Fondaction

Fondaction is a non-profit investment firm based in Montréal, Canada, established in 1996. It specializes in direct investments, focusing on private equity and venture capital across various stages, including seed, startup, and growth capital for small and medium-sized enterprises. Fondaction primarily invests in companies located in Quebec, particularly those in the clean energy and agri-food sectors, aligning with sustainable development principles. The firm typically invests between CAD 0.5 million and CAD 10 million in direct equity or loans and seeks to take minority stakes in its portfolio companies, with an exit strategy spanning five to eight years. Additionally, Fondaction invests in private equity, venture capital, mezzanine, and real estate funds that are either based in Canada or employ a majority of Quebecers, with transaction amounts ranging from CAD 0.5 million to CAD 75 million. With over one billion dollars in assets from more than 131,000 shareholders, Fondaction is committed to socially responsible finance and sustainable development, producing comprehensive accountability reports in accordance with the Global Reporting Initiative standards.

Éric Baron

Portfolio Manager

Marc Benoît

Portfolio Director

Marc-André Binette

Deputy Chief Investment Officer, Asset Management

Claire Bisson

Deputy Chief Investment Officer

Geneviève Bouthillier

Deputy Chief investment Officer

Richard Buies

Portfolio Director

Dominique Chaussé

Deputy Chief Investment Office

Diane Duchesne

Portfolio Manager

Pierre B. Lafrenière

Director

Luc Lapointe

Portfolio Manager

Bruno Masson

Portfolio Director

Stephan Morency

Chief Investment Officer

Genevieve Morin

Chief Investment Officer

Johanne Provost-Mitchell

Associate

Marie-Josée Rioux

Portfolio Manager

Nataly-Claude Simard

Portfolio Manager

Roxanne Turcotte

Portfolio Director

Paul Villemaire

Senior Portfolio Manager

Luc Villeneuve

Senior Portfolio Manager, Funds and Real Estate

231 past transactions

Optosecurity

Series A in 2005
Optosecurity Inc. develops and commercializes security products for the transportation and critical infrastructure markets. It offers OptoScreener, an inline checkpoint security system that automatically detects potential threats, such as weapons and weapon parts, as well as identifies dangerous liquids and gels. Optosecurity Inc. was founded as Optobiometrics, Inc. in 2003 and later changed its name to Optosecurity Inc. in June 2004. The company is based in Quebec, Canada.

Enerkem

Corporate Round in 2018
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

ESI Technologies

Private Equity Round in 2018
ESI Technologies contribue à propulser les compagnies québécoises depuis 1994, en reliant les domaines critiques de la transformation des données en information. La mission d’ESI est de proposer les solutions des meilleurs manufacturiers de l’industrie pour gérer, protéger et transformer les données générées par les activités des entreprises. ESI offre son expertise technologique de pointe et sa grande compréhension des enjeux d’affaires afin de tirer une véritable valeur ajoutée des volumes de données,

Bad Monkey Inc

Private Placement in 2020
Bad Monkey Inc manufactures, distributes, and markets ready-to-eat popcorn, microwavable popcorn, and other confectionery items. It offers large, small, and standard format popcorn; cotton candy; bulk purchases; and popping corn and seasonings. The company was founded in 2014 and is based in Saint-Laurent, Canada.

Au Coin du Pédaleur

Debt Financing in 2017
Au Coin du Pédaleur inc. manufactures and distributes orthopedic and industrial bicycles, tricycles, and running equipment. The company’s products include bike, such as route, hybrid, mountain, electric, and fatbike; and running equipment, such as compressport, and on running. It provides mechanics courses, including toolkits. It offers its products to physiotherapists, and occupational therapists, and individuals. The company was founded in 1970 and is based in Repentigny, Canada.

Arsenal Media

Private Equity Round in 2018
Arsenal Media is 15 regional radio stations and 4 re-transmitters across Quebec, an online store, production studios for visual and sound content as well as a dozen information and entertainment platforms.

Incursion Voyages

Debt Financing in 2018
Incursion Voyages is a travel agency that organizes cruises and trips for travellers.

Cisolift

Debt Financing in 2018
Cisolift Distribution Inc. offers new and used lift equipment. It provides tele handlers, boom lifts, scissor lifts, and trailers. Its service includes workshop, parts, mobile service units, and manuals. It offers services to industry, construction, rental centres, and individuals. The company was founded in 2002 and is based in Saint-Germain-de-Grantham, Canada.

Meglab

Private Equity Round in 2017
Meglab is a web platform that collects information related to the location of workers and vehicles in an underground mine.

Congebec

Private Equity Round in 2015
Congebec, Inc. provides refrigerated storage services in Canada and the United States. It offers temperature controlled public storage services, such as freezing and blast freezing, cross-docking, import and export services, sufferance and bonded storage, trichinella treatments, and order preparation and distribution. The company also provides warehouse management, and temperature and control systems. It serves clients in food chain operations, including producers, processors, slaughterhouses, wholesalers, retailers, brokers, carriers, restaurant chains, and government organizations. The company was founded in 1974 and is based in Québec, Canada with locations in Québec, Terrebonne, Boucherville, Sainte-Julie, Montréal, Manseau, Winnipeg, Calgary, Saskatoon and Toronto, Canada.

La Coop fédérée

Venture Round in 2020
La Coop fédérée is an agri-food federation of cooperatives that represent agricultural producers and consumers. It represents more than 60,000 members grouped into close to 70 cooperatives in multiple Canadian provinces. La Coop fédérée employs more than 13,000 employees and has a revenue of $6.3 billion. Its activities are divided into three divisions: Olymel S.E.C (under the Olymel, Flamingo and Lafleur banners, the Agri-business division (under the La Coop, Élite, Agrocentre, Agrico and Agromart banners), and the BMR Group (under the BMR, Unimat and Potvin & Bouchard banners). La Coop fédérée was founded on 1922 and is headquartered in Montreal, Quebec in Canada.

Lithion

Series A in 2022
Lithion is a Company that allows environmentally responsible and economically viable management of lithium-ion batteries.

Cognibox

Private Placement in 2019
Cognibox develops a risk management and contractor compliance software. The company allows searching and selection of potential suppliers or subcontractors, to pre-qualification, evaluation, verification, monitoring and follow-up. It provides consulting, e learning training, file management and follow up, and contractor support. It serves Aerospace, Mining, Metallurgy, Agriculture and Food, and Forest and Paper industry. Cognibox was founded in 1972 and is headquartered in Shawinigan, Canada.

Action 500

Debt Financing in 2018
Operator of recreation and entertainment centers designed to organize sports activities. The company's centers offer karting with fully electric cars, along with a new laser concept, escape games that integrate the intellect with X-Cape games as well as state-of-the-art VIP rooms for groups, enabling gaming enthusiasts to engage in adventurous karting activities.

Nectar Technologies

Seed Round in 2021
Nectar's mission is to ensure the health of honey bees by helping beekeepers apply the right care at the right time through bee-friendly and human technology. They aim to bring bees and beekeepers closer together by enabling communication between two species.w

Big Bang

Private Equity Round in 2018
Big Bang ERP Inc. operates as a boutique consulting company. The company implements cloud enterprise resource planning, customer relationship management, business management software, digital marketing automation and custom application, and application development solutions for businesses to optimize and streamline their processes. It also offers services in the areas of development, migration, integration, support, and training aspects. The company was incorporated in 2013 and is based in Montreal, Canada.

D-BOX Technologies

Private Equity Round in 2007
D-BOX Technologies designs and manufactures motion systems for the entertainment and industrial markets worldwide. The company’s D-BOX Motion Code technology uses motion effects programmed for visual content that are sent to a motion system integrated into a platform, a seat, or other product and results in motion synchronization with on-screen action. It offers D-BOX MFX motion systems, D-BOX servers, and D-BOX transmitters for commercial theatres; motion platforms, systems, and controllers for home theatre submarket; and D-BOX actuators and motion interface to original equipment manufacturers (OEMs). D-BOX Technologies was founded in 1992 and is headquartered in Longueuil, Canada.

CoPower

Venture Round in 2017
CoPower is an online platform that simplifies clean energy investing. We help investors place capital into energy efficiency and renewable energy generation projects that offer solid returns, along with measured environmental impact. Since late 2014, CoPower has placed over $2.5 million in clean energy loans. CoPower is a proud Certified B Corporation. Visit copower.me to learn more.

Edilex

Private Equity Round in 2019
We believe that legal transactions should be simple and accessible, which is why we are committed to making it easier for your organization to draft contracts, calls for tenders or any other legal-related documents trough legal technology.

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.

Daoust

Private Equity Round in 2017
Daoust is expert in ecological cleaning. With over 30 years of experience, customers textiles are treated with care and solvent-free.

Centre Agricole JLD Inc

Private Placement in 2019
Centre Agricole JLD Inc distributes and sells agricultural, commercial, and residential snow removal and construction equipment. The company offers tractors, mowers, self-propelled forage harvesters, combine harvesters, round or square balers, snow blowers, skyscrapers, mini-excavators, compact loaders, lawn tractors, compact utility tractors, and sport utility vehicles for snow removal, landscaping, and residential and commercial maintenance. It also offers used equipment and parts. In addition, the company provides after sales services. The company was founded in 1972 and is based in Laval, Canada. It has additional offices in Saint-Anaclet, Chicoutimi, Saint-Pascal, Saint-Bruno, Carp, Coaticook, Winchester, Sherbrooke, Saint-Isidore, Pike-River, Sainte-Agathe-des-Monts, Ange-Gardien, Saint-Hyacinthe, Mirabel, and Varennes, Canada.

Prana Biovegan Inc.

Private Placement in 2019
Prana Biovegan Inc. produces and markets organic food products. The company offers various nuts, dried fruits, ingredients, seeds, sweet and savory snacks, and trail mix products; and cacao, chia, and coconut products. It sells its products online; and through stores in Canada. The company is headquartered in Montréal, Canada.

Fresche Solutions

Venture Round in 2016
Fresche Solutions Inc., a legacy management company, re-hosts, re-writes, and re-architects business-critical applications. It offers X-Analysis software suite to understand and manage IBM i lifecycle; iModernize to transform existing AS/400 RPG and COBOL applications to Microsoft, .NET, and Java architectures; Speedware business intelligence and development tools; Newlook suite that focuses on IBM i applications by transforming traditional systems; and HP e3000 modernization tools, as well as various consulting and technical support services. The company also provides management and modernization solutions in the areas of planning and analysis, application and database modernization, onsite development and deployment, project management, and ongoing application support. In addition, it focuses on strategy and discovery services, analysis and productivity tools, modernization solutions, and application support services. The company serves customers in Canada and internationally. Fresche Solutions Inc. was formerly known as Fresche Legacy Inc. and changed its name to Fresche Solutions Inc. in April 2017. The company was founded in 1976 and is based in Montreal, Canada with additional offices in Sidney, Canada; Melbourne, Australia; Asheville, North Carolina; Franklin, Massachusetts; Lucknow, India; London, United Kingdom; and Sacramento, California. Fresche Solutions Inc. is a former subsidiary of Speedware Ltd.

Cognibox

Private Equity Round in 2019
Cognibox develops a risk management and contractor compliance software. The company allows searching and selection of potential suppliers or subcontractors, to pre-qualification, evaluation, verification, monitoring and follow-up. It provides consulting, e learning training, file management and follow up, and contractor support. It serves Aerospace, Mining, Metallurgy, Agriculture and Food, and Forest and Paper industry. Cognibox was founded in 1972 and is headquartered in Shawinigan, Canada.

Transtex Composite Inc.

Private Placement in 2018
Transtex Composite Inc. manufactures thermoplastic products for the transportation industry. It offers maximum flex skirts, ultra light and tough doors, and MST scuff bands. The company provides its products for roadway, railway, or aeronautical purposes. Transtex Composite Inc. was founded in 2005 and is based in Montreal, Canada.

Spectra Premium

Venture Round in 2016
Spectra Premium Industries Inc. designs, manufactures, and distributes automotive parts to OEM and aftermarket sectors. Its products include A/C accumulators, A/C compressors, A/C evaporators, charge air coolers, classic car parts, cam and crank angle sensors, cam shaft synchronizers, complete radiators, condensers, cooling fan assemblies, electrical and mechanical fuel pumps, filler necks, fuel injection pumps, fuel pump assemblies, fuel pump strainers, fuel tanks assemblies, fuel tanks, heaters, heavy duty truck radiators, ignition distributors, ignition coils, mass air flow sensors, oil pans, oxygen sensors, and turbochargers. The company markets its products through a distribution network worldwide. Spectra Premium Industries Inc. was founded in 1989 and is based in Boucherville, Canada.

Agropur

Venture Round in 2015
Founded in 1938 in Québec, Agropur dairy cooperative is joining the FoodBytes! family in 2018, bringing 80 years of dairy sector leadership and expertise. Agropur which is amongst the top 20 dairy leader players in the world, never stops innovating and sees innovation as a guiding principle within the organization.

Enerkem

Private Equity Round in 2011
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

Entosystem

Private Placement in 2020
Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy. The company’s ecologically responsible process recycles grocery waste to produce a high value-added insect protein product intended for the animal nutrition market. The Sherbrooke company was founded in 2016 and presently employs 6 people.

DataCandy

Venture Round in 2013
DataCandy is a leading provider of loyalty and gift card programs. Our software works for restaurants, retailers and convenience/petroleum stores of all sizes. DataCandy's multichannel, multilingual, multicurrency platform enables retailers and hospitality merchants to obtain real-time, SKU-based customer and product level information. We opened our doors in 2002, and today the DataCandy platform is used by hundreds of businesses in 6,000+ locations across the US and Canada.

InEdge

Venture Round in 2020
InEdge is a consultancy specialized in Business Intelligence (BI) and Analytics for the Insurance industry. InEdge uses its experience and expertise to help their clients gather and understand large amounts of data from various sources to make real-time decisions in a more cost-effective, efficient, and reliable manner. It aligns its clients’ business strategies while creating their corporate-level programs for implementing Business Intelligence and Analytics. InEdge aslo shares with its clients its Business Intelligence Accelerators; intellectual property assets developed to help significantly decrease implementation time, costs, and risks.

bluenove

Private Equity Round in 2014
Bluenove SAS provides open innovation consulting services for large, small, and medium enterprises. Its services include discovery of innovative partners, the launch and animation of innovation communities, organization of competitions for internal and external ideas, and open data strategy. The company also offers collective intelligence and smart-sourcing services. It serves clients from the business world, public sector, and civil society. The company was founded in 2008 and is based in Boulogne-Billancourt, France.

Cisolift

Private Placement in 2019
Cisolift Distribution Inc. offers new and used lift equipment. It provides tele handlers, boom lifts, scissor lifts, and trailers. Its service includes workshop, parts, mobile service units, and manuals. It offers services to industry, construction, rental centres, and individuals. The company was founded in 2002 and is based in Saint-Germain-de-Grantham, Canada.

Cbci Telecom

Private Equity Round in 2019
Cbci Telecom is a telecommunications video company located in Lachine.

Côté Jardin

Private Equity Round in 2019
Aménagement Côté Jardin is an urban development company working mainly in the commercial, public and institutional sectors.

Energere

Private Equity Round in 2014
Energere is an energy real estate company located in Montreal.

Serrubec

Acquisition in 2020
Serrubec Inc. operates as a wholesale distributor of security hardware. The company's products include locks, padlocks, safes, exit devices, electronic hardware, keys and accessories as well as tools. The company was founded in 1970 and is based in Dorval, Canada. As of December 2, 2012, Serrubec Inc. operates as a subsidiary of Shanahan's Limited Partnership.

Entosystem

Private Placement in 2020
Entosystem uses innovative insect farming technologies to position themselves as a dominant player in the circular agriculture economy. The company’s ecologically responsible process recycles grocery waste to produce a high value-added insect protein product intended for the animal nutrition market. The Sherbrooke company was founded in 2016 and presently employs 6 people.

Atis Group

Merger/Acquisition in 2015
Atis Group operates as a manufacturer and distributor of windows and doors. The group manufactures, distributes and markets a complete range of windows, doors and high performance energy-efficient products for the construction market and for residential and commercial renovations.

Eddyfi

Private Placement in 2020
Eddyfi Technologies, a label designed to maximize the potential of multiple NDT inspection technology brands. The transaction aims to strengthen the group’s position in the oil & gas industry, and brings an additional portfolio of products and technologies to the company.

Ni2

Venture Round in 2007
N(i)² develops and markets technology for the operation and management of information technology (IT) infrastructure and IT service support. It offers a suite of IT infrastructure management applications that share knowledge-based configuration management database (CMDB) platform to identify, catalog, track, optimize, and manage the configuration items. The company offers asset management application for managing IT asset lifecycle according to preset business rules; and rack and connectivity application that optimizes containership of data centers by managing card positioning in chassis and chassis in racks. N(i)² was founded in 2003 and is headquartered in Montreal, Canada.

Embrionix Design

Private Equity Round in 2015
Embrionix is a manufacturer who will help you do your IP transition smoothly and will allow you to bring your infrastructure to a more scalable, format agnostic, power and footprint optimised one with the use of COTS equipment. Embrionix allows you to migrate to IP in steps and provides you with tools to do it efficiently. All your SDI equipment can be directly connected to a Top Of Rack (TOR) switch with the use of our gateway and once you are all IP those gateways can be reconfigured for more advanced IP functionalities like Network Address Translation (NATing) and much more to come. By using Embrionix gateways, you will reduce footprint, power consumption along with less cabling than with any other gateway vendors on the market. Our emSET facilitates the configuration and upgrades of the gateway in a large-scale environment.

Hortau

Private Placement in 2018
Hortau specializes in wireless and web-based irrigation management. Hortau integrates proprietary soil sensing innovations with the latest information technologies to deliver the most advanced irrigation management solutions on the market. Hortau was founded in 2002, by Dr. Jean Caron, Agronomist, Ph.D in Soil Physics and Jocelyn Boudreau, agricultural engineer, M.Sc. in Soil Physics. Their expertise is in Agronomy, Soil Physics and Agricultural Engineering. Improving crop production is their focus.

Cogeco

Post in 2011
Cogeco Cable Inc. (“Cogeco Cable” or the “Corporation”) is a cable telecommunications company with shares listed on the Toronto Stock Exchange (“TSX”) under the symbol CCA. Cogeco Cable builds on its cable distribution base offering Analogue and Digital Television, High Speed Internet and Telephony services. Cogeco Cable is the second largest cable system operator in Ontario, Québec and Portugal in terms of Basic Cable service customers served. Cogeco Cable focuses its attention on the satisfaction of customers’ varied electronic communication needs by investing in state-of-the-art broadband network facilities, delivering a wide range of services over these facilities with great speed and reliability at attractive prices, and striving to provide superior customer care and growing profitability. Corporate Strategies and Objectives Cogeco Cable’s business objectives are all centered on improving profitability, notably operating income before amortization, and creating value for shareholders.

Spectra Premium

Merger/Acquisition in 2016
Spectra Premium Industries Inc. designs, manufactures, and distributes automotive parts to OEM and aftermarket sectors. Its products include A/C accumulators, A/C compressors, A/C evaporators, charge air coolers, classic car parts, cam and crank angle sensors, cam shaft synchronizers, complete radiators, condensers, cooling fan assemblies, electrical and mechanical fuel pumps, filler necks, fuel injection pumps, fuel pump assemblies, fuel pump strainers, fuel tanks assemblies, fuel tanks, heaters, heavy duty truck radiators, ignition distributors, ignition coils, mass air flow sensors, oil pans, oxygen sensors, and turbochargers. The company markets its products through a distribution network worldwide. Spectra Premium Industries Inc. was founded in 1989 and is based in Boucherville, Canada.

BOW

Debt Financing in 2017
Bow Plastics, Ltd. manufactures plastic pipe and fittings for the residential and commercial construction industry in North America. The company offers drainage and pressure plumbing products in various plastic materials; and copper solder and insert fittings for the plumbing market. It also serves professional and do-it-yourself market in Canada, the United States, Central and South America. The company markets its products through sales representatives, distributors, and warehouses. Bow Plastics, Ltd. was founded in 1939 and is based in Montreal, Canada.

Groupe conseil Era inc.

Private Placement in 2018
Groupe conseil Era inc. provides IT consulting and enterprise resource planning software implementation services. The company sells and implements enterprise solutions from Microsoft and Oracle. It implements Microsoft Dynamics NAV and Oracle JD-Edwards. The company caters to manufacturing, distribution, and consulting companies. The company was founded in 2004 and is based in Montreal, Canada.

Taxelco

Venture Round in 2018
Taxelco is to consolidate the interests of the taxi industry to the benefit of its stakeholders and for the citizens of Montreal. With this approach, we can ensure that the economic and social benefits derived from the use of fully electric vehicles, the creation of operational synergies and the efficient use of information technologies will remain in the hands of its constituents. A collaborative and supervised pilot project will start in November 2015 with 50 electric vehicles driving around Montreal. The objective of this project is to optimize the performance of electric vehicles operating as taxis and in Montreal's rigorous weather conditions. This ambitious project will help position Montreal as a green, avant-garde city where public transports are a means to responsible economic and social development, echoing the unique, cultural and innovative personality of its citizens.

Nubik

Debt Financing in 2015
Nubik is a cloud data services marketing automation company located in Montreal.

Mabarex Inc.

Private Placement in 2020
Mabarex Inc. offers wastewater treatment solutions to municipal and private clients. It offers services in the areas of testing and support, upgrades, turnkey projects, operation and monitoring, automation/control, equipment rental, and service and parts. The company serves mining, landfill sites/solid waste, agri-food, commercial/institutional, municipal, first nations, and other industries. The company was founded in 1983 and is based in Montreal, Canada.

Optosecurity

Series B in 2007
Optosecurity Inc. develops and commercializes security products for the transportation and critical infrastructure markets. It offers OptoScreener, an inline checkpoint security system that automatically detects potential threats, such as weapons and weapon parts, as well as identifies dangerous liquids and gels. Optosecurity Inc. was founded as Optobiometrics, Inc. in 2003 and later changed its name to Optosecurity Inc. in June 2004. The company is based in Quebec, Canada.

Baxters Canada Inc.

Merger/Acquisition in 2018
Baxters Canada Inc. produces ready-to-serve soups for customers in Canada. It offers butternut squash and red pepper, chicken and vegetable, carrot and butter bean, lentil and smokey bacon, and potato and leek soups; French onion soups; lobster and seafood bisque; and butternut squash and mascarpone with lima bean, roaster red pepper and feta with black-eyed beans, sun-dried tomato and parmesan with orzo pasta, and sweet potato and chana dhal lentils with chickpeas soups. The company was founded in 1868 and is based in Mississauga, Canada.

Aménagement Côté Jardin Inc.

Private Placement in 2019
Aménagement Côté Jardin Inc. operates as a landscaping company. The company engages in urban planning, civil engineering, green engineering, and building and renovation. It serves mainly the commercial, public, and institutional sectors. Also, the company takes projects, including municipal, commercial, institutional, and special projects. Aménagement Côté Jardin Inc. was founded in 1984 and is based in Montreal, Canada.

Art Massif

Debt Financing in 2019
MASSIVE ART STRUCTURE OF WOOD INC. designs and manufactures glued-laminated timber structures for businesses, restaurants, sporting goods, libraries, houses, and gymnasiums. It offers products, such as glue laminated decking, frames for public and commercial buildings, portico, porch, arbor, carport, and sculpted beam. The company was founded in 2010 and is based in Saint-Jean-Port-Joli, Canada.

GRYB

Debt Financing in 2019
GRYB manufactures attachments for heavy machinery. Its products include buckets, concrete pulverizers, grapples, hydraulic thumbs, electromagnet attachments, and snow scrapers. GRYB also offers on-site turn-key installation services, refurbishment, and on-site repair services. The company caters to construction, excavation, demolition, recycling, handling and snow removal sectors. GRYB was formerly known as Groupe R.Y. Beaudoin Inc. and changed its name to GRYB in 2016. The company was founded in 2007 and is headquartered in Victoriaville, Canada.

H2O Innovation

Post in 2012
H2O Innovation is known for its state of the art water & wastewater treatment systems. Through the years, we have developed a strong knowledge of membrane filtration and a solid understanding of the water industry. This brought us to elaborate a comprehensive offer and provide complete engineering services, in-house manufacturing and thorough after sale service. The progression and maturity of the company naturally led us to erect a second pillar to enrich our business offer: the sale of specialty products and services, including the sale of maple equipment. With this solid business model, H2O Innovation positioned itself as a leader among the major water treatment players and is continuously increasing its market share.

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.

Produits alimentaires L.M. inc.

Private Placement in 2020
Produits alimentaires L.M. inc. processes and produces meat, fish, and seafood products. The company offers pork, beef, sea food, fish, and chicken products. Produits alimentaires L.M. inc. was formerly known as 9416-0637 Quebec inc. and changed its name to Produits alimentaires L.M. inc. in June 2020. The company was founded in 1986 and is based in Lévis, Canada.

Hortau

Venture Round in 2019
Hortau specializes in wireless and web-based irrigation management. Hortau integrates proprietary soil sensing innovations with the latest information technologies to deliver the most advanced irrigation management solutions on the market. Hortau was founded in 2002, by Dr. Jean Caron, Agronomist, Ph.D in Soil Physics and Jocelyn Boudreau, agricultural engineer, M.Sc. in Soil Physics. Their expertise is in Agronomy, Soil Physics and Agricultural Engineering. Improving crop production is their focus.

GRYB

Private Placement in 2019
GRYB manufactures attachments for heavy machinery. Its products include buckets, concrete pulverizers, grapples, hydraulic thumbs, electromagnet attachments, and snow scrapers. GRYB also offers on-site turn-key installation services, refurbishment, and on-site repair services. The company caters to construction, excavation, demolition, recycling, handling and snow removal sectors. GRYB was formerly known as Groupe R.Y. Beaudoin Inc. and changed its name to GRYB in 2016. The company was founded in 2007 and is headquartered in Victoriaville, Canada.

Derco Horticulture

Seed Round in 2018
Derco Horticulture Inc. manufactures and distributes horticulture and garden products. The company's products include gardening tools, equipment for irrigation, lighting, ponds, and landscaping. The company was incorporated in 2017 and is based in Saint-Germain-de-Grantham, Canada.

Av&r

Private Equity Round in 2005
AV&R offers robotic finishing machines (profiling, polishing, deburring), and automated visual inspection to manufacturers of gas turbine engine parts, for both aircraft engines and power generation, and to prosthesis manufacturers.

Eddyfi

Private Equity Round in 2020
Eddyfi Technologies, a label designed to maximize the potential of multiple NDT inspection technology brands. The transaction aims to strengthen the group’s position in the oil & gas industry, and brings an additional portfolio of products and technologies to the company.

Nexio

Venture Round in 2009
Nexio is a leader in the delivery of comprehensive products and services designed to help organizations' facilitate IT governance and compliance. At the heart of their success is experience and innovation. With each client opportunity, they endeavor to help clients move beyond traditional IT approaches and continuously improve their bottom line performance.

Mediabiz

Debt Financing in 2010
Mediabiz offers A) targeted strategy advice to companies in the entertainment industry, especially in the field of finance; B) outsources specialized functions for international film or television productions, namely all financial and legal functions and corporate and strategic development operations; C) creates international mechanisms and financial structures for media groups, equity funds and international banks; D) completes and combines different sources of international financing as well as fund managing.

Enerkem

Private Equity Round in 2018
Enerkem Inc., a development stage company, focuses on the development and production of renewable biofuels and chemicals from waste. The company primarily focuses on the commercial production of cellulosic ethanol. Its proprietary thermochemical process converts waste into biofuels and chemicals. The company has a strategic partnership with NOVA Chemicals Corporation. The company is based in Montreal, Canada.

C. Laganière

Private Equity Round in 2017
Le Groupe C. Laganière Inc. offers soil and water decontamination solutions. The company was founded in 1962 and is headquartered in Montreal, Canada.

InEdge

Venture Round in 2007
InEdge is a consultancy specialized in Business Intelligence (BI) and Analytics for the Insurance industry. InEdge uses its experience and expertise to help their clients gather and understand large amounts of data from various sources to make real-time decisions in a more cost-effective, efficient, and reliable manner. It aligns its clients’ business strategies while creating their corporate-level programs for implementing Business Intelligence and Analytics. InEdge aslo shares with its clients its Business Intelligence Accelerators; intellectual property assets developed to help significantly decrease implementation time, costs, and risks.

Metal 7

Private Equity Round in 2014
Metal 7 designer and maker of equipment for the primary sector. Metal 7specializes in the design and manufacture of high performance equipment for the mining industries and aluminum smelters and it distinguishes itself from the competition by its expertise in engineering and its international sales network.

Carbicrete

Series A in 2022
Carbicrete Inc. offers process, materials, and support services to concrete manufacturers. The company provides technology that enable the production of cement-free, carbon-negative concrete. It licenses the use of its technology to precast concrete manufacturers. Carbicrete Inc. was founded in 2016 and is based in Westmount, Canada.