SLATE CAPITAL GROUP PROVIDES EQUITY INVESTMENT IN NOVA TECHNOLOGIES
FOR IMMEDIATE RELEASE
June 18, 2021
SLATE CAPITAL GROUP PROVIDES EQUITY INVESTMENT IN NOVA TECHNOLOGIES
(Baltimore, MD) — Slate Capital Group, a private equity investment group in Baltimore that partners with lower-middle market companies, announced today its equity investment in Nova Technologies.
Based in Tallahassee, Florida, Nova Technologies is a recognized leader in providing technology and support for training Army, Navy, Air Force, and Marine Corps warfighters worldwide. The company is focused on the design, development, and sustainment of military training systems from front-end analysis through implementation and sustainment. Nova Technologies also aids industry leaders such as Lockheed Martin, Boeing, Northrop Grumman, L-3 Communications, SAIC, and Rockwell Collins by providing solutions to their toughest engineering challenges.
“When we met the team at Nova Technologies, we knew we needed to support their team, mission, and services. We believe that with our invested growth capital, Slate Capital Group will make an impactful difference for the further expansion of Nova Technologies,” said Erik Ginsberg, Partner, Slate Capital Group, and Board Member, Nova Technologies.
About Slate Capital Group (http://www.SlateCap.com)
Slate Capital Group is a private equity investment group based in Baltimore that partners with lower-middle market companies. Slate Capital Group provides liquidity to business owners and growth capital to businesses with annual EBITDA of $3-15 million. The firm’s primary areas of focus include business services, distribution, and select light manufacturing.
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