Northern Private Capital (NPC) is a Toronto-based private equity firm focused on long-term investments in technology-driven businesses. While a generalist investor, NPC made headlines in 2020 for acquiring MDA (formerly MacDonald, Dettwiler and Associates), Canada's largest space technology company, from Maxar Technologies. MDA is a leader in space robotics, radar satellite technology, and satellite components, having delivered technologies like the Canadarm. NPC's acquisition of MDA signifies its role in supporting and growing Canadian space capabilities.
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MDA became an independent company when its sale to an investor group led by Northern Private Capital, announced in December 2019, closed.
Maxar announced in April that it was selling MDA for $729,000,000 to a consortium of investors led by Northern Private Capital of Toronto.
Maxar Technologies sold MDA in April 2020 for $729,000,000 to a consortium of investors led by Northern Private Capital of Toronto.
Maxar Technologies agreed to sell its Canadian subsidiary MDA to a consortium led by Northern Private Capital for 1 billion Canadian dollars.