Raymond Chabot Grant Thornton acts as exclusive financial advisor to the Brunet Group in a refinancing transaction
Founded in 1922 and based in Valleyfield, Quebec, Brunet Group (“Brunet”), comprised of various businesses, has established itself as a leading manufacturer and supplier in the field of infrastructure products and services. More specifically, Brunet is a key player in waterworks, drainage, sanitation, roads, highways and bridges.
This third-generation, family-owned and managed business boasts an experienced workforce of over 400 employees, including specialized engineers, in ten locations in Canada serving the eastern part of the country and Northeastern United States.
Brunet has significant operations in five primary sectors: precast concrete manufacturing, traffic management, PVC pipe manufacturing, ready-mix concrete, and distribution. It is an innovative leader in its field and has built a solid reputation for its expertise in the infrastructure construction market by offering a wide range of turnkey solutions and integrating its business units to provide customers with a vast spectrum of products and services to ensure successful project execution.
As part of a strategic realignment of its operations, Brunet called on Raymond Chabot Grant Thornton to review and optimize its financial structure. Raymond Chabot Grant Thornton acted as exclusive financial advisor to Brunet Group, who now has a streamlined, adaptable and flexible structure that will make it possible to seize new business opportunities in a very active industry.
“The Raymond Chabot Grant Thornton professionals played a key role in our refinancing initiative. They supported us every step along the way, from the preparation of our corporate profile to the final negotiations with potential financial partners. Their credibility and expertise were considerable assets in concluding our new credit facility”, says Bernard Brunet, President of Brunet Group.
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 is Quebec’s leading professional services firm with more than 2,500 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 50,000 people in over 135 countries.