Champlain-Led Consortium and Jean Bédard Take Sportscene Group Private

January 17, 2022

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.

Buyers
13401537 Canada Inc., Champlain Financial Corporation, Fondaction, Société Financière Bourgie, Horizon Capital Holdings Inc., Jean Bédard, Gestion Jean Bédard Inc.
Targets
Sportscene Group Inc.
Sellers
Public holders of Class A shares of Sportscene (Sportscene shareholders)
Location
Quebec, Canada
Transaction Type
Buyout

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