Sagard Private Equity Canada Leads Buyout of Groupe LOU-TEC Inc.
September 8, 2021
Sagard Private Equity Canada, alongside Walter Capital Partners, Investissement Québec and BDC Capital, has acquired Groupe LOU-TEC Inc., a leading heavy machinery and equipment rental company operating primarily in Quebec. The investors will partner with LOU-TEC management to accelerate geographic expansion, pursue digital initiatives and broaden product offerings across the Canadian rental market.
- Buyers
- Sagard Private Equity Canada, Walter Capital Partners, Investissement Québec, BDC Capital
- Targets
- Groupe LOU-TEC Inc.
- Sellers
- Current Groupe LOU-TEC management and shareholders
- Industry
- Industrial Services
- Location
- Quebec, Canada
- Transaction Type
- Buyout
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