Private Equity Firm Financial Services

W Investments

St-Lambert, Quebec, Canada

We are W Investments; a private equity fund based in Montreal, Canada. We target minority positions in businesses with at least $30M in enterprise value, with an average cheque size of about $10M. We’re sector-agnostic and have a 20-year investment horizon. We invest in private equity, real estate, and alternative investments.

Focus Areas
Private equity, Alternative investments, Real estate
Website
winvestments.ca

Tracked deals

7

7 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Growth capital

3 growth capital · 2 buyout · 1 addon

W Investments Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for W Investments. 1 2019 1 2021 1 2022 1 2023 2 2024 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

  • Buyer
    Platinum Equity, François-Xavier Souvay, W Investments, Peter Timotheatos, LMPG management team
    Target
    LMPG Inc.
    Seller
    Existing institutional investors
    Industry
    Manufacturing
    Location
    Quebec, Canada
    Type
    Buyout

    Platinum Equity made a significant investment in LMPG Inc., a Montreal-based manufacturer of specification-grade lighting solutions for commercial and infrastructure applications across North America. Financial terms were not disclosed, and LMPG founder François-Xavier Souvay, W Investments, CEO Peter Timotheatos, and management rolled their equity while Platinum acquired outstanding shares from existing institutional investors.

  • Buyer
    W Investments Group II L.P., Desjardins Capital
    Target
    Groupe BFL, Bousquet Technologies, Nagas Innovation
    Location
    Quebec, Canada

    W Investments Group II L.P., in partnership with Desjardins Capital, has acquired Groupe BFL and its subsidiaries Bousquet Technologies and Nagas Innovation. Management remains in place and the investors said the partnership will support accelerated growth and expanded North American distribution of the company’s energy‑recovery and ventilation products.

  • Buyer
    Averna, Walter Capital Partners, Investissement Québec, W Investments
    Target
    ELCOM a.s.
    Seller
    CEIP
    Location
    Czech Republic
    Type
    Addon

    Averna, a Walter Capital Partners portfolio company, has acquired ELCOM a.s. and its subsidiaries (RH‑Tech s.r.o. and ELTIA, s.r.o.) in the Czech Republic. The deal — supported by Averna shareholders including Walter Capital Partners, Investissement Québec and W Investments — adds ~150 employees and expands Averna's capabilities in test & measurement, power engineering and industrial automation as part of its international expansion.

  • Buyer
    GELPAC, CDPQ (Caisse de dépôt et placement du Québec), W Investments
    Target
    Standard Multiwall Bag Mfg. Co. (STANDARD BAG)
    Seller
    Standard Bag founding family (second-generation family owners)
    Industry
    Packaging
    Type
    Buyout

    GELPAC, a North American packaging solutions leader, has acquired Standard Multiwall Bag Mfg. Co., a family-owned manufacturer with production plants in Beaverton, Oregon and Lubbock, Texas. The deal — supported by financing from CDPQ, W Investments and a banking syndicate led by National Bank of Canada and with strategic support from NAMAKOR Holdings — expands GELPAC's production footprint and strengthens its capacity to serve agrifood, pharmaceutical and industrial customers across North America.

  • Buyer
    W Investments Group II L.P.
    Target
    LMPG Inc.
    Location
    Quebec, Canada

    W Investments Group II L.P. has become a shareholder in LMPG Inc., the Longueuil-based parent company of lighting firm Lumenpulse. The investment will support LMPG’s continued growth, planned North American expansion and strategic acquisitions to consolidate its position in the LED lighting market.

  • Buyer
    Namakor Holdings LP, W Investments Group LP, Tail End Capital Partners
    Target
    Gelpac Inc.
    Industry
    Manufacturing
    Location
    Quebec, Canada

    Namakor Holdings LP and W Investments Group LP completed a secondary purchase of Gelpac Inc. and onboarded Pittsburgh-based Tail End Capital Partners as a new investor. The transaction provides shareholder liquidity and raises capital to accelerate Gelpac’s growth through add-on acquisitions and expanded U.S. presence.

  • Buyer
    BDC Capital, Georges Karam, Fondaction, W Investments Group
    Target
    SIM‑Cognibox
    Industry
    Cloud & SaaS
    Location
    Quebec, Canada

    BDC Capital, Georges Karam, Fondaction and W Investments have taken an equity stake in SIM‑Cognibox to support the company’s next growth phase. Georges Karam will join the executive team as CEO as the investors provide capital and strategic expertise to accelerate international expansion while preserving operations and jobs in Shawinigan, Quebec.

Related Acquisition Pages

Selling a company? Get in front of buyers like W Investments

Turn tracked acquisition activity into an outreach-ready buyer list.