Caisse de Depot et Placement du Quebec

Caisse de Depot et Placement du Quebec is a global fund manager that primarily serves public and private pension funds and insurance plans in Québec. Known as depositors, these clients entrust their funds to the Caisse, which strategically invests in financial markets both within Québec and internationally. The objective of these investments is to generate profitable returns, contributing to the financial stability and growth of the depositors' assets.

Marc Cormier

Executive Vice President Fixed Income and Active Overlay Strategies Investment Management

Mathieu Gauvin

Senior Vice President Investments

Emmanuel Jaclot

Executive Vice President

Martin Laguerre

Executive Vice President and Head of Private Equity

Normand Provost

Executive Vice President Private Equity

Alexandre Synnett

Executive Vice President and CTO

Past deals in Quebec

Norda Stelo

Venture Round in 2025
Norda Stelo, established in Quebec in 1963, is an independent engineering and consulting firm. It specializes in integrated projects, providing comprehensive support to clients from initial planning through to operations. The company develops tailored expertise and assembles specialized teams to address each client's unique needs and project challenges, focusing on industries such as infrastructure, energy, and manufacturing. Its services include material handling, optimization, automation, and robotics, helping businesses enhance productivity, drive transformation, and achieve sustainable performance.

Innergex

Acquisition in 2025
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.

Energir

Private Equity Round in 2024
Energir, founded in 1957 and based in Montreal, Canada, is a prominent energy producer and distributor. The company specializes in the development and distribution of natural gas, including methane, ethane, nitrogen, and carbon dioxide. Additionally, Energir operates district heating plants and produces electricity from renewable sources such as hydro, wind, and solar energy. It is recognized as the primary distributor of electricity in its region and holds the distinction of being the sole distributor of natural gas in Vermont. Through its diverse energy portfolio, Energir plays a significant role in the Canadian energy sector.

WSP Global

Post in 2024
WSP Global is a professional services consulting firm headquartered in Montreal, Canada, with a rich history dating back to 1885. It has established itself as one of the world's leading engineering firms, offering a wide range of services that include environmental remediation, urban planning, and infrastructure development. WSP's expertise spans various sectors such as transportation, energy, and community development, enabling the firm to address both the built and natural environments. With approximately 32,000 employees, including engineers, technicians, scientists, architects, and planners, WSP operates from over 500 offices in 39 countries. The firm has grown through strategic acquisitions, including Parsons Brinckerhoff, which enhanced its capabilities in transportation engineering and infrastructure projects. WSP is recognized for its commitment to delivering innovative solutions and has been ranked among the top international design firms by Engineering News-Record.

Gildan Activewear

Post in 2024
Gildan Activewear Inc. is a vertically integrated global manufacturer and marketer of basic apparel, specializing in non-fashion products such as t-shirts, sweatshirts, underwear, socks, and hosiery. The company primarily serves the screen print markets in North America, Europe, and other international regions, supplying wholesalers, major clothing brands, and printers. Gildan also operates retail and direct-to-consumer channels under its brands, which include Gildan, American Apparel, Comfort Colors, and Gold Toe. Most of its production takes place in Latin America, along with a new facility in Bangladesh, and the company generates nearly 90% of its sales in the United States. Founded in 1984 and headquartered in Montreal, Gildan continues to expand its market presence while maintaining a focus on basic apparel.

Plusgrade

Private Equity Round in 2024
Plusgrade LP is a Montreal-based company that specializes in an online revenue upgrade platform designed for the airline and travel industries. Founded in 2009, Plusgrade provides software solutions that help airlines and other travel-related businesses optimize their revenue through upgrade options and ancillary services. The platform allows travelers to enhance their experience by offering upgrades before departure, while also delivering post-reservation confirmations and customizable options. Plusgrade's clientele includes notable airlines such as Virgin Atlantic, Air New Zealand, and Etihad Airways, among others. With a focus on creating new revenue streams from unsold inventory, upgrades, and premium services, Plusgrade has established itself as a key player in the ancillary revenue sector, recognized for its innovative approach and impact on the global airline industry.

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.

Vosker

Debt Financing in 2021
Vosker provides remote area monitoring technology using solar power and artificial intelligence for cutting-edge surveillance solutions. It offers mobile security cameras that operate on 4G/LTE networks and are powered by solar energy, providing surveillance capabilities. These cameras are primarily used in various industries. Vosker was founded in 2018, and headquartered in Victoriaville, Quebec.

AlayaCare

Series D in 2021
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

Poka

Series B in 2021
Poka Inc. is a Quebec-based company that specializes in performance support software for digital manufacturing operations. Founded in 2013, Poka has developed a web and mobile application that empowers factory workers to capture, consume, and share vital information in real-time on the plant floor, thereby enhancing productivity. The platform creates a standardized multimedia knowledge base that includes procedures, training content, and solutions tailored to specific workstations and machines. This approach not only helps reduce production downtime but also improves quality and safety while facilitating communication across various departments and shifts. Poka has emerged as a key player in the digital transformation of the manufacturing sector, serving numerous leading industrial firms recognized among the largest global manufacturers.

BonTerra Resources

Post in 2020
Bonterra Resources Inc. is a Canadian gold exploration company focused on the acquisition, exploration, and evaluation of mineral properties primarily in the province of Quebec. Incorporated in 2007 and headquartered in Val-d'Or, the company has established a significant land position of approximately 35,000 hectares within the Urban Barry Camp, situated in the mining-friendly Abitibi Greenstone Belt. Bonterra's key projects include the Gladiator Deposit, the Moroy Deposit, and the Barry Deposit. Notably, it operates the only permitted gold mill in the region, facilitating its exploration and mining activities. The company's operations encompass both mineral exploration and mining site care and maintenance, positioning it as a significant player in the Canadian gold sector.

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.

Dialogue Health Technologies

Series B in 2020
Dialogue Health Technologies operates a comprehensive virtual care platform that provides employee wellness and health solutions for Canadian employers. Founded in 2016 and based in Montreal, the company offers a variety of services aimed at enhancing employee engagement and health. Its platform allows employees to interact with healthcare professionals, including nurses and doctors, for support in physical and mental health. Additionally, the platform facilitates care navigation, medication delivery, and referrals to specialists. By empowering employees to take charge of their health, Dialogue Health Technologies helps businesses create a healthier workforce, leading to increased productivity and overall employee satisfaction.

WSP Global

Post in 2020
WSP Global is a professional services consulting firm headquartered in Montreal, Canada, with a rich history dating back to 1885. It has established itself as one of the world's leading engineering firms, offering a wide range of services that include environmental remediation, urban planning, and infrastructure development. WSP's expertise spans various sectors such as transportation, energy, and community development, enabling the firm to address both the built and natural environments. With approximately 32,000 employees, including engineers, technicians, scientists, architects, and planners, WSP operates from over 500 offices in 39 countries. The firm has grown through strategic acquisitions, including Parsons Brinckerhoff, which enhanced its capabilities in transportation engineering and infrastructure projects. WSP is recognized for its commitment to delivering innovative solutions and has been ranked among the top international design firms by Engineering News-Record.

Poka

Venture Round in 2020
Poka Inc. is a Quebec-based company that specializes in performance support software for digital manufacturing operations. Founded in 2013, Poka has developed a web and mobile application that empowers factory workers to capture, consume, and share vital information in real-time on the plant floor, thereby enhancing productivity. The platform creates a standardized multimedia knowledge base that includes procedures, training content, and solutions tailored to specific workstations and machines. This approach not only helps reduce production downtime but also improves quality and safety while facilitating communication across various departments and shifts. Poka has emerged as a key player in the digital transformation of the manufacturing sector, serving numerous leading industrial firms recognized among the largest global manufacturers.

Hopper

Venture Round in 2020
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

Monarques Gold

Post in 2020
Monarques Gold Corporation (TSX-V: MQR) is an emerging gold producer whose goal is to continue to grow through its strong position in the North American quality project portfolio located in the Abitibi mining camp in Quebec, Canada. The Company currently holds more than 240 km² of gold properties including the Beaufor Mine, the Croinor Gold and Wasamac Advanced Projects, the Camflo and Beacon Mills, and six promising exploration projects. It also offers contract machining services from its Camflo plant with a capacity of 1,200 tonnes per day.

AlayaCare

Series C in 2020
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

Nuvei

Private Equity Round in 2019
Nuvei Corporation, established in 2003, is a global payment technology solutions provider headquartered in Montreal, Canada. It offers a cloud-based Native Commerce Platform that enables businesses to accept payments across various channels, including mobile, online, unattended, and in-store. Nuvei serves clients in North America, Europe, the Asia Pacific, and Latin America through a network of direct sales, agents, resellers, and partners. Its comprehensive suite of services includes payment acceptance, card issuing, banking, risk management, and fraud management, empowering businesses to optimize payment processes and increase acceptance rates both locally and globally.

H2O Innovation

Post in 2019
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.

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.

Neuvoo

Private Equity Round in 2019
Neuvoo Inc. is a job search engine founded in 2011 by Maxime Droux, Lucas Martinez, and Benjamin Philion. Headquartered in Montreal, Canada, the platform allows users to post, search, and find job opportunities across various sectors. Neuvoo operates in over 60 countries, providing a comprehensive resource for individuals seeking employment, including features that allow users to search for specific job types and salary information. The company aims to streamline the job search process by aggregating listings from various sources, making it easier for job seekers to navigate the employment landscape.

Element AI

Series B in 2019
Element AI Inc. is an artificial intelligence company based in Montreal, Canada, with an additional office in Toronto. Founded in 2016, Element AI specializes in providing AI solutions that help organizations identify opportunities for artificial intelligence and machine learning integration. The company operates an AI as a Service (AIaaS) platform, enabling businesses to launch and develop AI solutions in collaboration with large corporations. Its offerings span various industries, including insurance, banking, manufacturing, logistics, retail, and consumer packaged goods. Element AI emphasizes the operationalization of AI by delivering software products that enhance decision-making and improve business agility. The company also conducts research and development to advance AI technology and maintains partnerships with academic institutions to foster innovation. Through its systems integrator approach, Element AI assists organizations in implementing and commercializing AI solutions tailored to their specific needs.

AlayaCare

Series C in 2019
AlayaCare is a start-up based in Montréal, Quebec, that offers a comprehensive home health care software platform and hardware ecosystem. Founded in 2014 by Adrian Schauer and Neil Grunberg, the company aims to modernize the home care industry, which often relies on outdated software and inefficient processes. AlayaCare's platform integrates various functions, including planning, clinical documentation, remote patient monitoring, and mobile care worker capabilities, enabling home care agencies to operate more effectively and efficiently. By providing mixed telehealth and in-person health solutions, AlayaCare empowers patients to improve their quality of life while simultaneously reducing care costs. The company promotes an open culture that encourages team members to voice dissent while maintaining a focus on overarching goals. Additionally, AlayaCare collaborates with NGOs in the developing world, offering its solution at no cost to enhance mobile technology's impact on underserved communities.

Dialogue Health Technologies

Series B in 2019
Dialogue Health Technologies operates a comprehensive virtual care platform that provides employee wellness and health solutions for Canadian employers. Founded in 2016 and based in Montreal, the company offers a variety of services aimed at enhancing employee engagement and health. Its platform allows employees to interact with healthcare professionals, including nurses and doctors, for support in physical and mental health. Additionally, the platform facilitates care navigation, medication delivery, and referrals to specialists. By empowering employees to take charge of their health, Dialogue Health Technologies helps businesses create a healthier workforce, leading to increased productivity and overall employee satisfaction.

Midland Exploration

Post in 2019
Midland Exploration Inc. is a mineral exploration company based in Montreal, Canada, focused on the acquisition, exploration, and evaluation of mineral properties, primarily in the province of Quebec. Established in 1995, the company specializes in the discovery of gold, platinum group elements, base metals, and rare earth elements. Midland operates multiple projects, including Casault, Laflamme, and Maritime-Cadillac, often in joint ventures with respected partners such as Agnico Eagle and Teck Resources. The company has also recently expanded its portfolio by acquiring the Willbob gold project, further enhancing its exploration efforts. Midland is actively seeking partnership opportunities in the mining sector and has established itself as a dynamic entity within the industry, guided by an experienced management team with a proven track record in mineral discoveries.

Harfang Exploration

Post in 2019
Harfang Exploration Inc is a Canadian mining exploration company dedicated to discovering gold districts, primarily in the province of Quebec. The company focuses on acquiring and exploring mineral properties, with a particular emphasis on gold and lithium in the James Bay area of Quebec and northeastern Ontario. Harfang's portfolio includes several projects, such as the Lac Menarik gold property, Menarik East, Serpent, Lake Fagnant, Lake Aulneau, and Lake Tapiatic, among others. The company's development strategy involves generating mining projects while establishing partnerships with other exploration and mining firms to enhance its exploration efforts.

Real Ventures

Venture Round in 2019
Real Ventures, established in 2007, is a Montreal-based venture capital firm focused on early-stage Canadian tech startups. With $325 million under management across five funds, the firm supports daring entrepreneurs aiming to build global companies. Real Ventures provides mentorship, networks, and resources to accelerate founders' growth, with an active portfolio of over 100 companies currently valued at $10 billion.

Cirque du Soleil

Debt Financing in 2019
Cirque du Soleil is a prominent entertainment company based in Montreal, Canada, founded in 1984. It specializes in the production of live shows that blend acrobatics, music, and theatrical storytelling. The company offers a diverse range of performances, including touring shows, resident productions in major cities like Las Vegas, New York, and Orlando, as well as seasonal and arena shows. In addition to its live performances, Cirque du Soleil provides an online platform where users can find information and purchase tickets for its events. The company also features an online boutique that sells apparel, accessories, collectibles, and other related merchandise, enriching the audience's experience beyond the performances.

Plusgrade

Private Equity Round in 2018
Plusgrade LP is a Montreal-based company that specializes in an online revenue upgrade platform designed for the airline and travel industries. Founded in 2009, Plusgrade provides software solutions that help airlines and other travel-related businesses optimize their revenue through upgrade options and ancillary services. The platform allows travelers to enhance their experience by offering upgrades before departure, while also delivering post-reservation confirmations and customizable options. Plusgrade's clientele includes notable airlines such as Virgin Atlantic, Air New Zealand, and Etihad Airways, among others. With a focus on creating new revenue streams from unsold inventory, upgrades, and premium services, Plusgrade has established itself as a key player in the ancillary revenue sector, recognized for its innovative approach and impact on the global airline industry.

H2O Innovation

Post in 2018
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.

Hopper

Series D in 2018
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

Kintavar Exploration

Post in 2018
Kintavar Exploration Inc. is a natural resource corporation focused on the exploration and development of gold and base metal properties in Canada, particularly in Quebec. The company's flagship project is the Mitchi copper property, spanning approximately 30,000 hectares in the Grenville geological province. In addition to Mitchi, Kintavar holds interests in the Anik gold property, which consists of 120 claims covering 6,700 hectares southeast of Chapais, and the Riviere à l’aigle project, comprising 161 claims over 9,026 hectares in the Chapais-Chibougamau region. The company aims to identify and acquire underexplored properties in geologically favorable areas, primarily focusing on the Abitibi gold district and the Grenville geological province. Kintavar Exploration is headquartered in Boucherville, Canada.

Stelmine Canada

Post in 2018
Stelmine Canada Ltd is a Canadian mineral exploration company focused on the acquisition, exploration, production, and development of mining properties in Quebec. The company is actively engaged in identifying and developing mineral resources, with a particular emphasis on gold. Stelmine's portfolio includes several key assets, such as the Courcy Property, Mercator Property, Joubert Property, Nouvelles Property, Ilnu Property, and Trieste Property. Additionally, Stelmine is planning to establish a new gold mining camp in the eastern region of the Opinaca metasedimentary basin, further expanding its operational footprint in the region.

Sphinx Resources

Post in 2018
Sphinx Resources Ltd. is a mineral exploration company based in Montreal, Canada, focusing on the acquisition, exploration, and development of mineral properties. The company targets various deposits, primarily zinc, copper, nickel, lead, palladium, platinum, gold, and silver. Sphinx holds 100% interests in several projects, including the Calumet-Sud project, which consists of 21 claims over 12.14 square kilometers, and the Green Palladium project, covering 41 square kilometers with 74 claims. Additional projects include Tessouat, Tessouat-Sud, Obwondiag, Soufflot, and Patrie, all located in southwestern Quebec. Sphinx also has an option to acquire a 100% interest in the Calumet-Nord project situated in the Proterozoic volcanic belt of l’Île-du-Grand-Calumet. The company aims to generate or acquire quality exploration projects with a focus on social acceptability and low-cost exploration, taking advantage of Quebec's reputation as an attractive mining jurisdiction. Originally known as Donner Metals Ltd., Sphinx Resources Ltd. was rebranded in October 2014 and has been operational since its incorporation in 2005.

Maple Gold Mines

Post in 2018
Maple Gold Mines Ltd. is a gold exploration company based in Montreal, Canada, focused on advancing its Douay gold project, which consists of 666 mineral claims covering approximately 355 square kilometers in the Abitibi Greenstone Belt of northern Quebec. The Douay project is situated within a highly regarded mining jurisdiction known for its rich mineral deposits. Formerly known as Aurvista Gold Corporation, the company was incorporated in 2010 and rebranded in November 2017. Maple Gold Mines is committed to exploring and developing this district-scale gold project, leveraging its significant land position in a region renowned for gold production.

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.

Stingray

Acquisition in 2018
Stingray Digital is a Canadian media and entertainment company based in Montreal, specializing in digital media and interactive music broadcasting. The company offers a variety of services, including The Karaoke Channel, which provides licensed karaoke content; Stingray Music, a distributor of re-recorded music; and Stingray360, which offers copyright-cleared subscription music services for businesses. Additionally, Stingray operates Concert TV, a video-on-demand service, and Galaxie, a digital audio service for pay TV, in partnership with CBC/Radio-Canada. Stingray broadcasts music and video content across multiple platforms, including radio, television, and digital media, primarily generating revenue through its broadcasting and commercial music segment.

Innergex

Post in 2017
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.

Nuvei

Venture Round in 2017
Nuvei Corporation, established in 2003, is a global payment technology solutions provider headquartered in Montreal, Canada. It offers a cloud-based Native Commerce Platform that enables businesses to accept payments across various channels, including mobile, online, unattended, and in-store. Nuvei serves clients in North America, Europe, the Asia Pacific, and Latin America through a network of direct sales, agents, resellers, and partners. Its comprehensive suite of services includes payment acceptance, card issuing, banking, risk management, and fraud management, empowering businesses to optimize payment processes and increase acceptance rates both locally and globally.

Sphinx Resources

Post in 2017
Sphinx Resources Ltd. is a mineral exploration company based in Montreal, Canada, focusing on the acquisition, exploration, and development of mineral properties. The company targets various deposits, primarily zinc, copper, nickel, lead, palladium, platinum, gold, and silver. Sphinx holds 100% interests in several projects, including the Calumet-Sud project, which consists of 21 claims over 12.14 square kilometers, and the Green Palladium project, covering 41 square kilometers with 74 claims. Additional projects include Tessouat, Tessouat-Sud, Obwondiag, Soufflot, and Patrie, all located in southwestern Quebec. Sphinx also has an option to acquire a 100% interest in the Calumet-Nord project situated in the Proterozoic volcanic belt of l’Île-du-Grand-Calumet. The company aims to generate or acquire quality exploration projects with a focus on social acceptability and low-cost exploration, taking advantage of Quebec's reputation as an attractive mining jurisdiction. Originally known as Donner Metals Ltd., Sphinx Resources Ltd. was rebranded in October 2014 and has been operational since its incorporation in 2005.

Hopper

Series C in 2016
Hopper Inc. is a travel technology company based in Montreal, Canada, with additional offices in Cambridge, Massachusetts, New York, and Sofia, Bulgaria. Founded in 2007 by Frederic Lalonde and Joost Ouwerkerk, Hopper has developed a mobile application that leverages big data and predictive analytics to provide users with travel recommendations. The app specializes in analyzing and forecasting airfare and accommodations, enabling travelers to secure the best deals. Hopper notifies users when flight and hotel prices are anticipated to be at their lowest, allowing them to make informed decisions about their travel plans. The company's innovative platform aims to simplify the travel booking process, making it easier for users to plan and book their trips directly from their mobile devices.

LASIK MD

Venture Round in 2016
LASIK MD was founded by Drs. Mark Cohen and Avi Wallerstein in 2001, with their first clinic opening in Montreal. The doctors shared a vision: They wanted to make laser vision correction as ubiquitous and widespread as glasses and contacts, and challenge the perception of vision correction by showcasing how simple and affordable a procedure it can be. After acquiring a privately-owned laser vision correction clinic, the doctors grew this business model, focusing on the affordability and lifestyle benefits of LASIK. Today, more people than ever have discovered an improved quality of life thanks to LASIK MD.

H2O Innovation

Post in 2016
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.

Stingray

Post in 2016
Stingray Digital is a Canadian media and entertainment company based in Montreal, specializing in digital media and interactive music broadcasting. The company offers a variety of services, including The Karaoke Channel, which provides licensed karaoke content; Stingray Music, a distributor of re-recorded music; and Stingray360, which offers copyright-cleared subscription music services for businesses. Additionally, Stingray operates Concert TV, a video-on-demand service, and Galaxie, a digital audio service for pay TV, in partnership with CBC/Radio-Canada. Stingray broadcasts music and video content across multiple platforms, including radio, television, and digital media, primarily generating revenue through its broadcasting and commercial music segment.

Félix & Paul Studios

Series A in 2016
Felix & Paul Studios, founded in 2013 and based in Montreal, Canada, specializes in the production of cinematic virtual reality experiences. The studio, led by directors and visual artists Félix Lajeunesse and Paul Raphaël, has established a reputation for its pioneering approach to virtual reality storytelling. It has developed a proprietary 3D 360º camera and corresponding software that set industry standards for quality in VR filmmaking. The studio creates both original content and collaborates with existing intellectual properties, offering audiences deeply immersive experiences that evoke strong emotional responses. Notable projects include collaborations with Oculus, Universal Studios, and Cirque du Soleil Media, showcasing the studio's commitment to high-quality, innovative storytelling in virtual reality. With a dedicated team of artists, software developers, and engineers, Felix & Paul Studios continues to lead the evolution of this emerging medium.

Cartier Resources

Convertible Note in 2016
Cartier Resources Inc. is a Canadian exploration company focused on the acquisition and exploration of mining properties, primarily targeting gold deposits. Founded in 2006 and headquartered in Val-d'Or, Quebec, the company operates within the prolific Abitibi Gold Belt. Its flagship project is the Chimo mine property, located east of Val-d'Or. In addition to Chimo, Cartier Resources holds several other projects, including Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack, all aimed at discovering and developing valuable mineral resources.

DERYtelecom

Venture Round in 2016
DERYtelecom Inc. is a telecommunications company based in La Baie, Quebec, specializing in cable distribution and a hybrid fiber network. Founded in 1954, the company offers a range of services, including Internet access, website hosting, and phone services, which have been deployed across most of its territories. DERYtelecom focuses on optimizing and expanding its cable network while also providing mobile, television, and ADSL services, catering to the communication needs of its customers in the Saguenay region.

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.

WSP Global

Post in 2015
WSP Global is a professional services consulting firm headquartered in Montreal, Canada, with a rich history dating back to 1885. It has established itself as one of the world's leading engineering firms, offering a wide range of services that include environmental remediation, urban planning, and infrastructure development. WSP's expertise spans various sectors such as transportation, energy, and community development, enabling the firm to address both the built and natural environments. With approximately 32,000 employees, including engineers, technicians, scientists, architects, and planners, WSP operates from over 500 offices in 39 countries. The firm has grown through strategic acquisitions, including Parsons Brinckerhoff, which enhanced its capabilities in transportation engineering and infrastructure projects. WSP is recognized for its commitment to delivering innovative solutions and has been ranked among the top international design firms by Engineering News-Record.

Falco Resources

Post in 2015
Falco Resources is a Canadian junior resource exploration company focused on acquiring and exploring mineral properties. Established in 2010 and headquartered in Montreal, the company primarily operates in the Rouyn-Noranda mining camp in Quebec, where it owns approximately 74,000 hectares of land. Falco's key asset is the Horne 5 Project, located within the former Horne mine. The company specializes in exploring for base and precious metals, including gold, zinc, copper, and silver deposits. Falco Resources has employed advanced digitization and data mining techniques to analyze historical data, leading to significant discoveries such as the Horne 5 deposit.

Innergex

Post in 2015
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.

Cartier Resources

Post in 2015
Cartier Resources Inc. is a Canadian exploration company focused on the acquisition and exploration of mining properties, primarily targeting gold deposits. Founded in 2006 and headquartered in Val-d'Or, Quebec, the company operates within the prolific Abitibi Gold Belt. Its flagship project is the Chimo mine property, located east of Val-d'Or. In addition to Chimo, Cartier Resources holds several other projects, including Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack, all aimed at discovering and developing valuable mineral resources.

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.

H2O Innovation

Post in 2013
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 2013
Cogeco Communications Inc. is a telecommunications company based in North America, recognized as the eighth-largest cable operator in the region. It operates in Canada under the Cogeco Connexion brand, primarily serving customers in Quebec and Ontario, and has a significant presence in the United States through its subsidiary, Atlantic Broadband, which offers services in 12 states. Cogeco provides a comprehensive range of services, including high-speed internet, video, and telephony, catering to both residential and business clients. The company emphasizes customer satisfaction by investing in advanced broadband network facilities to ensure fast, reliable service at competitive prices, while also focusing on improving profitability and creating shareholder value.

Sports Guy Dumas

Venture Round in 2012
Founded in 2007, Ecotone now forms the largest hunting and fishing group in Canada and has more than 60 stores located in both urban and regional areas in the provinces of Québec, Ontario and New Brunswick.

Liberty Spring

Venture Round in 2012
Liberty Spring, founded in 1986 and based in Montmagny, Canada, is a leading manufacturer of high-precision springs and metal components primarily serving the automotive, aerospace, and recreational vehicle industries. The company specializes in designing and assembling complex, high-value-added precision springs for various applications, including internal combustion and hybrid engines, as well as suspension components such as compression, rebound, torsion, and arc springs. With a workforce of over 700 employees across five production sites, including more than 450 in Québec, Liberty Spring exports more than two-thirds of its production, solidifying its status as a key player in the North American market.

Telecon

Venture Round in 2011
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.

Victrix

Venture Round in 2011
Victrix is an information technology consulting firm based in Montreal and Quebec City, specializing in four key areas: infrastructure, telecommunications, security, and collaborative solutions. The company serves over 400 active clients across both private and public sectors in Quebec, offering a comprehensive portfolio of services that includes technology infrastructure, networking, development, collaboration, and information security. Victrix aims to enhance enterprise productivity for its clients by combining excellence and agility, ultimately delivering a distinctive customer experience.

RGF Électrique

Venture Round in 2011
RGF Électrique, established in 1976, is a prominent contractor specializing in the installation of electrical systems for large-scale commercial and industrial projects. Based in Trois-Rivières, the company is recognized for its expertise in handling major projects and its commitment to integrating new technologies. With a team of qualified professionals, RGF Électrique plays a significant role in the construction sector, helping clients adopt the latest trends and advancements in electrical systems.

Cartier Resources

Post in 2010
Cartier Resources Inc. is a Canadian exploration company focused on the acquisition and exploration of mining properties, primarily targeting gold deposits. Founded in 2006 and headquartered in Val-d'Or, Quebec, the company operates within the prolific Abitibi Gold Belt. Its flagship project is the Chimo mine property, located east of Val-d'Or. In addition to Chimo, Cartier Resources holds several other projects, including Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack, all aimed at discovering and developing valuable mineral resources.

Cartier Resources

Post in 2009
Cartier Resources Inc. is a Canadian exploration company focused on the acquisition and exploration of mining properties, primarily targeting gold deposits. Founded in 2006 and headquartered in Val-d'Or, Quebec, the company operates within the prolific Abitibi Gold Belt. Its flagship project is the Chimo mine property, located east of Val-d'Or. In addition to Chimo, Cartier Resources holds several other projects, including Benoist, Fenton, Wilson, Cadillac Extension, Dollier, and MacCormack, all aimed at discovering and developing valuable mineral resources.

Sirios Resources

Post in 2007
Sirios Resources Inc. is an exploration company focused on the evaluation and discovery of mineral resources, primarily gold and silver deposits, in Canada. Founded in 1994 and headquartered in Montreal, the company emphasizes its mission to uncover world-class gold deposits in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over an area of 7,400 acres and represents a multi-million ounce gold potential. In addition to Cheechoo, Sirios Resources also holds other projects, including Aquilon, Maskwa, and Li-52, aimed at exploring both gold and lithium resources.

OZ Communications

Series B in 2006
OZ Communications, Inc., a software company, provides consumer mobile messaging solutions. It offers OZ Mobile IM, a solution that enables mobile operators to offer access to already established instant messaging services; OZ Consumer Email, an email solution for consumer mobile phones and devices to send and receive emails to friends and family; and OZ SmartMail, an email solution for savvy, small business, and home business professionals. The company also provides OZ Mobile IMPS Server, a solution that enables mobile operators to build own mobile instant messaging communities; and OZ Mobile Social Networking, which enables mobile operators to deliver mobile social networking experience to end users. In addition, it offers device application development services, custom server solutions and system integration services, application service provider solutions, and business consulting services. The company's customers include mobile operators, handset manufacturers, portals, and online communities. It has strategic partnerships with America Online, Inc.; Microsoft; and Yahoo!. OZ Communications, Inc. was formerly known as OZ.COM. The company was founded in 1991 and is based in Montreal, Canada with regional offices in the United States, Europe, and India. As of November 4, 2008, OZ Communications Inc. operates as a subsidiary of Nokia Corp.

Sirios Resources

Post in 2006
Sirios Resources Inc. is an exploration company focused on the evaluation and discovery of mineral resources, primarily gold and silver deposits, in Canada. Founded in 1994 and headquartered in Montreal, the company emphasizes its mission to uncover world-class gold deposits in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over an area of 7,400 acres and represents a multi-million ounce gold potential. In addition to Cheechoo, Sirios Resources also holds other projects, including Aquilon, Maskwa, and Li-52, aimed at exploring both gold and lithium resources.

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.

Topigen Pharmaceuticals

Series B in 2005
Topigen Pharmaceuticals is a biotechnology company that is focused on the scientific research and development of therapeutic drugs. It develops treatments for respiratory disorders, including asthma and chronic obstructive pulmonary disease. Topigen Pharmaceuticals offers TPI ASM8, a drug that is developed for the management of moderate to severe asthma; and TPI 1100, a drug that is developed for the chronic obstructive pulmonary disease. Topigen Pharmaceuticals was acquired by Pharmaxis in January 2010. Topigen Pharmaceuticals was founded in 2000 and is based in Montreal, Quebec.

Sirios Resources

Post in 2004
Sirios Resources Inc. is an exploration company focused on the evaluation and discovery of mineral resources, primarily gold and silver deposits, in Canada. Founded in 1994 and headquartered in Montreal, the company emphasizes its mission to uncover world-class gold deposits in the James Bay region of Quebec. Its flagship project, the Cheechoo project, encompasses 145 claims over an area of 7,400 acres and represents a multi-million ounce gold potential. In addition to Cheechoo, Sirios Resources also holds other projects, including Aquilon, Maskwa, and Li-52, aimed at exploring both gold and lithium resources.
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