Desjardins

Desjardins is a comprehensive financial services organization that caters to both individuals and businesses. It provides a wide array of personal services, including loans, credit cards, insurance, investment options, and wealth management. For businesses, Desjardins offers services such as financing, accounts management, trade finance, and payroll solutions. Additionally, the organization operates Desjardins Venture Capital, which manages investment funds and supports businesses through its extensive network and expertise. Desjardins also features a securities brokerage arm, offering investment advisory services and various brokerage products. With a commitment to meeting the diverse needs of its members and clients, Desjardins utilizes an extensive distribution network and online platforms to deliver its services effectively.

Boris Collignon

VP Strategy, Innovation and Strategic Partnerships

Nicolas Gravel

Vice President, Venture Capital

Luc Ménard

President and Managing Partner

Karl Théard

Investment Manager, Venture Capital

Past deals in Construction and Engineering

RenoRun

Series B in 2022
RenoRun Inc. is a construction materials delivery company that provides a wide range of products, including beams, bricks, and concrete mixes, primarily serving the construction industry. Established in 2016 and headquartered in Montreal, Canada, RenoRun operates in key markets such as Toronto, Canada, and Austin, Texas. The company offers a mobile-friendly platform that allows general contractors to efficiently order materials and receive timely deliveries directly to job sites, thereby enhancing productivity and reducing downtime. With a focus on streamlining the procurement process, RenoRun aims to be the largest single-source platform for construction materials, simplifying the supply chain for contractors and builders.
Founded in 2019, as a continuation of Plan Unique inc., Collaboration Québec, Coop de Solidarité en Ingénierie et Construction provides professional services in maintenance and engineering, plan and specification design and review, construction project supervision and management, as a general contractor. Specializing in sustainable development, the Sorel-Tracy-based business employs six full-time employees, and up to 15 part-time employees depending on project volume.

Élite Management SST

Venture Round in 2019
Élite Management SST helps customers and their subcontractors optimize their occupational health and safety due diligence while generating productivity gains. Founded in 2014, the company achieves this goal with its certification and project management solution, which has been tried and tested on construction, maintenance and repair projects, from construction sites to industry and within organizations. Elite Management and its sister company, Action SST, presently employ about ten people.

Longpré BP

Venture Round in 2017
Les Entreprises Longpré manufactures and sells precast concrete toppings on wooden structures for the housing and multi-unit condo construction industry. Longpré BP was founded in Sherbrooke in 2017.

Can-Explore

Venture Round in 2017
Can-Explore, founded in 2014 and based in Québec City, specializes in the analysis and dissemination of data related to urban, roadway, and building infrastructures. The company focuses on employing innovative technologies, including artificial intelligence, to enhance geomatics and infrastructure inspection services. With a team of nearly 70 professionals, Can-Explore aims to transform how inspection data for various infrastructures is managed and maintained. Its services encompass inspection, analysis, and the communication of data regarding the condition of fixed assets, assisting clients in improving the quality and volume of information received while also streamlining project completion times.

Reftech international

Seed Round in 2016
Founded in 2013, Reftech International provides refractory materials engineering, sales and installation services across a range of industries such as mining, smelting, petrochemical, steel, cement and aluminum in North and South America. Employing more than 45, the company is headquartered in the borough of Lachine.

Groupe Surmesure

Seed Round in 2015
Founded in 2013, Groupe Surmesure specializes in interior systems and offers a full range of services to commercial and institutional construction industries, both private and public, in Montréal and the surrounding areas. The company is based in Chambly and has between 40 and 60 employees depending on the season.

TB4 Construction

Seed Round in 2014
A general construction contractor founded in 2011, TB4 Construction specializes in project management in the residential, commercial and industrial sectors, with a particular focus on sports complexes. Based in Québec City, the company is home to some 30 employees.

Ace Services Mécaniques

Venture Round in 2013
ACE Services Mécaniques inc., founded in 2010 by experienced technicians Sébastien Bédard and Pascal Rochette, specializes in mobile mechanical services for heavy equipment. Based in Val d'Or, Canada, the company offers a range of services including mechanics in remote locations, hydraulic hose repair, and welding. With over 20 years of combined experience in various sectors such as dealerships and mining, the founders have established a strong foundation in heavy machinery maintenance and repair. ACE Services Mécaniques inc. aims to become Quebec's leading general service provider for heavy equipment, reflecting their ambition and dedication to quality service.

Telecon

Venture Round in 2011
Telecon Group, based in Trois-Rivières, Québec, offers engineering, design, construction, and implementation services for both wireless and wireline telecommunications networks. The company operates primarily in major urban centers across Québec and Ontario, catering to a diverse clientele that includes prominent players in the telephony, cable, and Internet service sectors, as well as communication network operators. With a workforce of 1,140 employees, the majority based in Québec, Telecon specializes in various aspects of telecommunications, including the installation and maintenance of networks, as well as the engineering and advisory services related to underground utilities and cable systems.

Pol R

Venture Round in 2010
Pol R Enterprises Inc. has been operating for nearly sixty years, focusing on enhancing the comfort, safety, and efficiency of various spaces. The company operates through multiple divisions across Canada, specializing in the distribution and transformation of insulating materials for specialized applications. Additionally, it designs and manufactures components for public transit equipment and creates clean rooms, patient isolation rooms, and acoustic studios for global clients. With a workforce exceeding 300 employees across its facilities in Québec, Ontario, and the Maritimes, Pol R Enterprises is committed to delivering high-quality building and construction services, including mechanical insulation, building envelope solutions, and room design for diverse environments.

Jadco

Venture Round in 2010
Founded in 1987 in Laval, Construction Jadco manages construction of high-end residential and commercial buildings mainly in the greater Montréal area, leveraging expertise built on deep knowledge of the real estate market and its commitment to high standards and environmental stewardship. The Laval-based company employs staff of about 15.

Galarneau

Venture Round in 2010
Provider of construction services specialized in civil engineering, mining and earthworks. The company offers earthmoving, crushing, drilling, blasting, municipal works and screening, helping contractors in construction with efficient equipment.

GROUPE EDS

Venture Round in 2010
Founded in 2003 and headquartered in Québec City, Groupe E.D.S. is a Canadian business with about 40 employees that specializes in three areas of excellence. Groupe E.D.S. designs custom seals and ultrasonic probes, refurbishes industrial equipment and manufactures industrial equipment from start to finish.

Meriton

Series C in 2005
Meriton is a manufacturer of mechanical engineering devices specializing in the construction of office buildings, residential properties, and other commercial structures. The company focuses on producing advanced heating, ventilation, and air conditioning (HVAC) systems that enhance operational efficiency and support growth among its portfolio companies. Founded in 2019 and headquartered in Dallas, Texas, Meriton also provides capital to facilitate ownership transitions and promote long-term growth strategies without imposing strict timelines. The company has made significant investments in customized software, information technology, finance and accounting, marketing, leadership development, and human resources, enabling it to leverage these resources across its operations.

Meriton

Series B in 2004
Meriton is a manufacturer of mechanical engineering devices specializing in the construction of office buildings, residential properties, and other commercial structures. The company focuses on producing advanced heating, ventilation, and air conditioning (HVAC) systems that enhance operational efficiency and support growth among its portfolio companies. Founded in 2019 and headquartered in Dallas, Texas, Meriton also provides capital to facilitate ownership transitions and promote long-term growth strategies without imposing strict timelines. The company has made significant investments in customized software, information technology, finance and accounting, marketing, leadership development, and human resources, enabling it to leverage these resources across its operations.
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