Lisa Melchior’s Vertu closes inaugural deal, buys Novacap-backed Firmex
Vertu Capital has teamed up with BDC Capital's growth equity group to acquire Firmex, a Toronto provider of virtual data rooms and secure document sharing solutions. Terms weren’t disclosed. Vertu and BDC partnered on the deal with top management, including Joel Lessem, the company’s co-founder and CEO. Debt financing was provided by Bank of Montreal. The seller is Novacap’s mid-market tech group, which acquired Firmex in 2016. Firmex is the inaugural investment of Vertu, a tech private equity firm founded two years ago by Lisa Melchior, a former managing director of OMERS Private Equity.
5 February 2019•2 mins read
