Fondaction

Founded in 1996, Fondaction is a Montreal-based investment firm specializing in direct investments and fund of funds. It focuses on small to medium-sized enterprises across various sectors, with a particular emphasis on clean energy and agri-food industries related to sustainable development. The firm invests CAD 0.5 million to CAD 75 million per transaction, typically taking minority stakes and exiting after five to eight years.

Daniel Charron Ph.D

Vice President, Community Engagement and Public Affairs and Executive Committee Member

Dominique Chaussé

Deputy Chief Investment Officer, Direct Investments, Major Accounts

Isabelle Lechasseur

Portfolio Director, CoInvestments

Stéphan Morency

Deputy Chief Investment Officer

Geneviève Morin

President, Administrator, CEO, Board Member and Member of the Steering Committee

Caroline Senneville

Board Member, President of the Council and President of the Coordination Committee

Past deals in Canada

VoIP.ms

Private Equity Round in 2025
Founded in 2007, VoIP.ms is a global provider of Bring-Your-Own-Device (BYOD) VoIP services. With offices in Canada and Mexico, they offer unlimited focus on maintaining widely-accessible and feature-rich communication solutions for over 80,000 clients worldwide.

Entosystem

Venture Round in 2024
Entosystem is a Canadian company based in Sherbrooke, founded in 2016, that specializes in the production of entomological proteins and flour derived from insects. The company employs innovative insect farming technologies to convert food waste from grocery stores into high-value insect protein products aimed at the animal nutrition market. Entosystem's offerings include dried larvae and live larvae, which are designed to provide nutritional benefits for livestock, such as fish and poultry. By focusing on sustainable practices, Entosystem positions itself as a key player in the circular agriculture economy, contributing to the reduction of food waste while supporting a more sustainable agri-food sector. The company currently employs a small team to support its operations.

SOFIAC

Venture Round in 2024
SOFIAC is a company focused on enhancing the profitability and competitiveness of commercial and industrial sector businesses through energy efficiency initiatives. It specializes in the development, financing, and implementation of projects aimed at decarbonization and energy retrofitting. By employing an innovative investment model, SOFIAC enables clients to benefit from immediate savings generated by reduced energy consumption, allowing them to achieve their emission reduction goals without upfront costs. This approach supports Canadian businesses in lowering energy expenses while contributing to a sustainable energy transition.

Cultures Gen V

Venture Round in 2024
Cultures Gen V is a producer of diversified greenhouse vegetables, operating primarily in Quebec, Ontario, and the United States. The company focuses on cultivating a variety of conventional and organic produce, including lettuce, tomatoes, cucumbers, peppers, and mini cucumbers. Committed to sustainable practices, Cultures Gen V emphasizes respect for both people and the environment in its operations.

Aquatech BM

Venture Round in 2024
Aquatech BM is a Quebec-based manufacturer specializing in multifunctional industrial bottle washers. The company designs and produces cutting-edge sterilization equipment tailored to meet the specific cleaning needs of bottles and containers, ensuring optimal performance and reliability.

Les Industries Amisco ltée

Private Equity Round in 2024
Les Industries Amisco ltée is a family-owned business established in 1954, specializing in the design, manufacture, and marketing of modern home furniture. Operating from two plants in Québec, the company produces a variety of residential furniture, including beds, chairs, stools, tables, benches, and desks, all crafted from steel, wood, and upholstery. Amisco distinguishes itself in the market with its stylish designs that cater to consumer preferences, emphasizing durability and an extensive customization program for finishes and coatings. The company's products are available at over a thousand retail locations across Canada and the United States, ensuring a broad reach within the furniture market.

Trans-Canada Energies Distribution

Venture Round in 2023
Established in 1964, Trans-Canada Energies Distribution is a well-known distributor in Eastern Canada eager to expand internationally. With a strong business focus and superior customer service, TCED has built a reputation for delivering quality products at competitive prices. Best known for its range of batteries, TCED has expanded its product line to include solar panels and LMR radio batteries. We are always looking for new products to better serve our customers.

Innergex

Post in 2023
Innergex énergie renouvelable inc. est un chef de file canadien de l’industrie de l’énergie renouvelable. En activité depuis 1990, la Société développe, détient et gère des centrales hydroélectriques au fil de l’eau, des parcs éoliens et des parcs solaires photovoltaïques et elle exerce ses activités au Québec, en Ontario, en Colombie-Britannique, dans l'Idaho aux États-Unis et en France. Innergex Renewable Energy Inc. is a leading Canadian independent renewable power producer. Active since 1990, the Company develops, owns and operates run-of-river hydroelectric facilities, wind farms and solar photovoltaic farms and carries out its operations in Quebec, Ontario and British Columbia, Idaho, USA, and France.

Lion Electric

Post in 2023
Lion Electric is a leading manufacturer of zero-emission vehicles, specializing in all-electric commercial urban trucks and buses, including models designed for school, paratransit, and mass transit applications. The company is recognized for its focus on electric transportation in North America, where it designs, develops, and assembles all components of its vehicles, including chassis, battery packs, truck cabins, and bus bodies. Lion Electric operates primarily in Canada and the United States, with a significant portion of its revenue coming from Canadian markets. In addition to manufacturing vehicles, the company also distributes truck and bus parts and accessories, positioning itself as a comprehensive provider in the electric vehicle sector.

Talsom

Venture Round in 2023
Talsom, established in 2010 and based in Montreal, Canada, is a professional services firm specializing in management consulting. It offers expertise in digital transformation, aligning processes, resources, and technologies to drive organizational change. The company assists clients in understanding, defining, planning, and executing strategic projects aimed at innovation, execution, and overall business strategy.

MY01

Series A in 2023
Founded in 2015, MY01 specializes in developing digital medical devices for accurate real-time muscle pressure measurement. Its flagship product is designed to enhance the diagnosis of Acute Compartment Syndrome (ACS) by providing timely and precise measurements.

Equisoft

Private Equity Round in 2023
Equisoft Inc. is a global provider of innovative digital solutions tailored for the life insurance and wealth management industries. Founded in 1994 and headquartered in Montreal, Canada, with an additional office in Sydney, Australia, the company specializes in delivering a comprehensive ecosystem of services. Its offerings include SaaS policy administration, customer relationship management, financial planning tools, and solutions for asset allocation and portfolio analysis. Equisoft also provides financial advisors with tools for wealth management proposals, as well as software for quotes, illustrations, and agency management systems. The company is recognized as a leading partner for Oracle's insurance policy administration platform, leveraging extensive expertise in data migration and integration. Through its diverse range of services, Equisoft aims to empower clients to navigate the complexities of digital transformation in the financial sector.

Sollum

Grant in 2023
Sollum Technologies Inc., established in 2015 and headquartered in Montreal, Canada, specializes in designing and manufacturing innovative lighting systems. The company's core product is a smart LED lighting solution that dynamically replicates the full spectrum of natural sunlight, optimizing growth conditions for crops and animals. Sollum works closely with greenhouse producers, tailoring light recipes to match the growth cycles of various plants, regardless of their native climate or greenhouse location. This adaptive technology not only enhances energy efficiency and productivity but also improves produce quality, all while minimizing environmental impact.

AEquo Shareholder Engagement Services

Venture Round in 2022
AEquo Shareholder Engagement Services is a financial services company located in Montreal.

Carbicrete

Series A in 2022
Carbicrete offers innovative technology for producing cement-free, carbon-negative concrete. It licenses this technology to precast concrete manufacturers, enabling them to create sustainable building solutions that reduce greenhouse gas emissions.

Talent.com

Series B in 2022
Talent.com is a platform that centralizes jobs available on companies'​ career websites, staffing agencies, or job boards. The company was founded in 2020 and is headquartered in Montreal, Quebec, Canada.

HOLOS

Seed Round in 2022
HOLOS produces organic oats and nutrition bars, offering convenient and wholesome snack options for health-conscious individuals with busy lifestyles.

BKR Capital

Venture Round in 2022
BKR Capital, established in 2021 and located in Toronto, Canada, is a venture capital firm dedicated to supporting early-stage black-led companies within the technology sector. Originally known as Black Innovation Capital, the firm focuses on investing in promising black founders, aiming to foster innovation and diversity in the tech industry. Through its investments, BKR Capital seeks to empower entrepreneurs and contribute to the growth of underrepresented communities in the business landscape.

SOFIAC

Debt Financing in 2021
SOFIAC is a company focused on enhancing the profitability and competitiveness of commercial and industrial sector businesses through energy efficiency initiatives. It specializes in the development, financing, and implementation of projects aimed at decarbonization and energy retrofitting. By employing an innovative investment model, SOFIAC enables clients to benefit from immediate savings generated by reduced energy consumption, allowing them to achieve their emission reduction goals without upfront costs. This approach supports Canadian businesses in lowering energy expenses while contributing to a sustainable energy transition.

Dion Herbs & Spices

Private Equity Round in 2021
Dion Herbs & Spices is a prominent seller of herbs and spices based in Quebec, recognized for offering a comprehensive range of products. According to AC Nielsen studies, it holds a leading position in the market, with its products available in over 1,000 retail locations across Canada and the United States. The company specializes in producing a variety of herbs, spices, and related food items, including organic products, house mixes, mushrooms, seafood seasonings, and various types of salts. This diverse product line enables consumers to access healthier food choices at affordable prices.

Gusta Foods

Venture Round in 2021
Gusta Foods is a manufacturer based in Montreal, Canada, specializing in vegan and artisanal plant-based products. The company offers a diverse range of items, including vegan sausages, seitan roasts, cheeses, and pâtés, aimed at making plant-based cuisine accessible and enjoyable. By focusing on the development of flavorful and innovative products, Gusta Foods seeks to inspire a shift towards a more sustainable and healthier lifestyle.

Bakery Humanity

Seed Round in 2021
Bakery Humanity is a Quebec-based and controlled investment platform specialized in the bakery and pastry industry.

mdf commerce

Post in 2020
Founded in 1996, mdf commerce provides SaaS solutions that optimize commercial interactions between buyers and sellers globally. Its platforms offer strategic sourcing, e-commerce, supply chain collaboration, and e-marketplace functionalities, empowering businesses to generate billions of dollars in transactions annually.

TOP Glaciers

Venture Round in 2020
Founded in Montreal, Canada in 2016, TOP Glaciers is a specialty food manufacturer focused on producing premium frozen desserts. The company offers a range of natural ice creams and sorbets, along with various specialty products such as bars and cakes.

Sollio Cooperative Group

Venture Round in 2020
Sollio Cooperative Group, headquartered in Montreal, Quebec, is a prominent agri-food federation that serves agricultural producers and consumers across Canada. With over 60,000 members organized into nearly 70 cooperatives, Sollio Cooperative Group employs more than 13,000 individuals and generates an annual revenue of $6.3 billion. The organization operates through three main divisions: Olymel S.E.C, which encompasses meat processing brands like Olymel, Flamingo, and Lafleur; the Agri-business division, which includes brands such as La Coop, Élite, Agrocentre, Agrico, and Agromart; and the BMR Group, featuring BMR, Unimat, and Potvin & Bouchard. Established in 1922, Sollio Cooperative Group plays a crucial role in providing agricultural services and support, enabling farmers to enhance their crop production and overall operational efficiency.

Mabarex

Venture Round in 2020
Mabarex Inc. is a Montreal-based company that specializes in providing wastewater treatment solutions for municipal and private clients. Established in 1983, Mabarex designs, builds, maintains, and manages water treatment systems for a variety of sectors, including mining, landfill sites, agri-food, and municipal services. The company offers a comprehensive range of services, including testing and support, upgrades, turnkey projects, operational monitoring, automation, equipment rental, and parts service. Mabarex focuses on delivering innovative environmental services tailored to the specific needs of its clients, ensuring effective treatment of water, wastewater, and organic waste, particularly for sites not connected to a sewer network.

Entosystem

Venture Round in 2020
Entosystem is a Canadian company based in Sherbrooke, founded in 2016, that specializes in the production of entomological proteins and flour derived from insects. The company employs innovative insect farming technologies to convert food waste from grocery stores into high-value insect protein products aimed at the animal nutrition market. Entosystem's offerings include dried larvae and live larvae, which are designed to provide nutritional benefits for livestock, such as fish and poultry. By focusing on sustainable practices, Entosystem positions itself as a key player in the circular agriculture economy, contributing to the reduction of food waste while supporting a more sustainable agri-food sector. The company currently employs a small team to support its operations.

Hardware Agencies

Acquisition in 2020
Hardware Agencies Ltd. is a wholesale distributor of security hardware based in Mississauga, Canada, with a history dating back to 1951. The company specializes in a wide range of products, including locks, padlocks, safes, exit devices, electronic hardware, keys, and related accessories. Committed to quality and customer service, Hardware Agencies continuously expands its offerings by incorporating innovative technologies and solutions within the security and door hardware industry. As a division of the SECCAN group, it collaborates with other entities like Serrubec in Quebec and McGregor Hardware Distribution in British Columbia, enhancing its distribution capabilities across Canada.

Serrubec

Acquisition in 2020
Serrubec Inc. is a wholesale distributor specializing in security hardware, offering a range of products that include locks, padlocks, safes, exit devices, electronic hardware, keys, and accessories, as well as related tools. Established in 1970 and headquartered in Dorval, Canada, the company focuses on providing comprehensive door security and hardware solutions. As of December 2012, Serrubec operates as a subsidiary of Shanahan's Limited Partnership.

McGregor Hardware

Acquisition in 2020
McGregor Hardware Distribution is a locksmith wholesaler in Canada, and in the United States. Over the years the name has been shortened to be affectionately known as MHD. McGregor Hardware is a division of distribution of the SECCAN group, with Hardware Agencies in Ontario, and Serrubec in Quebec.

Sollio Cooperative Group

Venture Round in 2019
Sollio Cooperative Group, headquartered in Montreal, Quebec, is a prominent agri-food federation that serves agricultural producers and consumers across Canada. With over 60,000 members organized into nearly 70 cooperatives, Sollio Cooperative Group employs more than 13,000 individuals and generates an annual revenue of $6.3 billion. The organization operates through three main divisions: Olymel S.E.C, which encompasses meat processing brands like Olymel, Flamingo, and Lafleur; the Agri-business division, which includes brands such as La Coop, Élite, Agrocentre, Agrico, and Agromart; and the BMR Group, featuring BMR, Unimat, and Potvin & Bouchard. Established in 1922, Sollio Cooperative Group plays a crucial role in providing agricultural services and support, enabling farmers to enhance their crop production and overall operational efficiency.

Munvo

Private Equity Round in 2019
Munvo Solutions Inc. is a marketing technology consultancy based in Montreal, Canada, founded in 2005. The company specializes in providing technology marketing consulting services, including marketing data management, operations, and the implementation of marketing solutions. Munvo assists clients across various industries, such as banking, insurance, telecommunications, healthcare, manufacturing, retail, and entertainment, in enhancing their marketing performance through expert consulting and software solutions. Their offerings encompass cloud migration, data analysis, data activation, and campaign management, all aimed at helping clients maximize the value of their investments and drive digital transformation.

Art Massif

Debt Financing in 2019
Art Massif is a Canadian company based in Saint-Jean-Port-Joli, established in 2010, that specializes in the design and manufacture of glued-laminated timber structures. The company produces a variety of products, including glulam decking, frames for public and commercial buildings, and structural elements such as beams and columns. Art Massif serves a diverse range of sectors, creating custom wood structures for restaurants, offices, schools, luxury homes, and recreational facilities. Their services encompass the entire process from design to manufacturing and installation, ensuring high-quality timber solutions tailored to the needs of their clients.

Cognibox

Private Equity Round in 2019
Cognibox is a leading company in risk management and contractor compliance, specializing in software solutions for supplier qualification and contractor management. Founded in 1972 and headquartered in Shawinigan, Canada, Cognibox offers a comprehensive online system that facilitates the entire qualification process, including the search and selection of potential suppliers and subcontractors, as well as pre-qualification, evaluation, verification, monitoring, and ongoing follow-up. The company also provides consulting services, e-learning training, file management, and contractor support. Its solutions cater to various industries, including aerospace, mining, metallurgy, agriculture and food, and forest and paper, ensuring that organizations can maintain a high standard of compliance and risk management.

Morille Québec

Debt Financing in 2019
Morille Québec specializes in the production and distribution of non-timber forest food products, focusing on wild cuisine ingredients. The company sources mushrooms, boreal spices, and small northern fruits while also offering sauces and ready-to-cook meals that highlight these natural ingredients. Catering to both individual consumers and businesses such as restaurants and food distributors, Morille Québec aims to bring the essence of the wild kitchen into homes and dining establishments. By managing the entire value chain from foraging to processing and distribution, Morille Québec provides a unique culinary experience centered around the rich flavors of the forest.

Enerkem

Corporate Round in 2019
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

Pierre Du Moulin

Venture Round in 2019
Pierre Du Moulin is a company dedicated to enhancing agricultural practices in the Charlevoix region by connecting entrepreneurs in the agricultural and agri-food sectors. The company focuses on the sustainable revaluation of agricultural land through the establishment of organic farming projects. Its services encompass a range of agricultural-based support, including consulting, management, procurement, production, and logistics. By offering these comprehensive services, Pierre Du Moulin enables farming enterprises to develop their initiatives from inception through to supply and sales, fostering growth and sustainability within the local agricultural landscape.

GRYB

Debt Financing in 2019
GRYB is a Canadian manufacturer specializing in attachments for heavy machinery, established in 2007 and headquartered in Victoriaville. The company produces a diverse range of products, including buckets, concrete pulverizers, grapples, hydraulic thumbs, electromagnet attachments, and snow scrapers, tailored to the specific needs of contractors across various sectors, such as construction, excavation, demolition, recycling, and snow removal. In addition to manufacturing, GRYB provides on-site turn-key installation services, refurbishment, and repair services for heavy equipment. This comprehensive approach allows GRYB to offer customized solutions that enhance the efficiency and effectiveness of heavy machinery used in various industrial applications. The company, previously known as Groupe R.Y. Beaudoin Inc., rebranded to GRYB in 2016.

Hortau

Venture Round in 2019
Founded in 2002, Hortau designs and manufactures wireless, web-based irrigation management systems. It offers field monitoring stations, sensors for soil tension, temperature, humidity, and weather parameters, along with cloud-based software Irrolis for real-time data capture and remote control of irrigation systems.

Edilex

Private Equity Round in 2019
Edilex is a technology company based in Laval, Quebec, Canada, founded in 1992. It specializes in developing cloud-based legal software aimed at simplifying tasks for legal professionals. The company collaborates with developers and lawyers to create automated contracts tailored for various sectors. Its platform provides features such as editorial automation, contract templates, and downloadable legal documents, enabling legal professionals, businesses, and public entities to enhance their control over legal processes while reducing risks in a cost-effective manner.

Groupe JLD Laguë

Private Equity Round in 2019
Groupe JLD Laguë is a distributor of farm machinery and heavy equipment based in Quebec and Ontario. The company specializes in providing a wide range of equipment for agricultural, landscaping, snow removal, and commercial maintenance activities. Its product offerings include tractors, mowers, forage harvesters, combine harvesters, balers, snowblowers, mini-excavators, skid steer loaders, and utility vehicles. In addition to equipment distribution, Groupe JLD Laguë also offers financing services, assisting clients in meeting their heavy truck and related equipment needs. The company distinguishes itself from competitors by focusing on innovative technological advancements to enhance its product lineup and services.

Les Viandes Biologiques de Charlevoix

Private Equity Round in 2018
Les Viandes Biologiques de Charlevoix Inc. is a Canadian company based in St-Urbain, established in 2001. The firm specializes in the production, processing, and distribution of organic meat products, focusing on organic chicken, pork, and turkey. It offers a diverse range of products, including cold cuts, sausages, cooked and dried charcuterie, catering to the food industry. By prioritizing organic breeding practices, the company ensures high-quality meat products for its clients, facilitating effective distribution to meet customer demands.

Kanuk

Private Equity Round in 2018
Kanuk Inc. is a Montreal-based company that specializes in the design, manufacture, and sale of winter clothing for both men and women. Established in 1974, Kanuk emerged from the ambition of a family with a background in textiles, aiming to create high-quality outerwear capable of withstanding the harsh Canadian winters. The company offers a range of products, including winter coats, lightweight coats, and accessories, which have become essential for protection against extreme cold. With a commitment to craftsmanship and an understanding of local weather conditions, Kanuk continues to evolve its style while maintaining its focus on delivering reliable and comfortable winter apparel.

ITI

Debt Financing in 2018
ITI is a Canadian IT solutions provider that specializes in cloud infrastructure, IT infrastructure, data management, and IT asset management services. With a workforce of over 450 employees, the company serves approximately 2,000 clients across various sectors, including government, healthcare, education, and businesses of all sizes. ITI offers a range of services, including strategic IT consulting, analysis, network design, deployment, and ongoing support. By providing tailored solutions, ITI helps its clients effectively navigate technological transformations, enhancing their competitiveness in the marketplace. The company's focus on delivering cost-effective business solutions positions it as a valuable partner for both public and private sector organizations.

Electrobac

Seed Round in 2018
Electrobac Inc. is a Montreal-based company founded in 2016 that specializes in the disposal and recycling of electronic waste. It has developed a network of smart bins designed for the convenient collection of unwanted electronic equipment, facilitating the recovery and repackaging of small electronics. Electrobac aims to extend the lifecycle of electronic devices and promote sustainable practices by prioritizing reuse, repair, and refurbishment. The company serves both individual consumers and large businesses, assisting them in integrating circular economy principles into the management of their mobile devices.

Big Bang

Private Equity Round in 2018
Big Bang is a global consulting firm specializing in digital transformation. Headquartered in Montreal, Canada, with offices in France, Mauritius, and the US, it helps organizations optimize processes by aligning strategy with technology, deploying cloud-based business solutions, and fostering organizational expertise.

ESI Technologies

Private Equity Round in 2018
ESI Technologies has been supporting Quebec businesses since 1994 by bridging the critical gap between data transformation and actionable information. The company provides a range of data management services tailored for both small and large enterprises, focusing on digital transformation, data strategy, cybersecurity, and cloud management. ESI Technologies leverages its advanced technological expertise and deep understanding of business challenges to help organizations manage, protect, and transform their data effectively. By modernizing IT systems, ESI enables companies to extract meaningful insights from their data, thereby enhancing operational efficiency and driving value.

BCI Foods

Private Equity Round in 2018
BCI Foods is a producer of canned soups and sauces located in Saint-Hyacinthe, Québec. The company specializes in a diverse range of products, including savory soups, ready-to-serve soups, broths, sauces, and ready-to-eat pasta and meals in packets. BCI Foods emphasizes innovation in the food industry, aiming to enhance store brand growth while ensuring that their offerings provide a wonderful dining experience that reflects the company’s core principles. Additionally, they focus on luxury recipes and health-oriented options, enabling customers to enjoy exquisitely flavored soup and meal solutions.

Incursion Voyages

Debt Financing in 2018
Incursion Voyages is a travel and tourism company based in Québec, Canada, specializing in a wide range of travel services. The company provides guided group travel, accompanied travel, individual travel, corporate travel, tours, and cruises, including river cruises and long stays. Incursion Voyages focuses on catering to the diverse needs and preferences of its customers, ensuring memorable experiences through well-organized trips and travel arrangements.

Arsenal Media

Private Equity Round in 2018
Arsenal Media operates 15 regional radio stations and four retransmitters across Quebec, an online store, production studios for visual and audio content, and a network of information and entertainment platforms. The company runs radio broadcasts featuring music shows, news and cultural events and maintains web platforms that offer various services and shopping experiences.

Derco Horticulture

Seed Round in 2018
Derco Horticulture Inc. is a manufacturer and distributor of horticulture and gardening products, established in 2017 and located in Saint-Germain-de-Grantham, Canada. The company offers a wide range of products designed for both landscaping professionals and gardening enthusiasts, including gardening tools, outdoor lighting, irrigation equipment, and drainage solutions. Additionally, Derco provides various horticultural accessories such as geotextiles, ground covers, and water garden products. Their offerings support effective gardening and landscaping, catering to the diverse needs of their customers.

Taxelco

Venture Round in 2018
Taxelco is focused on providing ecological taxi transport solutions in Montreal. The company aims to consolidate the interests of the taxi industry to benefit both stakeholders and the local community. By promoting the use of fully electric vehicles, Taxelco seeks to create operational synergies and leverage information technologies to enhance efficiency. A collaborative pilot project initiated in November 2015 involved 50 electric vehicles operating under rigorous weather conditions in Montreal. This initiative is designed to optimize the performance of electric taxis, contributing to the city's reputation as a green and innovative urban center. Through these efforts, Taxelco emphasizes responsible economic and social development while reflecting the unique cultural identity of Montreal's citizens.

Enerkem

Private Equity Round in 2018
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

Enerkem

Corporate Round in 2018
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

LB Laser

Seed Round in 2018
LB Laser Inc. is a Canadian company based in Saint-Romuald, specializing in laser cutting and sheet metal folding services for commercial clients. Founded in 2015, the company also offers a range of related services including welding, hardware programming, and optimization, as well as assembly, delivery, and powder coating. By providing these services, LB Laser enables clients in the production sector to efficiently mold and customize metal sheets according to their specific needs.

Solar Uniquartier

Venture Round in 2017
Solar Uniquartier is a Canadian real estate development and services company based in Brossard that integrates renewable energy into property projects. It provides solar panel installation for residential and commercial properties, energy storage solutions with batteries, electric vehicle charging infrastructure, and smart energy management systems. These offerings help property owners reduce carbon footprints and pursue long-term energy independence through reliable, renewable power.

CoPower

Venture Round in 2017
CoPower is a Canadian company that operates an online platform for clean energy investing. It enables investors to fund energy efficiency and renewable energy projects, aiming to deliver solid returns while reducing environmental impact. Founded in 2013, CoPower has facilitated clean energy loans and pursued sustainability credentials as a certified B Corporation. The business forms part of the shift toward platform-based financing for clean energy, and its history includes an acquisition by The Vancity Community Investment Bank.

Brandon Manufacturing

Private Equity Round in 2017
Brandon Manufacturing Inc. is a Canadian company based in Saint-Gabriel-de-Brandon, located approximately an hour north of Montreal. Founded in 1985, it began as a small family-owned general welding facility and has since evolved into a manufacturer of dump trucks and replacement trailers. The company produces a diverse range of products, including hook lift bodies, trailer tubs, custom-made bodies, and various truck parts such as mounting kits, hydraulic tanks, hoists, cab shields, tarp kits, and tailgates. Brandon Manufacturing serves both the municipal and disaster relief sectors, employing close to 100 people and addressing a wide array of market needs with its specialized equipment.

Colonial Elegance

Private Equity Round in 2017
Colonial Elegance is a designer and manufacturer of home décor products based in Montreal, Canada. The company specializes in a diverse range of offerings, which includes sliding, folding, closet, barn, and pocket doors, as well as stair parts, mirrors, and screen doors. Their product line extends to various complete categories, such as stairparts, mirrors, closet doors, accordion doors, columns, and porch posts. In addition to manufacturing, Colonial Elegance provides marketing support and merchandising tools tailored for home centers, serving both retail and commercial clients.

Meglab

Private Equity Round in 2017
Meglab is a mining operations management company based in Val-d'Or, Canada, specializing in the design and manufacture of electrical equipment and telecommunications infrastructure. The company offers a range of products and solutions, including system design, substations, switchgear, and automation systems, aimed at supporting mine electrification and equipment charging. Meglab focuses on providing practical and economical solutions to the challenges faced by the mining industry, establishing itself as a trusted leader in integrated solutions. Through its commitment to building strong business relationships, Meglab has positioned itself as a reference point in the sector for digitalization and automation of mining operations.

Velan

Post in 2016
Velan is an international manufacturer of industrial valves headquartered in Montreal, Canada. The company designs, manufactures, and markets a broad range of valves, including gate, globe, check, ball, butterfly, cryogenic and high-pressure valves, as well as steam traps and maintenance valves for nuclear service. Its products cover cryogenic and high-temperature service, and include specialty valves for chemical, petrochemical, LNG and related industries. Velan serves power generation, oil and gas, refining, chemical, mining, pulp and paper, marine, water and wastewater sectors, and sells mainly through independent distributors and agents. The company has a lengthy history dating to 1950 and maintains a global installation base, with strong involvement in the nuclear sector, supplying valves to many nuclear power stations worldwide. Velan prioritizes quality, reliability, and environmentally conscious design, offering a wide range of materials, pressure ratings, and sizes.

Fresche Solutions

Venture Round in 2016
Fresche Solutions Inc. is a legacy management company specializing in the modernization and management of business-critical applications. Founded in 1976 and headquartered in Montreal, Canada, with additional offices worldwide, the company provides a comprehensive suite of services that includes application re-hosting, rewriting, and re-architecting. Its offerings include the X-Analysis software suite for managing the IBM i lifecycle, iModernize for transforming AS/400 RPG and COBOL applications to modern architectures, and tools for business intelligence and development. Additionally, Fresche Solutions provides management and modernization solutions encompassing planning, analysis, onsite development, project management, and ongoing application support. The company serves a diverse clientele both in Canada and internationally, helping organizations enhance the longevity and functionality of their applications and databases.

Le Devoir

Private Equity Round in 2016
Le Devoir is a newspaper publishing company that specializes in providing comprehensive journalism and content production services. It offers a wide range of news coverage, including national and international updates across various sectors such as education, justice, health, philosophy, science, media, history, transport, and consumption. With a commitment to advancing Quebec society, Le Devoir focuses on defending ideas and causes that contribute to the political, economic, cultural, and social development of the region. The company publishes daily newspapers and digital articles accessible through mobile applications and tablets, ensuring that users remain informed about current events and developments on a global scale.

Alasko Foods

Private Equity Round in 2016
Alasko Foods is a frozen foods supplier with a global network that sources from over 60 agri-food producers in 20 countries. All facilities are federally inspected and meet HACCP standards. The company imports, prepares and distributes more than 80 million pounds of frozen fruits and vegetables to hotels, industrial clients, retail brands, and other institutional and consumer markets across North America. It operates seven warehouses to maintain strict cold-chain control and quality. The Montreal facility is certified by the Canadian Food Inspection Agency and has earned a GFTC gold rating, and the company holds organic certification from Ecocert Canada.

Chlorophylle

Debt Financing in 2016
Chlorophylle is a Canadian manufacturer and retailer specializing in high-end products for outdoor sports. The company focuses on creating clothing and accessories that meet rigorous standards of durability, performance, and aesthetics. Operating an online store, Chlorophylle offers a diverse range of outdoor apparel designed to cater to the needs of enthusiasts seeking quality and style in their sports gear.

Agropur

Venture Round in 2015
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.

Les Dépendances

Venture Round in 2015
Les Dépendances Inc. is a Canadian company based in Saint-Hubert that specializes in the import and distribution of a diverse range of fine cheeses. Established in 2001, the company offers a variety of cheese types, including hard uncooked curds, semi-hard uncooked curds, soft bloomy rinds, soft washed rinds, hard cooked curds, fresh and blue cheeses, as well as lactic goat and sheep cheeses. Les Dépendances serves a wide customer base across multiple countries, including England, Australia, Belgium, Canada, Spain, France, Ireland, Italy, the Netherlands, Portugal, Switzerland, and the United States. The company supplies its products to independents, chain stores, and distributors, effectively facilitating cheese product distribution within the food industry.

Nubik

Debt Financing in 2015
Nubik is a consulting firm based in Montreal that specializes in multi-cloud services, focusing on various industries including manufacturing, professional services, high-tech, finance, healthcare, and life sciences. The company leverages technology from Salesforce and Rootstock to assist clients in implementing software systems and developing customized tools. By offering expertise in customer relationship management, marketing automation, and enterprise resource planning software, Nubik helps organizations achieve their objectives and improve operational efficiency.

Telecon

Private Equity Round in 2015
TELECON Group is a Québec-based company headquartered in Trois-Rivières, specializing in technical engineering, design, construction, and implementation services for both wireless and wireline telecommunications networks. The company operates mainly in major urban centers across Québec and Ontario, catering to a diverse clientele that includes significant players in the telephony, cable, and Internet service sectors, as well as communication network operators. With a workforce of 1,140 employees, over 900 of whom are based in Québec, TELECON offers a comprehensive range of services, including the installation, maintenance, and engineering of telecommunications networks, as well as the location and maintenance of underground utility cables, both copper and fiber optic.

Quartz

Private Equity Round in 2015
Quartz Co. is a Canadian company based in Montreal that specializes in designing and manufacturing insulated winter coats. Founded in 1997 and formerly known as Quartz Nature Inc., the company rebranded in 2015 to reflect its commitment to creating modern outerwear that combines timeless design with high performance. Quartz Co. offers a range of products, including winter coats for both men and women, as well as accessories such as scarves, woolen hats, and bags. The company caters to a diverse customer base across several countries, including France, Germany, Japan, Russia, Hong Kong, Korea, Norway, the United States, Canada, and Switzerland. Quartz Co. is dedicated to environmentally friendly practices and aims to provide durable and stylish outerwear suitable for various weather conditions.

Congebec

Private Equity Round in 2015
Congebec Inc., established in 1974, is a Canadian-based provider of refrigerated storage services, operating across Canada and the United States. It offers a range of temperature-controlled public storage solutions, including freezing and blast freezing, cross-docking, import/export services, bonded storage, trichinella treatments, order preparation, and distribution. Additionally, Congebec provides warehouse management systems and temperature control technologies. Its diverse client base comprises food chain operations such as producers, processors, wholesalers, retailers, brokers, carriers, restaurant chains, and government organizations. With locations in major cities across Canada, including Québec, Montréal, Winnipeg, Calgary, Saskatoon, and Toronto, Congebec ensures efficient and reliable storage solutions tailored to the unique needs of its clients within the food industry.

Embrionix Design

Private Equity Round in 2015
Embrionix Design Inc. is a Canadian company specializing in the design, development, manufacturing, and sale of innovative solutions for broadcast video applications, particularly in the realm of IP technology. Founded in 2008 and headquartered in Laval, Canada, Embrionix offers a range of products including IP gateways, signal processors, converters, and multi-viewers, aimed at enhancing IP infrastructure and supporting 4K UHD production. The company’s solutions facilitate a smooth transition to IP systems, allowing broadcasters to connect traditional SDI equipment to modern IP networks efficiently while reducing power consumption and cabling requirements. Embrionix markets its products globally through a network of distributors, resellers, and system integrators, with additional design and development offices located in several countries, including the United States, France, Germany, Israel, the United Kingdom, and Japan. As of January 2020, Embrionix operates as a subsidiary of RIEDEL Communications GmbH & Co. KG.

Agropur

Venture Round in 2014
Agropur is a dairy cooperative founded in 1938 in Québec, recognized as one of the top 20 dairy producers worldwide. The company specializes in producing a wide range of dairy products, including ice cream, cheese, yogurt, milk, and other milk-derived items, serving retail, food service, and industrial sectors globally. Agropur emphasizes sustainable practices in its operations, reflecting a commitment to innovation as a core principle of its business strategy. With over 80 years of experience in the dairy industry, Agropur continues to leverage its expertise to meet the evolving needs of its clients and to maintain its leadership position in the market.

Knowlton Development

Private Equity Round in 2014
Knowlton Development Corp. is a contract manufacturer and custom formulator serving the consumer goods industry in Canada and beyond. The company specializes in a diverse range of products, including personal cleansing items, body and facial care products, fragrances, men’s grooming solutions, hair care and styling products, as well as household care items. Through its extensive capabilities, Knowlton Development Corp. caters to various market needs, providing tailored solutions for its clients in the consumer goods sector.

bluenove

Private Equity Round in 2014
bluenove specializes in open innovation consulting and collective intelligence technologies. Based in Montreal and Paris, it develops an open innovation platform that helps public and private organizations design strategic and transformation plans and scale collaborative approaches. The platform supports citizen consultations, co-construction, and data analysis to enable meaningful collaboration, innovation, and informed decision-making.

Groupe Focus

Debt Financing in 2014
Groupe Focus is a prominent company based in Varennes, Canada, specializing in the planning and design of business environments. It focuses on the distribution and installation of high-end office furniture and architectural solutions tailored to create functional and ergonomic workspaces. The company provides a comprehensive range of products and services aimed at enhancing office decor, including the development and selection of innovative furniture and architectural partitions. Through its expertise, Groupe Focus assists businesses in optimizing their work environments to promote efficiency and comfort.

Master

Venture Round in 2014
Master is an independent distributor serving the heating, ventilation, air conditioning, and refrigeration industries in North America, with a particular focus on the Canadian market. The company offers a comprehensive online catalog that includes a range of products such as heat pumps, air conditioners, air quality systems, and geothermal systems, accessible through a network of retailers. Master enhances its offerings by integrating products and services to deliver high-quality HVAC-R solutions to its customers.

Induspac

Debt Financing in 2014
Induspac is a manufacturer specializing in customized industrial packaging solutions. Based in Candiac, Canada, it offers a range of products including corrugated boxes, wooden packaging, and protective containers. The company also provides value-added services such as co-packing, inventory management, custom production, and design engineering to optimize clients' packaging performance while reducing costs.

Fonderie Lemoltech

Debt Financing in 2014
Fonderie Lemoltech, headquartered in Princeville, Canada, is a specialized provider of aluminum processing services. The company focuses on recycled aluminum die casting, offering prototype development and turnkey project solutions for the production of customized aluminum parts. Their client base spans diverse industries such as energy, recreation, construction, medicine, and military sectors.

DataCandy Software

Venture Round in 2013
DataCandy Software, Inc. is a Montreal-based company that specializes in providing loyalty and gift card solutions for retail and restaurant clients in Canada and the United States. Established in 2002, DataCandy offers a technological platform that enables businesses to efficiently manage customer engagement through loyalty programs that reward repeat customers and gift card programs that facilitate prepaid purchasing. The company's services cater to a diverse range of businesses, including restaurants, retailers, and convenience stores, allowing them to capture real-time customer and product-level data in a multichannel, multilingual, and multicurrency environment. DataCandy Software operates in over 6,000 locations across North America and was previously known as Fanbox, Inc. until its name change in January 2014. As of November 2019, it functions as a subsidiary of Paystone.

Pacini

Private Equity Round in 2013
Pacini is a Canadian restaurant chain that specializes in providing an authentic Italian dining experience, operating more than 30 locations across the country with a workforce of approximately 1,300 employees. The chain is recognized for its rapid growth, becoming the fastest growing brand within the Canadian hotel industry's dining sector. Pacini's menu features a variety of high-quality dishes for lunch, dinner, and brunch, emphasizing healthy eating by eliminating artificial trans fats and reducing sodium content in its sauces. The restaurants also highlight an exclusive Bread Bar and Piazza Pacini, an Italian grocery store that offers customers a selection of fine products in a market-style setting. With over 30 years of franchising experience, Pacini is committed to exceptional service and promoting a genuine Italian culinary experience seven days a week.

H2O Innovation

Post in 2012
H2O Innovation Inc. is a Canadian company specializing in integrated water treatment solutions utilizing membrane filtration technology. It operates through three primary segments: Water Technologies and Services, Specialty Products, and Operation and Maintenance Services. The Water Technologies and Services segment focuses on providing systems for drinking and industrial process water, as well as water reclamation, desalination, and wastewater treatment. The company also manufactures and supplies a range of membrane filtration systems, spare parts, and specialty reverse osmosis chemicals. Its Specialty Products segment includes a variety of consumables, such as membrane cleaners and coagulants, alongside maple syrup production equipment. The Operation and Maintenance Services segment offers public works services, construction for water infrastructure, and containerized treatment systems. Additionally, H2O Innovation provides technical support and software solutions for monitoring water treatment processes. Founded in 2000 and headquartered in Quebec City, the company has established itself as a leader in the water treatment industry, continuously expanding its market presence.

Cogeco

Post in 2011
Cogeco is a communications corporation operating primarily in Canada under the Cogeco Connexion brand, offering cable television, high-speed internet, and telephony services to residential customers. It is one of the largest cable operators in North America.

Enerkem

Private Equity Round in 2011
Enerkem transforms non-recyclable waste into renewable biofuels and chemicals. Its proprietary thermochemical process converts municipal solid waste into biofuels like ethanol, addressing oil dependence and waste disposal challenges.

Equisoft

Private Equity Round in 2009
Equisoft Inc. is a global provider of innovative digital solutions tailored for the life insurance and wealth management industries. Founded in 1994 and headquartered in Montreal, Canada, with an additional office in Sydney, Australia, the company specializes in delivering a comprehensive ecosystem of services. Its offerings include SaaS policy administration, customer relationship management, financial planning tools, and solutions for asset allocation and portfolio analysis. Equisoft also provides financial advisors with tools for wealth management proposals, as well as software for quotes, illustrations, and agency management systems. The company is recognized as a leading partner for Oracle's insurance policy administration platform, leveraging extensive expertise in data migration and integration. Through its diverse range of services, Equisoft aims to empower clients to navigate the complexities of digital transformation in the financial sector.

Ni2

Venture Round in 2007
N(i)² is a technology company specializing in the development and marketing of software solutions for the management of information technology (IT) infrastructure and service support. Founded in 2003 and headquartered in Montreal, Canada, the company provides a comprehensive suite of IT infrastructure management applications that utilize a knowledge-based configuration management database (CMDB) platform. This platform allows organizations to identify, catalog, track, optimize, and manage their configuration items effectively. N(i)²'s offerings include an asset management application designed to oversee the IT asset lifecycle in accordance with established business rules, as well as a rack and connectivity application that optimizes data center operations by managing the positioning of cards within chassis and racks. The software aims to enhance service delivery for IT service providers, enabling them to streamline their infrastructure management and improve collaboration and innovation.

R&D Capital

Private Equity Round in 2007
R&D Capital is a Canadian financial institution focused on providing financing solutions for federal and provincial refundable tax credits. The company specializes in offering short-term funding for scientific research and experimental development, catering specifically to small and medium-sized enterprises (SMEs) across various sectors. These sectors include life sciences, environmental initiatives, the food industry, multimedia, and traditional industries. By facilitating access to tax credit financing, R&D Capital supports innovation and growth among eligible businesses throughout Canada.

Aceris 3D Inspection

Venture Round in 2007
Aceris 3D Inspection Inc. designs and manufactures flip chip and wafer inspection equipment for detecting measurements and defects. Its equipment is used to detect solder paste, singulated dies, warpage, epoxy, and bump height, as well as coined, round, and wafer level bumps. Aceris 3D Inspection Inc. was formerly known as Abante Inspection Inc. and changed its name to Aceris 3D Inspection Inc. in 2001. The company was founded in 2000 and is based in Montreal, Canada.

Optosecurity

Series B in 2007
Optosecurity Inc. is a technology company specializing in threat detection solutions for the transportation and critical infrastructure sectors. Founded in 2003 in Quebec, Canada, and originally known as Optobiometrics, Inc., the company focuses on checkpoint security software that enhances operational efficiency and security standards. Its flagship products include eVelocity, an integrated security screening software suite that facilitates real-time data collection from various X-ray machines, and OptoScreener, which retrofits existing systems to automatically detect a range of threats, including liquid explosives and firearms. Additionally, Optosecurity offers the XMS Threat Detection Software Suite, which serves as a decision support tool for imaging systems at checkpoints. The company has established strategic partnerships with several industry leaders, enhancing its capabilities and reach in the security market. In June 2004, it adopted the name Optosecurity Inc. and has since continued to innovate in the field of security technology.

D-BOX Technologies

Private Equity Round in 2007
D-BOX Technologies designs and manufactures motion systems that synchronize physical movement with on-screen action for entertainment, simulation, and training applications worldwide. Its D-BOX Motion Code technology programs motion effects for content and delivers them through motion systems integrated into seats, platforms, or other equipment, which can be sold or leased to theatres, venues, and OEMs. The company offers MFX motion systems, servers, transmitters, and actuators, as well as home entertainment motion controllers for residential use. It serves markets including commercial cinemas, home entertainment, automotive, defense, aviation, heavy equipment and cranes, racing, and wellness, and licenses motion-code software to enable synchronized experiences in venues equipped with D-BOX systems. Headquartered in Longueuil, Canada, D-BOX operates worldwide and serves multiple regions, with the United States noted as a key revenue driver in its regional mix.

GO Capital Fund

Venture Round in 2006
GO Capital is a venture capital fund with a total capital of $50 million, dedicated to supporting emerging technology firms in Quebec. The fund specifically targets companies in advanced technologies, information technology, life sciences, and telecommunications that are seeking financing. GO Capital matches investments dollar for dollar with the Business Development Bank of Canada (BDC), effectively doubling the available capital to $100 million for selected firms. Additionally, FIER Partners has committed to investing $25 million as part of a new stream of seed funding aimed at technology companies. Other contributors to the fund include the BDC, the Caisse de dépôt et placement du Québec, the Solidarity Fund QFL, and Fondaction, which together enhance the financial resources available to support these young enterprises.

Optosecurity

Series A in 2005
Optosecurity Inc. is a technology company specializing in threat detection solutions for the transportation and critical infrastructure sectors. Founded in 2003 in Quebec, Canada, and originally known as Optobiometrics, Inc., the company focuses on checkpoint security software that enhances operational efficiency and security standards. Its flagship products include eVelocity, an integrated security screening software suite that facilitates real-time data collection from various X-ray machines, and OptoScreener, which retrofits existing systems to automatically detect a range of threats, including liquid explosives and firearms. Additionally, Optosecurity offers the XMS Threat Detection Software Suite, which serves as a decision support tool for imaging systems at checkpoints. The company has established strategic partnerships with several industry leaders, enhancing its capabilities and reach in the security market. In June 2004, it adopted the name Optosecurity Inc. and has since continued to innovate in the field of security technology.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.