Canada's Novacap, CRCD Become Creaform Financial Partners
 LEVIS,
QUEBEC, Canada, Jul 6, 2009 – Creaform, developer and manufacturer of the
Handyscan 3D line-up of handheld and self-positioning laser scanners, and
specialized in 3D technologies, announces an important investment from two
major Canadian investment companies: Novacap and Capital régional et
coopératif Desjardins (CRCD).
“Creaform now has two first-rate financial partners, said Charles Mony,
president of Creaform. Their expertise in finance and economy will be very
precious to us, in particular in the realization of future expansion and
acquisition projects. Plus, Novacap’s and CRCD’s financial support will help
us speed up our growth and strengthen both our well-established line-ups of
products, Handyscan 3D and HandyPROBE, while carrying on with our R&D
efforts.”
“Creaform is certainly a jewel amongst the Canadian high technology
companies, and will rapidly become a world leader in its industry. Creaform
is a great addition to Novacap’s technology portfolio, and we are thrilled
to work with them going forward and to contribute to their success”, said
Pascal Tremblay, general partner at Novacap.
“We are proud to join Novacap in supporting Creaform’s growth. Thanks to
the quality and diversification of its clientele and the experience of its
team of employees, Creaform is well-positioned on the growing market of 3D
scanning”, said Luc Ménard, vice-president of Desjardins Venture Capital.
This agreement was signed after Creaform has announced very positive
sales results for Q1, that is to say a 35% year over year revenue increase.
About Creaform
Creaform is a world-class technological company offering 3D digital
solutions with offices in Canada, the United States, France, China and
Japan. Creaform combines every 3D process and technology with innovative
solutions that can cover the entire range of 3D needs: 3D scanning, reverse
engineering, inspection, design and engineering and FEA. Our wide range of
products and services as well as our advanced training program are intended
for companies from the automotive, aerospace, consumer products, education,
heritage preservation & architecture, manufacturing, medical care and
multimedia industries, among others.
Creaform has developed and sells the Handyscan 3D line of scanners. These
state-of-the-art self-positioning handheld 3D laser scanners are known for
the high accuracy of the 3D scanning data they generate, their true
portability, and ease of use. Creaform also manufactures and sells the
HandyPROBE portable arm-free CMM, a probing system designed for inspection
applications.
For more information, visit at
www.creaform3d.com.
About Novacap
Founded in 1981, Novacap is one of the market leaders in private equity
investments in Canada with more than $800 million under management. Its
partnership approach with management teams allowed several businesses to
accelerate their growth and maximize their value. Novacap provides active
support, deep operational expertise and long term capital to help companies
realize their full potential.
For more information, visit at
www.novacap.ca
About Capital régional et coopératif Desjardins
Founded in 2001, Capital régional et coopératif Desjardins is a publicly
traded company managed by Desjardins Venture Capital. With over 122,000
shareholders, the Company contributes to Québec’s economic development while
driving the growth of cooperatives and the resource regions. Capital
régional et coopératif Desjardins currently supports more than 200 companies
and cooperatives in various industries spanning all Québec regions.
For more information, visit at
www.capitalregional.com.
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See Also
Creaform website
3D Digitizers and Scanners - list of products and companies by
TenLinks.comAdditional News
May 3 - Creaform to Launch Extension of HandyPROBE Line-Up
Jan 26 - Creaform Hires Thomas Thompson as Sales Director
Jan 20 - Creaform Unveils InSpeck for 3D scanning in Medical
Oct 21 - Creaform Ranks 45th in Deloitte's North American Fast 500
Oct 1 - Creaform Ranks 7th in Deloitte Fast 50 List in Canada
Sep 22 - Creaform Launches Technological Blog
Sep 16 - Creaform Releases UNIscan 3D Scanner
Sep 8 - Creaform H1 Sales Up 25%, Handyscan 3D Units Up 22%
Jul 6 - Canada's Novacap, CRCD Become Creaform Financial Partners
May 21 - Creaform Q1 Sales Up 35%, Sells 1,000th Laser Scanner
Apr 1 - Creaform to Offer FEA Services
Sep 30 - Metrologic Creates Interface for Creaform Handyscan Scanner
Sep 25 - Creaform Ranked 22nd in Deloitte Fast 50 List
Aug 12 - Creaform Introduces VIUscan 3D color Scanner
Source: Material used in press releases is often supplied by external
sources and used as is. |
