Bestar Receives Private Equity Investment from Novacap

Bestar, a Lac-Mégantic, Quebec, Canada-based designer and manufacturer of ready-to-assemble furniture, received a private equity investment from Novacap.

The amount of the deal was not disclosed.

The company will use the funds to continue to conduct growth projects.

Founded in 1948 and led by Mario Aubé, President, Bestar designs, manufactures, and distributes a wide range of ready-to-assemble home and office furniture primarily sold online in Canada and the United States.
The company currently employs over 150 people in the Eastern Townships.

FinSMEs

23/07/2017

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