{"id":21300,"date":"2017-07-23T15:18:52","date_gmt":"2017-07-23T13:18:52","guid":{"rendered":"http:\/\/modern-wilderness.flywheelsites.com\/?p=21300"},"modified":"2017-07-23T15:18:52","modified_gmt":"2017-07-23T13:18:52","slug":"novacap-announces-partnership-canadian-furniture-manufacturer-bestar-inc","status":"publish","type":"post","link":"https:\/\/officerepublic.news\/en\/2017\/07\/novacap-announces-partnership-canadian-furniture-manufacturer-bestar-inc\/","title":{"rendered":"Novacap Announces partnership with Canadian furniture manufacturer Bestar Inc."},"content":{"rendered":"<p><strong>Novacap, a Canadian leader in private equity, today announced a partnership with Bestar Inc. (&#8220;Bestar&#8221;). Financial terms of the transaction were not disclosed.\u00a0<\/strong><\/p>\n<p>Headquartered in Lac-M\u00e9gantic, <span class=\"xn-location\">Quebec<\/span>, Bestar is a leading designer and manufacturer of ready-to-assemble home and office furniture primarily sold online in <span class=\"xn-location\">Canada<\/span> and <span class=\"xn-location\">the United States<\/span>. The company currently employs over 150 people in the Eastern Townships.<\/p>\n<h4>&#8216;Propel the company&#8217;s growth&#8217;<\/h4>\n<p>&#8220;<em>We are very pleased to team up with a local business partner with a proven track record of acquisitions and strategic alliances,<\/em>&#8221; said Mario Aub\u00e9, President of Bestar. &#8220;<em>Novacap will help us achieve our business plan and our many growth projects. We are convinced that together we will form a strong team that will consolidate our success and propel the company&#8217;s growth.<\/em> &#8221;<\/p>\n<p>&#8220;<em>Novacap is particularly proud to partner with Bestar<\/em>,&#8221; said Fr\u00e9d\u00e9rick Perrault, senior partner at Novacap. &#8220;O<em>ver the years, the company has built strong relationships with key customers in the industry. Bestar holds a strategic position in the market, supported by continuous innovation and a significant presence on the Internet. We are very excited to team up with seasoned operators and we look forward to contributing to Bestar&#8217;s ambitious growth plan.<\/em> &#8221;<\/p>\n<h4>About Bestar Inc.<\/h4>\n<p>Founded in 1948, The company designs, manufactures, and distributes a wide range of ready-to-assemble furnishings that meet the needs of consumers in terms of quality, design and functionality. Its products are distributed primarily in <span class=\"xn-location\">Canada<\/span> and <span class=\"xn-location\">the United States<\/span>.<\/p>\n<h4>About Novacap<\/h4>\n<p>Founded in 1981, Novacap is a leading Canadian private equity firm with <span class=\"xn-money\">$2.26 billion<\/span> of assets under management. The Firm has raised over <span class=\"xn-money\">$2.6 billion<\/span> in capital since its inception. Novacap&#8217;s unique investment approach, based on deep operational expertise and an active partnership with entrepreneurs, has helped accelerate growth and create long-term value for its numerous investee companies. With an experienced management team and substantial financial resources, Novacap is well positioned to continue building world-class companies.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Novacap, a Canadian leader in private equity, today announced a partnership with Bestar Inc. (&#8220;Bestar&#8221;). Financial terms of the transaction were not disclosed.\u00a0 Headquartered in Lac-M\u00e9gantic, Quebec, Bestar is a leading designer and manufacturer of ready-to-assemble home and office furniture primarily sold online in Canada and the United States. The company currently employs over 150&hellip;<\/p>\n","protected":false},"author":6,"featured_media":21302,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"Novacap Announces partnership with Canadian furniture manufacturer Bestar Inc.","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[3091,4558],"tags":[4611,4612],"jetpack_publicize_connections":[],"acf":{"app_titel":"","app_article":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.5.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Novacap Announces partnership with Canadian furniture manufacturer Bestar Inc. | OfficeRepublic<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/officerepublic.news\/en\/2017\/07\/novacap-announces-partnership-canadian-furniture-manufacturer-bestar-inc\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Novacap Announces partnership with Canadian furniture manufacturer Bestar Inc. | OfficeRepublic\" \/>\n<meta property=\"og:description\" content=\"Novacap, a Canadian leader in private equity, today announced a partnership with Bestar Inc. (&#8220;Bestar&#8221;). Financial terms of the transaction were not disclosed.\u00a0 Headquartered in Lac-M\u00e9gantic, Quebec, Bestar is a leading designer and manufacturer of ready-to-assemble home and office furniture primarily sold online in Canada and the United States. 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