The Raymond Chabot Grant Thornton M&A and Corporate Finance team is pleased to announce the sale of Caravane 185 (2006) Inc. to Jean-Philppe Cantin, a Québec City area businessman.
Caravane 185 (2006) Inc. specializes in recreational vehicle sales and rentals. With over 750 vehicles sold annually, it is considered a major player in its field and the leader in Eastern Quebec. Caravane 185 (2006) Inc. distributes Forester, Cougar, Forest River, Crossroad, Laredo, Wildwood, Coachmen, Apex and many other brands! The company has over 75 employees during the high season and four business establishments: Caravane 185 in Saint-Antonin, near Rivière-du-Loup (head office), Caravane Marco in Québec city, Caravane 185 in Matane and Caravane 185 in Edmundston, New Brunswick.
Caravane 185 Sells 100% of Its Shares to New Owner.
Caravane 185 called on the advisory services of Raymond Chabot Grant Thornton’s M&A and Corporate Finance team to advise on the company’s sale.
Gilles d’Amours stated, “Thanks to Raymond Chabot Grant Thornton’s experts, I was able to evaluate several scenarios, including the partial sale of some dealerships or the sale of all dealerships to the same buyer. I opted for the latter scenario, which allowed me to complete the transaction quickly and efficiently.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our M&A team.
About Raymond Chabot Grant Thornton
Our leading mid-market focused financial advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets. We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities.
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization. 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 56,000 people in over 140 countries.
01 Nov 2020 | Written by :