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.
TCED International announces a financial partnership with a consortium
Raymond Chabot Grant Thornton acted as the exclusive financial advisor to TCED International.
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.
21 Dec 2023 | Written by :
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Raymond Chabot Grant Thornton acted as exclusive financial advisor to Greenlore during the acquisition process.
For the past 70 years, Production Lareault has grown almost a billion fruit plants on its 185 hectares. As the largest producer of strawberry plants in Canada, and a supplier of top-quality berries, the company is entering a new phase and building on its momentum with the arrival of new owners.
Greenlore, represented by Antoine Casimir and Andrea Borodenko, bought the Lavaltrie business that was founded in 1953 by Luc and Lyne Lareault.
Greenlore called on Raymond Chabot Grant Thornton’s team of financial advisors to guide them during this acquisition.
“The Firm’s commitment and trust in our takeover project proved to be an undeniable asset,” said Antoine Casimir. “Andrea and I felt supported by Raymond Chabot Grant Thornton’s advisors throughout the entire process. Yasser and the team worked rigorously on a very tight schedule.”
Greenlore acquires Production Lareault
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Greenlore during the acquisition process.
In order for this flagship to remain in Québec hands, an ideal financing solution was identified thanks to our collaboration with a group of lenders: Desjardins, Farm Credit Canada (FCC) and the Fonds de solidarité FTQ.
To learn more about how Raymond Chabot Grant Thornton can help meet your business’s needs, please contact our deal team.
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 financial advisory team provides sector-specific advice on mergers, acquisitions and divestitures, and debt and equity capital markets.
Applying our in-depth knowledge of different industries, we use a targeted, tailored approach to each transaction, based on our clients’ corporate finance strategies and priorities.
By leveraging our extensive mid-market experience, understanding of shareholder objectives, transaction-structuring approach and innovative solutions, we work to create a transaction process that is successful for all stakeholders.
Raymond Chabot Grant Thornton is Québec and Canada’s leading professional services firm with more than 2,800 professionals. Raymond Chabot Grant Thornton is part of the global organization, Grant Thornton. Our global footprint spans across more than 145 countries with over 68,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.
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Raymond Chabot Grant Thornton is proud to have assisted Digicast, a leader of the webcasting and live broadcasting industry in Canada, as an exclusive financial advisor.
Digicast, a webcasting solutions provider for corporate communications and digital events, has announced the addition of Desjardins Capital to its share ownership. This strategic partnership will support the Montreal-based company’s growth in Canada and the US, while keeping its head office and jobs in Québec.
“We’re delighted to welcome Desjardins Capital on board as an investment partner. This marks the beginning of a new and exciting era for Digicast. We’re confident that our collaboration will strengthen our position as a leader in the digital events and communications industry and enable us to explore promising new markets. Together, we’ll continue to innovate, exemplify operational excellence and create exceptional value for our clients. We’re proud to seize this growth opportunity and we’re eager to follow through on our vision with Desjardins Capital,” explained Jonathan Hakim, founder and CEO of Digicast.
Desjardins Capital becomes a shareholder in Digicast
Raymond Chabot Grant Thornton acted as Digicast’s exclusive financial advisor in this transaction.
“By offering innovative solutions that exceed industry standards, Digicast has cemented its role as a webcasting leader in Québec. Desjardins Capital’s share ownership will help the company reach its growth goals in Canada and the US. With this investment, Desjardins is proud to take its longstanding business relationship with Digicast to the next level. This commitment reflects our confidence in the company’s future and demonstrates our shared commitment to supporting its long-term growth and performance,” noted Jean-Yves Bourgeois, Executive Vice-President, Business Services at Desjardins.
Raymond Chabot Grant Thornton acted as Digicast’s exclusive financial advisor in this transaction.
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 Digicast
Founded in 2006 by Jonathan Hakim, Digicast is truly one of the world pioneers in webcasting and a leader in the webcasting and live broadcasting industry in Canada. Innovation has been part of its daily operation for nearly 20 years, even before Digicast was founded. From the outset, the company has actively invested substantial efforts in research and development of their web platforms and other technological tools, and these tools now demonstrate Digicast’s reputation of excellence. A few years after the foundation of the company, Jean-Louis Langevin and Nick Di Meo, two experts in event planning, joined forces with Jonathan Hakim to complete Digicast’s service offering. Together, they secure the company’s footing on three pillars of success and continuity: the high performance of their technical tools, customer service, and event planning.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the fifth largest in the world, with assets of $414.1 billion as at September 30, 2023. It was named one of the World’s Top Female-Friendly Companies by Forbes magazine. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world’s strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry.
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About Desjardins Capital
Nearly 50 years strong, Desjardins Capital has a mission to value, support and nurture the best of Quebec entrepreneurship. With assets under management of $3 billion as at June 30, 2023, Desjardins Capital helps contribute to the longevity of some 770 companies, cooperatives and funds in various sectors from across Quebec. In addition to promoting socioeconomic growth, productivity and sustainable practices, this subsidiary of Desjardins Group offers business owners access to a large business network that supports their business growth.
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.
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.
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Raymond Chabot Grant Thornton advises Groupe Automobile Desjardins on its acquisition of Groupe Samatas.
Founded over 20 years ago by Jean-Luc Desjardins, Le Groupe Automobile Desjardins (“Groupe Desjardins” or the “Company”) operates in the Canadian automotive industry. With the acquisition of the Samatas Group, Groupe Desjardins now operates 20 automobile dealerships under 19 roofs, located in the Greater Montreal and Quebec regions.
Groupe Samatas is one of the largest Honda groups in Canada, being established in Montreal for over 45 years. Dealerships include Excel Honda, Encore Honda, Excel Moto, Vaudreuil Honda, St Constant Honda as well as a S&H Leasing.
Groupe Desjardins began by operating a single Ford dealership and over the years opened and additional three new dealerships to become a key Ford dealer in Canada. In addition, Groupe Desjardins has successfully acquired and integrated 15 dealerships.
Groupe Automobile Desjardins acquires Groupe Samatas
Raymond Chabot Grant Thornton advises Groupe Automobile Desjardins on its acquisition of Groupe Samatas.
Groupe Desjardins has a proven track record of integrating acquisitions and promoting growth over the past two decades. Over the years, the Company has built a well-diversified manufacturer portfolio by gathering over 20 brands, including 4 premium luxury brands, and gained the confidence of several of the major car & truck manufacturers including: Ford, General Motors, Subaru, Stellantis, Honda, Volkswagen, Jaguar Land Rover, Yamaha, Honda, Mv Agusta and Kawasaki.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Groupe Desjardins.
“The entire team at Raymond Chabot Grant Thornton was very supportive throughout the entire transaction,” states Jean-Luc Desjardins, Founder and President at Groupe Automobile Desjardins. “They were able to help us navigate acting as a direct and seamless extension of our team and providing critical assistance throughout the process. “With the strategic acquisition of Groupe Samatas, Groupe Automobile Desjardins becomes one of the largest family-owned dealership groups in Canada. Like our Company, the Samatas family achieved great success due to their enviable reputation for customer service and customer experience. Our goal will be to continue that legacy one satisfied client at a time.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Financial 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.