Novacap to see eight-fold return on public sale of Stingray shares
Canadian private equity firm Novacap is likely to see a strong multiple from its investment in Montréal’s Stingray Digital Group following the company’s successful IPO on Wednesday. Novacap President and Managing Partner Pascal Tremblay told peHUB Canada he expects to see an eight-fold return from a concurrent secondary transaction that sold most of the firm's 29.4 percent interest in Stingray.
3 June 2015•3 mins read
