Clearview Capital wraps up take-private acquisition of Novik
The Superior Court of Québec has approved the acquisition of Novik Inc (TSXV: NVK) by U.S. private equity firm Clearview Capital. As a result, the previously-announced deal, which is valued at approximately $45 million, has been closed. Trading of the company's shares on the TSX Venture Exchange was halted before the opening of the markets on February 14th. Founded in 2004, Novik is a designer, manufacturer and distributor of polymer exterior siding, roofing coverings and accessories. The company's office is in Saint-Augustin-de-Desmaures, Québec.
18 February 2014•4 mins read
