Corporations looking to conduct carve-outs would do well to consider Nova Capital as a buyer. The London investment firm, which opened a North American office in Chicago in 2013, specializes in buying portfolios of companies from large, publicly traded organizations, as well as from private equity firms. The firm's pitch to sellers is that they can "succcessfully unlock their holdings in a portfolio of companies" in a single transaction.
The strategy has proved successful over the years in Europe, says investment partner David Jacobs. In more recent years, the company has begun focusing on North America.