On August 6, 2020, Novacap announced that it had acquired an interest in Montreal-based FortNine (fortnine.ca), a leading e-commerce platform for motorcycle, dirt bike, ATV, snowmobile and other powersports gear, accessories and parts.

Novacap is a leading Canadian private equity firm with $3.6 billion of assets under management. 

Gowling WLG advised Novacap on this acquisition with a team led by Rafal Wrzesien and that included Ingrid Anton and Georgi Paskalev (corporate/M&A), Matthew Finn and Philippe Matziorinis (intellectual property), Julia Kappler (French language and privacy) and Olivier Lamoureux (employment), with the assistance of paralegals Rosa Pinheiro, Tanya DeNardis and Linda Kharaboyan.