Jacques Foisy

Chairman of the Board and Managing Partner

Region

Montreal

Team

Industries

Joined

1994

Contact

Jacques Foisy is a Chartered Accountant (CPA, CA) and holds a Business Administration degree from HEC Montreal.

Mr. Foisy started his career with KPMG in Montreal and later joined the Olympia Group, a meat processing company where he worked for more than 12 years. His involvement in numerous mergers and acquisitions helped the company become the largest hog processing business in Canada, known today as Olymel. He has also received the Arista Award for his personal achievements in business. Mr. Foisy joined Novacap in 1994.

Mr. Foisy sits on the Board of Directors of many of Novacap Industries’ portfolio companies.

Recent News

25 May 2023

PREVIAN ACQUIRES SENSOR NETWORKS

Sensor Networks’ complete range of advanced and high-quality solutions will complement and reaffirm the company’s flagship position in the NDT industry.

24 May 2023

Novacap Wins 2023 CVCA PE Regional Impact Award (Central Canada) for Greenwood Mushrooms Holdings Corporation

Novacap helped Taylor build out his team and expand into the United States. These and other efforts helped the business triple its EBITDA and reach 20 percent of the Canadian market share. Another important project…

4 May 2023

Static Media Broadens Its Reach in Women’s Lifestyle Vertical Through the Acquisition of Women.com

Static Media Broadens Its Reach in Women’s Lifestyle Vertical Through the Acquisition of Women.com

18 April 2023

Canada Diagnostic Centres Expands into Ontario through Strategic Acquisition of The Women’s Ultrasound Clinic

Novacap-backed Canada Diagnostic builds on its successful acquisition strategy, with the latest addition of a two-location clinic in Ontario, further expanding its reach in providing state-of-the-art medical imaging services to patients across Canada.

4 April 2023

Novacap Partners with Static Media to Accelerate Growth of Digital Media Portfolio

Novacap, a leading North American private equity firm, announced today that it has entered a partnership with Static Media, an Indianapolis-based company that owns and operates a portfolio of unique and passion-driven digital media brands…

2 March 2023

The Master Group Announces Strategic Partnership with Ohio-Based RSC to Expand Footprint in the US HVAC-R Industry.

BOUCHERVILLE, QC and VALLEY VIEW, Ohio, March 2, 2023- The Master Group, Canada’s largest and one of North America’s leading independent HVAC-R industry distributors, announced today the acquisition of Refrigeration Sales Corporation (RSC) based in…

14 February 2023

Canada Diagnostic Centres Expands National Footprint with Strategic Acquisitions of Guardian Radiology and The Ultrasound Centre

Novacap-backed Canada Diagnostic Centres concludes series of acquisitions elevating its capabilities to provide unparalleled medical imaging services to patients.

14 July 2022

Novacap completes investment in Canada’s largest online marketplace for financial services Ratehub.ca

MONTREAL, July 14th, 2022 – Novacap, a leading North American private equity firm, announced today that it has entered a partnership with Ratehub.ca, a Toronto-based online financial marketplace that provides Canadians with price comparisons on financial…

30 June 2022

Ancillary Revenue Leader Plusgrade Completes US$385 Million Acquisition of Loyalty Commerce Platform Points

Acquisition creates a new global leader in ancillary revenue for the travel industry Plusgrade is now expected to generate over US$3.5 billion in new revenue opportunities for its partners through 2022Acquisition creates unmatched scale in the…

29 June 2022

Novacap Announces Sale of Greenwood Mushrooms Development Corp. to Instar Asset Management Inc

Greenwood Mushrooms Development Corp. (Greenwood), a Novacap Industries IV portfolio company and leading mushroom producer in Canada, has been acquired today by Instar Asset Management Inc. a private equity firm focused on North American middle-market…

1 April 2022

Novacap Recognized by Preqin and HEC Dow Jones for Exceptional Performance

Novacap is proud to share that both HEC Paris-DowJones and Preqin have recognized Novacap for exceptional performance.

8 March 2022

Novacap Announces the Creation of the Women In Finance Bursary

The firm is committing 200,000$ as well as providing opportunities to participate in paid internship programs and access to mentoring to advance gender parity

16 December 2021

Novacap Completes A Second Major Continuation Vehicle Transaction

The new fund will support the growth of Master GroupNovacap announced today that it has completed the closing of its second major continuation vehicle. Novacap Industries V and the continuation vehicle have acquired a majority…

13 October 2021

Novacap Completes First Major Continuation Vehicle Transaction In Canada

Novacap, a leading North American private equity firm, today announced that it has successfully closed the first major private equity continuation vehicle in Canada. Novacap’s TMT VI Fund and the continuation vehicle, whose lead investor…

30 September 2021

Novacap Announces Final Closing Of Canada’s First PE Fund Specializing In The Financial Services Industry

Novacap, a leading North American private equity firm, today announced the final closing of the firm’s very first fund dedicated entirely to financial services. The fund raised an astounding C$417 million from institutional investors, family…

14 August 2019

Novacap completed its largest acquisition at US $889 million

Novacap played a critical role in this transformative and complex acquisition, which saw SafeCharge being privatized from the AIM stock exchange in London at a valuation of US $889 million. Nuvei’s acquisition of SafeCharge was done with…