Transportation Acquisitions in Canada
Showing 1 transactions.
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JLD-Laguë and Groupe Soucy Acquire Location Sauvageau and Location LégaréJune 1, 2022
- Buyer
- JLD-Laguë, Groupe Soucy, Champlain Financial Corporation
- Target
- Location Sauvageau, Location Légaré
- Seller
- Jacquelin Voyer, Kevin Voyer, Nathalie Légaré
- Industry
- Transportation
- Location
- Quebec, Canada
- Type
- Addon
JLD-Laguë, a portfolio company of Champlain Financial Corporation, and Groupe Soucy led the acquisition of Location Sauvageau and Location Légaré in June 2022. The acquired group is a leading provider of short- and medium-term commercial and institutional vehicle rentals in Quebec, operating a fleet of 3,800+ utility vehicles. Financial terms were not disclosed, and the current management team will remain in place while Luc Soucy will serve as Executive Chairman.