Raymond Chabot Grant Thornton is pleased to have advised Orthogone Technologies Inc. in securing Desjardins Capital as a long-term strategic equity investor.
Founded in 2007, Montreal-based Orthogone Technologies Inc. (“Orthogone”) provides specialized R&D services, focusing on embedded software, hardware, software development, System on a Chip (“SoC”) and licensable intellectual property (including Field-Programmable Gate Array (“FPGA”)), to a diversified client base across multiple industries. Known for its ability to tackle highly complex embedded systems engineering and software development applications, Orthogone’s multi-disciplinary team of over 70 engineers is a key extension of its many blue-chip clients and partners, including Analogic, Flir Systems, Xilinx, and Intel.
Desjardins Capital (“DC”) will allow the company to further accelerate its growth trajectory, with a notable focus on hiring talent and expanding Orthogone’s footprint in North America.
Orthogone Technologies secures equity capital for its growth plan.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to the company.
“We admire the fact that Orthogone’s DNA lies in its culture of innovation and we are convinced that this will be an important engine of growth for the coming years” says Jean-Philippe Bujold, Investment Director at Desjardins Capital.
Orthogone called once again on Raymond Chabot Grant Thornton’s Corporate Finance team to advise the Company on its growth financing.
“Raymond Chabot Grant Thornton’s rigorous approach and dedication to our success delivered results that were truly above our expectations” states Luc Leblanc, Co-founder and President of Orthogone. “The team worked seamlessly with us to efficiently and impactfully communicate Orthogone’s unique story and potential. They guided us through each step of the transaction, providing strategic advice and methodical process management. We highly recommend the Raymond Chabot Grant Thornton team to any company contemplating a potential transaction. We will not hesitate to work with them again.”
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.
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Raymond Chabot Grant Thornton advises K&Y Diamond Ltd. (“K&Y”) in connection with a significant investment by MACH Capital (“Mach”) in K&Y.
Founded in 1976, Montreal-based K&Y Diamond is a leading manufacturer of high-quality ultra-precision diamond tools recognized worldwide. Originally set up as a diamond tool company for the Jewelry industry, the Company evolved to become a key supplier of PCD, PCBN and single crystal diamond tools used for precision machining, form tools, and wear parts.
K&Y’s unique approach to product development makes the Company a leader in bringing to market products that meet the growing demand of clients. Today K&Y’s products are used in a variety of applications and across multiple industries and the Company enjoys longstanding relationships with clients located in over 50 countries worldwide.
The Company has unparalleled expertise within the industry and has invested in cutting edge technology, R&D, specialized equipment and a 28,000 sq ft state-of-the-art manufacturing facility to maintain its position as one of the global market leading companies in ultra-precision diamond tools.
Mach Capital makes a significant investment in K&Y Diamond Ltd.
Raymond Chabot Grant Thornton acted as the exclusive financial advisor to K&Y Diamond Ltd.
K&Y called on Raymond Chabot Grant Thornton’s Corporate Finance experts to advise the Company in connection with the transaction.
“Working with Raymond Chabot Grant Thornton’s Corporate Finance team was seamless from start to finish”, states Rene Guillaume, President of K&Y. “They guided me throughout the entire process and ensured my values as a business owner were always respected. Their support, commitment and professionalism exceeded all expectations.”
Rene Guillaume, the second-generation President of K&Y, will retain substantial ownership in the company and remain in his current role.
“This is an exciting new chapter for K&Y Diamond,” states Rene Guillaume, President. “K&Y’s partnership with MACH Capital will allow the company to further accelerate its growth trajectory and support the company in the next phase of its development.”
“We are very excited to invest alongside Rene Guillaume and to support the entire K&Y team as we all embark on this next important chapter in this Company’s illustrious story. From our initial meetings with Rene it was clear that our interests were perfectly aligned in ensuring the long-term value of K&Y and thereby further strengthening the legacy of his family. This transaction reflects why entrepreneurs such as Rene favor a partnership with Mach Capital considering our vision is not dictated by any exit strategies but instead the best long-term interests of the company and its stakeholders,” states Vincent Chiara, Founding Partner of Mach Capital.
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.
27 Apr 2022 | Written by :
Simon Marcotte Légaré is a financial advisor. Contact him today!
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Raymond Chabot Grant Thornton is pleased to have supported Concept Naval Experts Maritimes Inc. as exclusive advisor for the company’s sale process.
Founded more than 30 years ago, Concept Naval Experts Maritime Inc. is a leader in the field of marine engineering. Constantly expanding, the company is recognized as a key player in Eastern Canada’s marine industry. Its solid reputation is the result of more than 500 successful design and major work projects on all types of vessels.
The business has some 20 employees in Québec City.
Concept Naval Experts Maritimes Inc. called on the advisory services of Raymond Chabot Grant Thornton’s experts in connection with the company’s sale.
Concept Naval Experts Maritimes Inc. is acquired by Côté, Jean et associés Inc.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Concept Naval Experts Maritimes Inc.
The Company’s shareholders wanted to be fully supported and to gain a clear understanding of the process. Our firm’s advisor for this transaction, Dominic Chouinard, was able to explain the main steps involved in a transaction and the reasonable timeframes to accomplish the intended objective.
“We considered several types of strategic acquirers. In the end, a Raymond Chabot Grant Thornton client, a Sherbrooke area engineering firm, was our preferred option and the best choice to complete the transaction efficiently and also an ideal choice in terms of corporate culture,” said Stéphane Laguë, President and Partner of Concept Naval Maritimes Inc.
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. Raymond Chabot Grant Thornton is part of the global organization, Grant Thornton. Our global footprint spans across more than 140 countries with over 56,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.
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.
27 Apr 2022 | Written by :
Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....
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Raymond Chabot Grant Thornton is proud to have guided Mégatex in its corporate sale process.
Mégatex was founded in 1992. It manufactures and distributes tarps and nets for the greater Québec City region. It serves a vast commercial, industrial and institutional clientele. Its customer service and experienced employees enable the company to offer a tailored product that meets the needs of each of its clients.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to the seller. The purpose was to find a competent buyer that shared the company’s values to foster the organization’s growth with the same vision. By approaching certain potential buyers confidentially, our firm found the one that met the client’s expectations. The chemistry between them was instantaneous and a guarantee of success for this winning transaction.
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our transaction team.
Mégatex Acquired by Group of Investors
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Mégatex.
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 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 relies on a team of more than 2,700 professionals and is part of the Grant Thornton international organization. Our global footprint spans across more than 140 countries with over 58,200 people who pool multidisciplinary skills, provide a fresh perspective and possess the agility to keep clients moving ahead.
27 Apr 2022 | Written by :
Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....
See the profile