Caisse de dépôt and BMO invest $20 mln in Novacap-backed Nautilus Plus
Nautilus Plus Inc, a St-Hubert, Québec-based operator of a chain of 39 fitness centres, has secured a $20 million investment from Canadian pension fund manager the Caisse de dépôt et placement du Québec and private equity firm BMO Capital Partners. The investment will enable the company to continue expanding its corporate network. The Caisse de dépôt and BMO join existing investor in Nautilus Plus, Novacap Industries, which is managed by Longueuil, Québec-based private equity firm Novacap. Novacap first invested in the company in partnership with management in 2008.
18 November 2013•4 mins read
