June 23, 2021, Reston, VA
Outcome Capital, an investment banking firm that serves middle market growth companies in aerospace, defense and government services, technology, and life sciences, is pleased to announce that Nova Technologies (“Nova” or the “Company”) has received an equity investment from Slate Capital Group, a private equity firm based in Baltimore, MD, investing in federal services, business services, distribution, light manufacturing, and food & beverage markets. Outcome Capital provided exclusive advisory services to the Company.
Nova Technologies leverages experienced personnel to deliver training & simulation solutions to defense customers worldwide. Continually focused on the Warfighter, Nova acts as a strategic DoD partner supporting U.S. armed services. This transaction announcement shortly follows their recent KC-10 Training System win.
“Nova was principally focused on finding the right partner to continue our growth into the future. The Outcome Capital team, led by Tom Peltier, served as a critical advisor, aligning our strategic goals and growth initiatives. We are eager to grow with Slate and continue serving mission-critical operations”, stated James “Buddy” Black, Nova President.
“We appreciated Outcome Capital’s client-focused approach throughout this transaction. The Outcome team brought significant industry knowledge and transaction expertise, leading to a result which will benefit both Nova and Slate as we look toward the future”, commented Erik Ginsberg, Managing Partner of Slate Capital Group.
About Outcome Capital
Outcome Capital is a unique investment banking firm that provides middle-market growth companies in the aerospace & defense, government services, technology, healthcare, and life sciences markets with a value-added client-centric approach to merger, acquisition and corporate finance advisory services. The firm utilizes its proven approach to value enhancement by assisting boards and management teams in navigating both the financial and strategic markets and in implementing the best path for success. Outcome Capital’s strength stems from its unique ability to draw on its wide range of operational, strategic and transactional experience, its expertise across the value chain, and its broad industry relationships. The professionals at Outcome Capital take pride in their ability to help their clients to make well-informed strategic decisions and recognize the full value created by their vision. For more information, visit: www.outcomecapital.com
Based in Tallahassee, FL, Nova Technologies is an industry leader in providing training and simulation support to the U.S. Army, Navy, Air Force, Marine Corps, and Special Operation Forces (SOF) warfighters worldwide. Nova Technologies’ leadership team and dedicated employees stand ready to support America’s warfighters as they carry out their mission to keep the country free and safe from harm. For more information, visit: www.novatechnologies.com
About Slate Capital Group
Slate Capital is a private investment group based in Baltimore, MD that partners with middle market companies. Slate provides liquidity to business owners and growth capital to businesses for further expansion. For more information, visit www.slatecap.com