![](https://novacap.ca/wp-content/uploads/2022/12/marcel-larochelle.jpg)
Marcel Larochelle
Marcel Larochelle is a seasoned executive with more than 35 years of experience in the financial services industry. He holds a B.Sc. from Queen’s University, as well as the CFA designation and is a Fellow of the Society of Actuaries (FSA) in the USA and of the Canadian institute of actuaries (FCIA).
Before joining Novacap, Mr. Larochelle held various executive positions in the asset management industry, including President and CEO of UBS Global Asset Management (Canada) as well as Executive vice-president and CFO for Fiera Capital. Previously, he assumed responsibility for the activities of Mercer Investment Consulting for Canada and Latin America. Following this, he started Mercer’s investment management subsidiary in Canada and acted as President for the Americas for that division of Mercer. Mr. Larochelle has also led or participated in the private equity financing of more than 20 organizations across various industries.
Mr. Larochelle is Chairman of the Board for Ratehub, AGA Benefits Solution and Revau, as well as Board member for Optiom.
Recent News
Novacap Announces Digital Infrastructure Fund’s Strategic Partnership with INdigital
Novacap, a leading North American private equity firm, announced today that it has entered into definitive agreement to acquire Communications Venture Corporation, Inc. (DBA “INdigital”).
Alliance Labeling Joins Forces with Novacap to Fuel Growth and Expand Market Reach
Novacap, a leading North American private equity firm, is pleased to announce its acquisition of Alliance Labeling Inc. (Alliance), a leading Canadian provider of value-added, full-service ancillary packaging and warehousing solutions with specialized engineering capabilities,…
Learn MoreNovacap Announces Successful Exit from AGA Benefit Solutions
Novacap announces the sale of AGA Benefit Solutions (AGA), marking a significant milestone following a strategic period of remarkable growth and expansion for the company.
Novacap’s First TMT VI Portfolio Exit: Plusgrade Welcomes Investment from General Atlantic
Novacap is pleased to announce the sale of Plusgrade, a leader in travel industry ancillary revenue solutions, to General Atlantic. This successful transaction represents the first exit from our TMT VI portfolio and marks a…
Learn MoreALL WEST PARTNERS WITH NOVACAP TO ACCELERATE BROADBAND GROWTH
MONTREAL, QC and Kamas, Utah – January 10th, 2024, Novacap, a leading North American private markets firm, is pleased to announce that it has successfully closed its investment in All West Communications (“All West”) alongside…
Learn MoreHarmony Healthcare IT Partners with Novacap to Accelerate Innovation and Growth in Healthcare Data Management
Harmony Healthcare IT (HHIT), a leading health data management and platform solution provider, today announced a significant investment from Novacap, one of North America’s premier private equity firms. The partnership will enhance HHIT’s technological capabilities…
Learn MoreAviva to Acquire Optiom O2 Holding Inc.
Today, Aviva plc through its subsidiary Aviva Canada announced the acquisition of Optiom from Novacap Financial Services I.
Novacap Announces Key Appointments and Promotions in TMT and DI Groups
Novacap is pleased to announce strategic appointments and promotions within its Technology, Media, and Telecommunications (TMT) and Digital Infrastructure (DI) groups. These changes are indicative of our commitment to professional excellence and strategic growth
Lewis & Ellis Partners with Novacap to Accelerate Growth and Innovation
Strategic partnership announces a transformative era of growth and innovation for leading actuarial consulting firm Lewis & Ellis
Accurate Group Expands Portfolio of Companies and Breadth of Services with Acquisition of Voxtur Appraisal Services, LLC
Leading Real Estate Technology Provider Strengthens Industry Footprint and Valuation Capabilities with Strategic Acquisition
LGI Healthcare Solutions acquires Boston Software Systems
A strengthened portfolio to improve and accelerate connected healthcare
Québec-based Syntax Systems and Beyond Technologies to Join Forces
Syntax to Acquire Beyond Technologies, Creating a Global Team of 2,800+ Expands Syntax’s Industry-Focused Capabilities, SAP® Expertise and Professional Services Talent
COFOMO AND AGILIA SOLUTIONS JOIN FORCES
This agreement addresses the growing demand from organizations looking for a one-stop shop for world-class IT services
AGA Benefit Solutions acquires HRIS software firm, Cangaroo
Cangaroo, an HRIS software company, comes into the fold of AGA Benefit Solutions
Converged TV Pioneer Cadent Acquired by Novacap
Novacap’s TMT VI Fund announces its fourth acquisition, investing in Cadent, a foundational player in the converged TV advertising technology sector.
Jean-François Routhier Promoted to Managing Partner
Novacap is pleased to announce the promotion of Jean-François Routhier to the position of Managing Partner of the Industries Funds. Mr. Routhier has an exceptional track record of over 18 years in various roles within…
Learn MorePREVIAN 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.
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…
Learn MoreStatic 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
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.
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…
Learn MoreThe 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…
Learn MoreCanada 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.
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…
Learn MoreAncillary 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$3.5 billion in new revenue opportunities for its partners through 2022Acquisition creates unmatched scale in the…
Learn MoreNovacap Announces Sale of Greenwood Mushrooms Development Corp. to Instar Asset Management Inc
Greenwood Mushrooms Development Corp. (Greenwood), a Novacap Industries IV portfolio company and leading mushroom producer in Canada, has been acquired today by Instar Asset Management Inc. a private equity firm focused on North American middle-market…
Learn MoreNovacap Recognized by Preqin and HEC Dow Jones for Exceptional Performance
Novacap is proud to share that both HEC Paris-DowJones and Preqin have recognized Novacap for exceptional performance.
Novacap Announces the Creation of the Women In Finance Bursary
The firm is committing 200,000$ as well as providing opportunities to participate in paid internship programs and access to mentoring to advance gender parity
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…
Learn MoreNovacap 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…
Learn MoreNovacap 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…
Learn MoreNovacap 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…
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