Active Equity Fund

Noverra Active Equity Fund is looking to acquire well performing operating businesses with Enterprise Values up to $20M.  We have committed capital to pursue a series of acquisitions; we are aiming to build a strong portfolio of operating companies over the coming 5 to 10 years.

Like many private equity funds, we are leveraged acquirers that combine our committed equity capital along-side the appropriate debt structure for each deal, to achieve our targeted returns.  However, we differ from traditional private equity funds in three key ways.  Firstly, our equity capital is provided by our Active Partners, enabling more flexibility in deal parameters.  Secondly, we consider ourselves Principal Investors and Business Builders, as opposed to Fund Managers which means we can get much more actively involved in the management and leadership of the companies we invest in, as required.  Thirdly, we do not have set timelines to return capital to a passive investor base, and therefore, we are less concerned about exit strategies, and more concerned about strong business and financial fundamentals.

Although we are specifically looking for acquisitions of small and mid-sized businesses up to $20M in Enterprise Value, we will consider larger deals where our background and experience is especially strong.