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TCED International announces a financial partnership with a consortium

Raymond Chabot Grant Thornton advises TCED International on a financial partnership with a consortium led by Champlain Financial Corporation.

Founded by the Rozon family in 1964, TCED International (TCED) is a leading value-added distributor offering a diverse and comprehensive portfolio of battery and renewable energy products and solutions to commercial customers located across Canada and the United States. It also has the capacity and sourcing programs necessary for international distribution.

TCED currently operates a franchise network of 60 retail stores under the Batteries Expert brand. A third-generation family business, TCED has established a strong supplier base in Asia and the United States and offers a comprehensive and diverse range of recognized brands at competitive prices.

The shareholders of TCED International are proud to announce a financial partnership with a consortium of Québec investors. The group is led by Champlain Financial Corporation, and includes the participation of Fondaction, Roynat Capital, the Infilise Group as well as the Soucy Group.

This strategic partnership marks a key milestone in the trajectory of TCED and Batteries Expert, paving the way for significant expansion and consolidation of its presence in the North American market.

Raymond Chabot Grant Thornton acted as the exclusive financial advisor to TCED International.

The Rozon family, founder and shareholder for 60 years, maintains its participation in the shareholding. Élise Rozon, representative of the third generation of the family, retains her position as president and general manager of the company and remains a shareholder of the company. Joining the members of the board, Mr. Philippe Infilise, will assume the functions of chairman of the board of directors.

“This is an exciting new chapter for TCED, states Élise Rozon, President TCED International. This exciting partnership will enable the company to further accelerate its growth and support the company in the next phase of its development.”

“Our partnership with Batteries Expert reflects our appreciation for companies with a strong local presence. We are pleased to collaborate with Batteries Expert, a brand recognized for its quality, which reinforces our commitment to supporting promising companies in Québec.” declares Pierre Simard, managing partner of Champlain Financial Corporation.

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our sales, acquisitions and corporate finance advisory team.

About Raymond Chabot Grant Thornton

Raymond Chabot Grant Thornton is a Canadian leader in the areas assurance, tax, advisory services and business recovery and reorganization.

Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets.

Our team brings deep industry knowledge to each transaction in support of our clients’ corporate finance strategies and priorities. By leveraging our extensive experience working with mid-market businesses, our understanding of shareholder objectives, our approach to deal structuring and our creative solutions, we strive to achieve a transaction process that leads to a successful outcome for all stakeholders.

Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,800 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 68,000 people in more than 145 markets.

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