Brightstar Capital Partners
Overview
| Deal Type | Mergers & Acquisitions |
|---|---|
| Client & Transactional Partners |
Brightstar Capital Partners Novae Corp. |
Our Role | Buy-Side Advisor |
Summary
On December 22, 2021, KeyBanc Capital Markets (“KBCM") successfully completed its buy-side advisory mandate in support of Brightstar Capital Partners’ (“Brightstar”) acquisition of Novae Corp. (“Novae”). KBCM was retained as Buy-Side Advisor as a result of its strong relationship with Brightstar and unique insight into Novae and its niche industry.
Brightstar Capital Partners is a New York-based private equity firm that has raised two private equity funds with approximately $2.3 billion in aggregate capital and has successfully completed 22 investments since its founding in 2015. Brightstar has historically invested in family-owned companies and has developed industry expertise in manufacturing, business services and consumer sectors.
Founded in 1995 and headquartered in Markle, Indiana, Novae is one of the leading and fastest growing manufacturers of professional grade trailers. Novae primarily sells its branded trailer offering through a nation-wide dealer network and hosts manufacturing operations across 15 facilities in five states. Following an impressive 15-year period of organic revenue growth and five add-on acquisitions, Novae has grown to the number two player in the North American trailer market as of 2021.
