GNI Management Group Acquires Isolation Majeau et frère inc.
October 4, 2022
GNI Management Group Inc., an Ironbridge Equity Partners portfolio company, has acquired St-Esprit-based insulation contractor Isolation Majeau et frère inc. The add-on expands GNI's footprint into Quebec (its first expansion beyond Ontario) and aims to broaden IMF's capabilities and service coverage in the Greater Montreal region; financial terms were not disclosed.
- Buyers
- GNI Management Group Inc., Ironbridge Equity Partners
- Targets
- Isolation Majeau et frère inc.
- Sellers
- Marcel Lapierre (Owner/Operator)
- Platforms
- GNI Management Group Inc.
- Industry
- Construction
- Location
- Quebec, Canada
- Transaction Type
- Addon
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