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.

Daniel Charron

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

Isabelle Lechasseur

Portfolio Director, CoInvestments

Caroline Senneville

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

Past deals in Home Decor

Finitec

Venture Round in 2019
Groupe Finitec is a manufacturer that develops, produces, and markets a diverse range of flooring accessories aimed at enhancing and restoring floors. Their product offerings include acoustics, adhesives, varnishes, and cleaning solutions, alongside tools for finishing and restoration. Additionally, they provide ventilation grilles, contributing to comprehensive floor maintenance. The company distributes its products through a wide network of retail channels, including hardware stores, paint shops, and specialized wooden flooring outlets, as well as online platforms, ensuring accessibility to a broad customer base.

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.

Marsolais

Private Equity Round in 2018
Distributor of flowers and florist accessories based in Anjou, Canada. The company offers a variety of cut flowers, tropical plants, flowering plants, pots and other accessories to professionals in the ornamental horticulture sector.

G2MC

Private Equity Round in 2018
G2MC Group brings together the Jardin de Ville, Maison Corbeil, La Galerie du Meuble and MUST banners.

Colonial Elegance

Private Equity Round in 2017
Designer and manufacturer of home décor products headquartered in Montreal, Canada. The company offers products including sliding, folding, closet and barn doors and stair parts to retail and commercial clients.

Marie Saint Pierre

Private Equity Round in 2016
Designer and manufacturer of fashion apparel and accessories intended for women across North America. The company offers a wide collection of products including dresses, tops, perfumes, leather goods and accessories through its stores, retailers and online presence, ensuring its customers get products that promote craftsmanship, function and expression effectively.

Groupe Focus

Debt Financing in 2014
Groupe Focus is a leader in the planning of business environments specializing in the distribution and installation of high-end office furniture and architectural solutions.
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