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.
18 Jul 2022 | Written by :
Denis Brisebois is a management consulting expert and leader in tourism, leisure and culture....
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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.
Champlain Financial Corporation, JLD-Laguë and Groupe Soucy complete the acquisition of Location Sauvageau and Location Légaré
Raymond Chabot Grant Thornton acted as exclusive financial advisor to 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.
18 Jul 2022 | Written by :
Simon Marcotte Légaré is a financial advisor. Contact him today!
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Raymond Chabot Grant Thornton (“RCGT”) is pleased to have co-advised WeCook Meals. (“WeCook”) in securing Claridge Food Group as a long-term strategic equity investor.
Founded in 2013, Montreal-based WeCook has established itself as the leading provider of direct-to-consumer ready-to-eat meals solutions in Canada, a highly attractive segment which has witnessed material disruption and growth. The company is singularly focused on offering consumers a wider selection of healthy, tasty, and convenient meals and snacks at affordable prices. This uncompromising product focus, coupled with its highly analytical and disciplined digital marketing strategy, has allowed WeCook to profitably grow and materially scale its operations, currently delivering more than 4 million meals a year throughout Ontario and Quebec.
The strategic partnership with Claridge Food Group (an investment vehicle created by Claridge Inc. with the participation of Investissement Québec, the Fonds de solidarité FTQ, and Desjardins Capital) will provide WeCook with the additional capital and industry expertise to strengthen its position as the leading ready-to-eat delivery company in Quebec and Ontario and accelerate its growth across Canada.
WeCook Meals secures a $40M strategic equity investment from Claridge Food Group.
Raymond Chabot Grant Thornton acted as lead financial advisor to the company alongside Desjardins Capital Markets.
“Since our first project together three years ago, the RCGT team has been providing us with timely and impactful strategic advice, as well as highly detail-oriented and disciplined execution. RCGT truly became an extension of the WeCook team, working collaboratively with us to problem-solve and achieve our objectives at several stages of the company’s evolution. We would not hesitate to recommend them to any entrepreneur contemplating key strategic decisions and challenges” states Etienne Plourde, CEO and Founder WeCook.
The deal team for this transaction was In Sunwoo, Justine Bergeron and Alice Porcher.
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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Our firm is proud to have supported Les Services R. Baron as exclusive advisor for the company’s sale process.
Founded in 1947, Services R. Baron is a company specialized in the repair, installation and sale of coffee machines, mainly in the commercial market. The company was created by René Baron father of the current president who has owned it for more than 45 years.
“This was an emotional process, considering the history of this company that has been in existence for over 70 years. My Raymond Chabot Grant Thornton advisor was able to keep the process at a human level and present a buyer who will be committed to the success of this intergenerational company.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our deal team.
Services R. Baron Sells All of Its Shares.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Services R. Baron.
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.
18 Jul 2022 | Written by :
Dominic Chouinard is an expert in business sales and acquisitions at Raymond Chabot Grant Thornton....
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