Novacap Buys Pipp Mobile Storage From Prospect Partners
In its second retail-focused deal this month, Canadian mid-market buyout firm Novacap announced it has acquired a stake in Pipp Mobile Storage Systems Inc., a provider of management solutions for customer-specific storage needs. Walker, Michigan-based Pipp Mobile was sold to Novacap by Chicago private equity investor Prospect Partners, which acquired the company in 2005. Last week, Novacap entered into an agreement to acquire Saint-Laurent, Québec-based luggage retailer Bentley Leathers Inc.





