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.
Identity changes, mergers, acquisitions, splits, and transferred business lines.
1 event
Scope: MDA Canadian space technology business (100% transferred)
Modeled as divested business becoming MDA Ltd.; buyer captured as Northern Private Capital participant.
Maxar sold MDA operations to a consortium led by Northern Private Capital; MDA became an independent Canadian company.