Fondaction

Fondaction is a Montreal-based investment firm established in 1996, specializing in both direct and fund of fund investments, primarily in small and medium-sized enterprises across various sectors, with a strong emphasis on clean energy and agri-food. The firm engages in private equity and venture capital investments, targeting companies at various stages, including seed, startup, and later-stage transactions, primarily within Quebec. Fondaction's direct investments range from CAD 0.5 million to CAD 10 million, while fund investments typically fall between CAD 0.5 million and CAD 75 million per transaction. With a commitment to socially responsible finance, Fondaction integrates sustainable development principles into its investment strategy, supporting over 1,050 SMEs and contributing to job creation in the region. The organization manages assets exceeding one billion dollars, derived from retirement savings of more than 131,000 shareholders. Fondaction is recognized for its transparency in sustainable development practices and compliance with international reporting standards.

Éric Baron

Portfolio Manager

Marc Benoît

Portfolio Director

Marc-André Binette

Deputy Head, Real estate, Funds and Co-Investments

Claire Bisson

Deputy Chief Investment Officer

Geneviève Bouthillier

Deputy Chief investment Officer

Richard Buies

Portfolio Director

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

Past deals in 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.

La Coop fédérée

Venture Round in 2019
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.

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.

Brandon Manufacturing

Private Equity Round in 2017
Brandon Manufacturing Inc., based in Saint-Gabriel-de-Brandon, Canada, specializes in the manufacturing of dump trucks and replacement trailers. Founded in 1985, the company originally started as a small family-owned welding facility and has since grown to employ nearly 100 people. Brandon Manufacturing produces a diverse range of products, including hook lift bodies, trailer tubs, and custom-made bodies, as well as various truck parts such as mounting kits, hydraulic tanks, hoists, and accessories. The company serves sectors including municipalities and disaster relief, catering to a wide array of market needs.

Telecon

Private Equity Round in 2015
Telecon Group, based in Trois-Rivières, Québec, offers engineering, design, construction, and implementation services for both wireless and wireline telecommunications networks. The company operates primarily in major urban centers across Québec and Ontario, catering to a diverse clientele that includes prominent players in the telephony, cable, and Internet service sectors, as well as communication network operators. With a workforce of 1,140 employees, the majority based in Québec, Telecon specializes in various aspects of telecommunications, including the installation and maintenance of networks, as well as the engineering and advisory services related to underground utilities and cable systems.

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.

Paraxion

Venture Round in 2009
Paraxion is the largest private company operating in the pre-hospital emergency services sector in Quebec. Paraxion from the merger between Groupe Radisson and Ambulances Porlier inc. - Porlier ambulance services ltée.