Champlain Financial Corporation-Led Group Acquires Dion Herbs & Spices

Champlain Financial Corporation-led Group Acquires Boulangerie Dumas

June 4, 2020

Food & Beverage

A group of Quebec investors led by Champlain Financial Corporation acquired Boulangerie-Pâtisserie Dumas, a Quebec City-based producer of puff pastries, croissants and vol‑au‑vents. Champlain will support the company’s product development and distribution expansion across Canada and into the United States; Marc Poulin joined as Executive Chairman. Financial terms were not disclosed.

Champlain Financial Corporation Acquires La Canadienne

July 31, 2019

Consumer Products

Champlain Financial Corporation led an investor group to acquire La Canadienne, a Montreal-based designer, manufacturer and retailer of women's winter footwear. Champlain plans to leverage La Canadienne's Canadian-made heritage and retail, wholesale and e-commerce channels to expand the brand into new markets and drive growth under new leadership.

iSpice Foods Acquires Spice Chain Corporation from Frontenac

September 20, 2022

Food & Beverage

iSpice Foods, a privately held spice importer and processor based in Jackson, Alabama, has acquired Spice Chain Corporation, a New Jersey-based importer, processor and supplier of spices and seasonings. The seller was Frontenac, which had previously owned Spice Chain; financial terms were not disclosed and Boxwood Partners acted as sell-side advisor.

Frontenac Acquires Monterey Bay Spice Company

January 11, 2021

Food & Beverage

Chicago-based private equity firm Frontenac has acquired Monterey Bay Spice Company (HerbCo), a Watsonville, California-based processor and distributor of botanicals, herbs, teas, essential oils, seasonings and spices, from its founder. Frontenac said it will invest in strategic growth initiatives, add complementary capabilities and work with food industry veteran Bob Aiken (appointed Executive Chairman) to expand Monterey Bay's market penetration across nutraceutical, food & beverage, and health & beauty end markets.

Champlain Financial Corporation and Fondaction Invest in Armoires Cuisines Action

August 24, 2022

Building Products

An investor group led by Champlain Financial Corporation, with participation from Fondaction, acquired a stake in Armoires Cuisines Action in July 2022. The deal provides strategic and financial support to accelerate growth while members of the founding Naud van Gennip family and key executives remain shareholders and continue in leadership roles.

Champlain-Led Consortium and Jean Bédard Take Sportscene Group Private

January 17, 2022

Restaurants & Hospitality

Sportscene Group Inc. completed a going-private amalgamation in which two subsidiaries of 13401537 Canada Inc. (controlled by CEO Jean Bédard) together with a consortium led by Champlain Financial Corporation — including Fondaction, Société Financière Bourgie and Horizon Capital Holdings Inc. — acquired the company. The transaction redeems public Class A shares for $7.25 per share and will result in the delisting of Sportscene from the TSX Venture Exchange and cessation of reporting obligations.