08 Sep 2022
Saki Tzanidis
Partner | CPA | Financial advisory

Raymond Chabot Grant Thornton Corporate Finance is pleased to announce its role as exclusive financial advisor to Luxor Collection inc. (“Luxor”) in connection with the transaction.

Founded in 1987, Luxor is a leading high-end Canadian kitchen cabinet manufacturer recognized in the industry for the quality of its products and a well-established network of distributors across Canada and along the entire East Coast of the United States. Committed to provide high quality and durable products that are eco-friendly, Luxor has developed a recognized finishing process surpassing the highest environmental standards in North America. Mastering the application of water-based paint allows Luxor to offer a unique and environmentally conscious product without compromising the high quality of its products.

Luxor called on Raymond Chabot Grant Thornton’s Corporate Finance experts to advise the Company in connection with the transaction.

Raymond Chabot Grant Thorton tombstone banner

Luxor Collection Inc. completes its sales process

“The service I received from Raymond Chabot Grant Thornton went above and beyond my expectations. Their team demonstrated a great deal of professionalism and guided us through each step of the transaction process.” says Normand Lapierre, President of Luxor Collection. “ We are extremely pleased with the outcome of the transaction and would recommend this firm to any entrepreneur seeking to sell their business.”

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal 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.

We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 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 62,000 people in nearly 140 countries.

08 Sep 2022  |  Written by :

Saki Tzanidis is a financial advisory expert at Raymond Chabot Grant Thornton. Contact him today!

See the profile

Next article

22 Aug 2022
Dominic Chouinard
Lead Senior Director | CPA | Financial advisory

Raymond Chabot Grant Thornton is proud to have guided Métal Presto inc. as exclusive financial advisor for the business sale process.

Founded in 1975, Métal Presto inc. manufactures steel and wrought metal structures. It employs over 40 employees in Québec City and was founded by the father of Métal Presto inc.’s current President, Claude Roseberry. Claude took over with his brothers and went on to become the sole owner in 1999.

Raymond Chabot Grant Thornton acted as exclusive financial advisor to the seller. The Company called on the firm’s financial advisory service to find a buyer with the same synergies as Métal Presto inc. in order to ensure a sound succession for the company’s future.

“By listening to our needs, our advisor understood that our highest priority was to find a buyer who was in line with our values and organizational culture, but especially, who would complement the team,” said Claude Roseberry.

After several meetings with potential financial and strategic purchasers, the buyer was found. The investors will leverage their experience in the field to provide complementary service offerings and significant administrative support, which will contribute to the company’s longevity and growth.

Raymond Chabot Grant Thorton tombstone banner

Métal Presto inc. Acquired by Group of Investors

About Raymond Chabot Grant Thornton

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

Our leading mid-market focused sales, acquisition and corporate advisory team provides sector-specific advice on mergers, acquisitions and divestitures, and on 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 Quebec’s leading professional services firm with more than 2,600 professionals. Raymond Chabot Grant Thornton is part of the Grant Thornton world organization where our global footprint spans across more than 140 countries with over 62,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.

08 Sep 2022  |  Written by :

Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....

See the profile

Next article

18 Jul 2022
Denis Brisebois
Vice President | Tourism-Leisure-Culture | Management consulting

Six tourism attractions receive $23 million with the support of Raymond Chabot Grant Thornton’s Tourism, Recreation and Culture team.

Our team of experts recently supported six tourism organizations during the numerous steps to plan their development projects in order to maximize the subsidies received.

Thanks to this collaboration, the client organizations were able to submit substantial, well-structured files that secured funding of $1M to $5M for each of them. The financial assistance was granted under the Programme d’aide à la relance de l’industrie touristique (PARIT) and other government programs.

As a result, the Village québécois d’antan, Exploramer museum institution, Onhwa’ Lumina immersive experience, OTIS Nature outdoor centre, Église Sainte-Marie-de-l’Isle-Maligne and Abbaye de Saint-Benoît-du-Lac will be able to enhance their respective tourism offerings while attracting more visitors and workers and contributing to the economic vitality of their region.

Raymond Chabot Grant Thornton commends the dynamic nature of these competent and passionate promoters and managers!

Our Tourism, Leisure and Culture team can provide you with expert support for the development of your business projects. Call them.

08 Sep 2022  |  Written by :

Denis Brisebois is a management consulting expert and leader in tourism, leisure and culture....

See the profile

Next article

12 Jul 2022
Simon Marcotte Légaré
Partner | MBA | Financial advisory

Raymond Chabot Grant Thornton Corporate Finance is pleased to announce its role as exclusive financial advisor to Location Sauvageau and Location Légaré in connection with the transaction.

Location Sauvageau and Location Légaré (together, “the Company”) are the leading providers of short- and medium-term vehicle rentals for commercial and institutional clients in the province of Québec. The Company operates a diverse fleet of 3,800+ utility vehicles mainly used in “for work” applications including pickups, cube and cargo trucks, SUVs, passenger vans and cars as well as trailers, ATVs, snowmobiles and other specialized vehicles.

In addition to the largest fleet of diversified, recent and well-maintained vehicles, the Company offers the largest choice of accessories and customization options and can develop customized accessories. In order to meet growing demand and offer exceptional service, the Company operates a vast network of 49 locations across the province of Québec.

Location Sauvageau and Location Légaré called on Raymond Chabot Grant Thornton’s Corporate Finance experts to advise the Company in connection with the transaction.

Raymond Chabot Grant Thorton tombstone banner

Champlain Financial Corporation, JLD-Laguë and Groupe Soucy complete the acquisition of Location Sauvageau and Location Légaré

“When I decided to sell my business, several possibilities were available to me. After careful consideration and with the support of my best friend, I met the mergers and acquisitions team at Raymond Chabot Grant Thornton. In the same day, my decision was made and I chose the best team to bring my project to a successful conclusion,” said Jacquelin Voyer, President and CEO of Location Sauvageau. “It was a very rigorous process that required a lot of effort from the entire team. I would like to extend my gratitude to the entire Raymond Chabot Grant Thornton team and it is without hesitation that I recommend them to any entrepreneur looking to sell their business.”

Luc Soucy, President of Terrebonne Ford and Founder of West Island Ford Lincoln will assume the role of Executive Chairman. The current management team will continue to serve in their existing roles, leading the Company towards its next stage of growth.

“We have been impressed with Location Sauvageau and Location Légaré’s strong track record. For over 30 years, the Group has been a pillar and an instrumental player within Québec’s developmental history, and we are proud to associate with Kevin Voyer and Nathalie Légaré in continuing this remarkable story,” said Luc Soucy, President of Groupe Soucy.

“We are very pleased to add Location Sauvageau and Location Légaré to our portfolio of group companies. Our John Deere and Peterbilt divisions are built on providing premium workplace equipment, aftermarket and customer service, which has also been the foundation of Location Sauvageau and Location Légaré’s success. With the support of Champlain and Groupe Soucy, we are excited to continue to build on this strong common foundation,” said Terry Enepekides, CEO of JLD-Laguë.

“I am very pleased to leave Location Sauvageau and Location Légaré in the hands of proven Quebec owners and operators like Champlain, JLD-Laguë and Groupe Soucy. With their support and current management, I am certain the future growth and success of these great operations will lead them to become National leaders in the commercial and short-term rental market,” said Jacquelin Voyer, President and CEO of Location Sauvageau.

“I am very excited to continue to lead Location Légaré and help capture the exciting growth opportunities before us with our new partners,” said Nathalie Légaré, President of Operations for Location Légaré.

To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal 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.

We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 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 62,000 people in nearly 140 countries.

08 Sep 2022  |  Written by :

Simon Marcotte Légaré is a financial advisor. Contact him today!

See the profile
[class^="wpforms-"]
[class^="wpforms-"]