Novacap is pleased to announce the successful completion of its previously-announced acquisition of Communications Venture Corporation, Inc. (DBA “INdigital”).

“We are thrilled to formally welcome INdigital, a pioneer in Next Generation 9-1-1 services, into the Novacap family,” stated François Laflamme, Senior Partner at Novacap. “This acquisition emphasizes our commitment to investing in technologies that enhance public safety. INdigital’s innovative solutions and solid market position perfectly aligns with our investment strategy. Our aim is to collaborate with the INdigital team to foster their growth in the NG911 sector.”

“We are excited to have achieved this significant milestone,” expressed Mark Grady, Founder and CEO of INdigital. “We are eager to work closely with the Novacap team to further innovate and broaden our capabilities to deliver state-of-the-art, lifesaving technologies globally.”

INdigital is the second portfolio company of Novacap’s Digital Infrastructure platform.

Houlihan Lokey served as exclusive financial advisor and Dentons served as legal advisor to INdigital.

Foley & Lardner served as legal advisor to Novacap.