What is Noverra Group of Companies?
Noverra is an actively owned and strategically led family of construction and industrial services companies. We work closely with our operating businesses, support their leaders, and invest with a long-term mindset.
What kinds of companies does Noverra look to acquire?
We focus on businesses in construction and industrial services, including industrial and construction, building or infrastructure maintenance, construction and industrial equipment distribution and service, and other business-to-business services.
Where does Noverra invest?
Noverra focuses on companies in Canada and the United States, generally within practical proximity to Vancouver, BC.
How is Noverra different from private equity?
Noverra invests with an indefinite time horizon. Rather than buying businesses to resell them, our approach is to continue their proven success and invest further in their people over the long run.
Does Noverra always require 100% ownership?
No. 100% ownership is not required and we can be flexible in structuring transactions. Depending on the situation, this can include staged exits, minority partnerships, or support for management buyouts.
What does Noverra look for in a business?
Noverra looks for businesses with strong cash flow generation, a strong history of performance, and strong core management practices and people.
What happens after a company joins Noverra?
Noverra’s businesses remain independently run, while receiving active strategic support from the group. The goal is to preserve what already works, strengthen leadership, and support long-term growth.
What support does Noverra provide to operating companies?
Noverra provides strategic and financial support, especially in situations where an owner is transitioning out and the business needs deeper leadership or financial guidance to continue successfully.
How does Noverra approach leadership development?
Noverra works to develop incumbent teams rather than replace them as much as possible. There are times when a new leader is required by the business. If that is the case, Noverra works closely with the business to select a new leader. Noverra focuses intently on leadership development as a core part of helping management teams and key staff continue to grow in their careers.
Why do business owners choose Noverra?
Owners may be drawn to Noverra’s ability to close using internally generated equity, its flexible transaction structures, its long-term ownership model, and its hands-on support for leadership and business continuity.
How do I start a conversation with Noverra?
You can reach out through Noverra’s contact page, by phone, or through the contact information listed on the website to begin a conversation.