Sagard Private Equity Canada Leads Buyout of Groupe LOU-TEC Inc.

Lou-Tec Acquires Torcan Lift Equipment

October 11, 2023

Industrial Services

Lou-Tec, a Quebec-based heavy machinery and equipment rental company, has acquired Torcan Lift Equipment, an Ontario specialist in aerial lift sales, rental and maintenance. The deal expands Lou-Tec's presence into Ontario, adds Torcan's fleet and teams to Lou-Tec's network, and is supported by Lou-Tec's private equity backers to accelerate growth and geographic expansion.

LOU-TEC Acquires Accès Location +

June 17, 2022

Industrial Services

LOU-TEC, a Quebec-based equipment rental network backed by private capital, acquired Accès Location +—an aerial lift equipment rental specialist—on June 17, 2022. The deal consolidates LOU-TEC's position as a Quebec leader in heavy machinery and specialized equipment rental, expanding its aerial-lift fleet and regional footprint across the Montreal South Shore, North Shore and the Capitale-Nationale region.

LOU-TEC Acquires YEP Location d'équipements

October 25, 2022

Industrial Services

LOU-TEC, a leading heavy equipment and tool rental company in Quebec, has acquired Quebec-based YEP Location d'équipements. The acquisition adds five service locations and an inventory of more than 3,500 tools, and is an add-on to LOU-TEC's platform to consolidate the equipment rental market and expand service coverage in the Sherbrooke–Montreal corridor.

Sagard Private Equity Canada and Desjardins Capital Invest in Norbec Inc.

October 10, 2023

Building Products

Sagard Private Equity Canada has made a significant investment in Norbec Inc.'s share capital, joining Desjardins Capital, Norbec's founder and the company's management team as shareholders. The capital injection will support Norbec's continued scaling of manufacturing operations and targeted regional expansion while the company remains headquartered in Boucherville, Quebec with ~325 employees.

Sagard PE, Fondaction and Roynat Invest in Courchesne Larose Group

December 20, 2022

Food & Beverage

Sagard Private Equity Canada has made a significant growth investment in Courchesne Larose Group, joined by Fondaction and Roynat Equity Partners, to support the company's expansion beyond Quebec and the Maritimes. The Routhier Monette family and management remain shareholders, and the transaction is supported by several lenders including National Bank of Canada, CIBC, Scotiabank and Royal Bank of Canada.

JLD-Laguë (Champlain) and Groupe Soucy Acquire Location Sauvageau and Location Légaré

June 1, 2022

Automotive

Champlain-backed JLD-Laguë, together with Groupe Soucy (and backed by Champlain Financial Corporation), completed the acquisition of Location Sauvageau and Location Légaré in June 2022. The deal brings the leading Quebec short- and medium-term commercial vehicle rental businesses (3,800+ utility vehicles combined) into JLD-Laguë's platform as an add-on to accelerate growth and expand service offerings in Quebec.