructure, Novacap’s deep domain expertise can accelerate company growth and create long-term value. With experienced, dedicated investment and operations teams as well as substantial capital, Novacap has the resources and knowledge that help build world-class businesses. Novacap has offices in Montreal, Toronto, and New York.

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