Desjardins Capital régional coopératif http://capitalregional.com/en To value and nurture the best of Québec entrepreneurship Thu, 15 Feb 2018 17:05:39 +0000 en-US hourly 1 http://capitalregional.com/wp-content/uploads/2015/11/cropped-desjardins-32x32.jpg Desjardins Capital régional coopératif http://capitalregional.com/en 32 32 CRCD generated a return of 6.4% in 2017 http://capitalregional.com/en/crcd-return-in-2017-20180215/ Thu, 15 Feb 2018 17:04:12 +0000 http://capitalregional.com/en/?p=13120 Proud to contribute to the economic development of all regions across Québec Highlights as at December 31, 2017 Share price: $14.09, up $0.83 compared with $13.26 as at December 31,

Cet article CRCD generated a return of 6.4% in 2017 est apparu en premier sur Desjardins Capital régional coopératif.

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Proud to contribute to the economic development of all regions across Québec

Highlights as at December 31, 2017

  • Share price: $14.09, up $0.83 compared with $13.26 as at December 31, 2016
  • Net earnings: $112.8 million
  • Annual return: 6.4%
  • Net assets: $1,945.3 million
  • Amounts committed by CRCD and its partner funds: $1,076 million in 450 SMEs and cooperatives
  • Solid return of the Investments impacting the Québec economy portfolio: 12.7%

Montréal – Capital régional et coopératif Desjardins (CRCD) announced that its share price has increased by $0.83 to $14.09, compared with the price a year earlier. CRCD generated net earnings of $112.8 million in 2017 for an annual return of 6.4%. These results stem primarily from Investments impacting the Québec economy and also from Other investments, which generated returns of 12.7% and 4.2%, respectively. Over seven years, the minimum holding period for shares of CRCD, the compounded return of the share is 5.2%[i] — and that’s on top of the income tax credit claimed on purchase.

CRCD’s net assets stood at $1,945.3 million as at December 31, 2017, up 8.7% compared with the previous year.

Our mission: value, support and nurture businesses and cooperatives across Québec

As at December 31, 2017, CRCD and its partner funds had commitments of $1,076 million in 450 companies, cooperatives and funds, contributing to the creation and retention of some 67,000 jobs. Of these companies, 74% were located in administrative regions other than Montréal and Capitale-Nationale and represent total assistance of $599 million. Furthermore, 18 cooperatives received commitments totalling $196 million.

“As CRCD’s manager, we’re constantly on the lookout for innovative means to better support our entrepreneurs, and the partnership with Desjardins Private Wealth Management (DPWM) entered into in fall 2017 is a reflection of this ambition. It extends CRCD’s mission by allowing its shareholders and DPWM’s clients to join forces and offer patient capital for supporting growth in businesses across Québec,” stated Luc Ménard, Chief Operating Officer, Desjardins Capital.

Investors once again demonstrate their support for growth in regional businesses

Last fall, pre-subscription applications exceeded the maximum authorized amount of $135 million for the 2017 issue. All available shares were allocated to investors selected under the established process. During fiscal 2017, share redemptions totalled $89.3 million compared with $70.4 million in 2016.

The pre-subscription details for the 2018 issue will be announced in a press release at a later date.

 

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Information:

For journalists only
Richard Lacasse
Capital régional et coopératif Desjardins
418 835-8444 or 1 866 835-8444, ext. 5563163
media@desjardins.com

For investors
Shareholder Services
1 888 522-3222


[i]
The share’s compound returns were 6.3% over one year, 5.3% over three years, 4.2% over five years and 3.6% over ten years. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all dividends or distributions and do not take into account any income taxes payable by any shareholder that would have reduced returns. The CRCD shares are not guaranteed, their value fluctuates and their past performance is not indicative of their future returns.

Cet article CRCD generated a return of 6.4% in 2017 est apparu en premier sur Desjardins Capital régional coopératif.

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Appointment of Joe Couto on the Board of directors of Solutions Interactives de validation 88 (Pivot 88) http://capitalregional.com/en/pivot-88-nomination-jcouto-20171101/ Wed, 01 Nov 2017 14:47:25 +0000 http://capitalregional.com/en/?p=12937 We are pleased to announce the appointment of Joe Couto as Director of the Board of Solutions Interactives de validation 88 (Pivot 88) inc. Interactive Validated Solutions 88 Inc. is a Québec company

Cet article Appointment of Joe Couto on the Board of directors of Solutions Interactives de validation 88 (Pivot 88) est apparu en premier sur Desjardins Capital régional coopératif.

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We are pleased to announce the appointment of Joe Couto as Director of the Board of Solutions Interactives de validation 88 (Pivot 88) inc.

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Pivot88-Logo

Interactive Validated Solutions 88 Inc. is a Québec company founded in 2009, specializing in the implementation and development of virtual monitoring solutions. The company developed Pivot 88, a technology platform that ensures quality management across a variety of processes in remote sourced production environments.

Cet article Appointment of Joe Couto on the Board of directors of Solutions Interactives de validation 88 (Pivot 88) est apparu en premier sur Desjardins Capital régional coopératif.

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Public listing $125,000 http://capitalregional.com/en/harfang-exploration-20171025/ Wed, 25 Oct 2017 12:00:14 +0000 http://capitalregional.com/en/?p=13005 THE INVESTMENT : The Capital croissance PME fund is providing support to Harfang Exploration, which merged with RedQuest Capital, in connection with its public listing. THE COMPANY : Founded in Montréal in

Cet article Public listing $125,000 est apparu en premier sur Desjardins Capital régional coopératif.

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THE INVESTMENT :

The Capital croissance PME fund is providing support to Harfang Exploration, which merged with RedQuest Capital, in connection with its public listing.

Logo Harfang Exploration

THE COMPANY :

Founded in Montréal in 2017, Harfang Exploration is a junior mining company whose primary mission is to discover new gold deposits in Québec. It is mainly active in the Nord‑du-Québec region. www.harfangexploration.com 

Logo CCPME (sans descripteur) FR
CAPITAL CROISSANCE PME II :

Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com

INVESTMENT MANAGEMENT TEAM :

Marco Gaignard
Investment Manager
819 825-2843, ext. 7252226
marco.gaignard@dcrdesjardins.com
Christian Goulet
Investment Manager
819 762-0966, ext. 7012312
christian.goulet@dcrdesjardins.com
André Perron
Vice-President, Equity
514 281-7191
andre.perron@dcrdesjardins.com

 

Sylvain Dupuis
Managing Vice-President, Investments
514 281-8612
sylvain.dupuis@dcrdesjardins.com

Cet article Public listing $125,000 est apparu en premier sur Desjardins Capital régional coopératif.

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Business succession or transfer : $1,000,000 http://capitalregional.com/en/multiforme-metal-20171017/ Tue, 17 Oct 2017 12:00:29 +0000 http://capitalregional.com/en/?p=12962 THE INVESTMENT : With support from the Capital croissance PME fund, Kristel Miville and Jonathan Gobeil have taken up the reins of Multiforme Métal to ensure the company’s long-term sustainability. THE

Cet article Business succession or transfer : $1,000,000 est apparu en premier sur Desjardins Capital régional coopératif.

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THE INVESTMENT :

With support from the Capital croissance PME fund, Kristel Miville and Jonathan Gobeil have taken up the reins of Multiforme Métal to ensure the company’s long-term sustainability.

Logo Multiforme Métal

THE COMPANY :

Founded in 1986, Multiforme Métal designs, manufactures and installs laundry and garbage chutes, trash compactors, containers, bailers and other related products for the residential and industrial markets. The company has 13 employees at its Rivière-des-Prairies plant in Eastern Montréal. www.multiforme-metal.com 

Logo CCPME (sans descripteur) FR
CAPITAL CROISSANCE PME II:

Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com

INVESTMENT MANAGEMENT TEAM :

Éric Krause
Investment Manager
514 281-7808
eric.krause@dcrdesjardins.com
Jean-François Dion
Associate Vice-President
819 821-3220, ext. 7212003
jean-francois.dion@dcrdesjardins.com
Denis Desjardins
Vice-President, Subordinated Debt, Southern and Western Quebec
514 281-7138
denis.desjardins@dcrdesjardins.com
Sylvain Dupuis
Managing Vice-President, Investments
514 281-8612
sylvain.dupuis@dcrdesjardins.com

Cet article Business succession or transfer : $1,000,000 est apparu en premier sur Desjardins Capital régional coopératif.

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Transfer $850,000 http://capitalregional.com/en/transport-st-agapit-20171006/ Fri, 06 Oct 2017 12:30:01 +0000 http://capitalregional.com/en/?p=12901 THE INVESTMENT : With support from the Capital croissance PME fund, the Kearney brothers will become the new owners of the Transport division of the business. To ensure a smooth transfer,

Cet article Transfer $850,000 est apparu en premier sur Desjardins Capital régional coopératif.

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THE INVESTMENT :

With support from the Capital croissance PME fund, the Kearney brothers will become the new owners of the Transport division of the business. To ensure a smooth transfer, Mr. Bernier, the previous owner, will share his knowledge with the buyers while serving as coach for a period of time.

Logo Transport St Agapit

THE COMPANY :

Founded in 1998, Transport St-Agapit is a dedicated truck transportation business with 18 employees specializing in the window and door industry. 

Logo CCPME (sans descripteur) FR
CAPITAL CROISSANCE PME II :

Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com

INVESTMENT MANAGEMENT TEAM :

Andrée Bélanger
Investment Manager
418 654-2006, ext. 5562399
andree.belanger@dcrdesjardins.com
Michel Leclerc
Vice-President Northen and Eastern Quebec, Subordinated Debt
418 723-4794, ext. 7153245
michel.leclerc@dcrdesjardins.com
Sylvain Dupuis
Managing Vice-President, Investments
514 281-8612
sylvain.dupuis@dcrdesjardins.com

Cet article Transfer $850,000 est apparu en premier sur Desjardins Capital régional coopératif.

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Demand for shares of Capital régional et coopératif Desjardins has once again outstripped the $135 million issue limit http://capitalregional.com/en/presouscription-20171002/ Mon, 02 Oct 2017 15:56:16 +0000 http://capitalregional.com/en/?p=12872 As a result, investors who can purchase shares were selected at randomthis morning from among those who completed the online form Montréal – “The continued interest in Capital régional et

Cet article Demand for shares of Capital régional et coopératif Desjardins has once again outstripped the $135 million issue limit est apparu en premier sur Desjardins Capital régional coopératif.

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As a result, investors who can purchase shares were selected at randomthis morning from among those who completed the online form

Montréal – “The continued interest in Capital régional et coopératif Desjardins (CRCD) shares is great news for our SMEs. We’ll be able to forge ahead in our work to value and nurture Québec entrepreneurship with our portfolio of some 430 flagship Québec companies, including over 140 in the resource regions.”

Luc Ménard, Chief Operating Officer of Desjardins Business Capital régional et coopératif, welcomed the results of the presubscription requests for CRCD shares that were made between September 5 and 25. All in all, shares in an amount of $161,666,400 were spoken for by 55,306 Québec investors, for an average of $2,923 per shareholder.

Demand for shares $26.7 million above the limit authorized by the Québec government

Demand for shares outstripped the 2017 authorized limit by $26.7 million, whereas it exceeded the 2016 authorized limit by approximately $9.4 million. The Québec government has authorized CRCD to issue $135 million in shares annually for 2016 and 2017 and set the provincial tax credit rate at 40%.

46,154 investors selected at random

In accordance with the terms of the offering prospectus approved by the Autorité des marchés financiers, investors who can purchase shares were selected at random at 8:30 a.m. today from among those who completed the secure online form. The selection was supervised by the Desjardins Group Monitoring Office. The probability of being selected at random was the same for all investors.

The 46,154 investors selected at random will be offered an appointment at their chosen caisse between October 10, 2017 and November 24, 2017 to make a formal application for subscription and verify if the product is suited to their situation. Appointments are not transferable, meaning that investors cannot offer their appointment to another individual, such as their spouse. The lists of investors selected will be communicated to the caisses during the next few days. Investors who were not selected will be informed by letter or email starting on October 10.

If any selected investors do not complete a share purchase, the next investors on today’s randomly established list will be contacted as of December 4, 2017 until the authorized issue limit is fully reached.

Driving the growth of SMEs and cooperatives across Québec

During the first six months of 2017, new commitments of $110 million were authorized by CRCD and its partner funds in 62 companies and cooperatives, including 26 located in resource regions.

About Capital régional et coopératif Desjardins

With more than 101,000 shareholders, Capital régional et coopératif Desjardins (CRCD) is a public company with $1,811 million in net assets. CRCD contributes to Québec economic development through several levers developed with its manager, Desjardins Business Capital régional et coopératif. These levers, with CRCD as the driving force, form its entrepreneurial ecosystem designed to value and nurture the best of Québec entrepreneurship. CRCD supports the growth of over 430 businesses, cooperatives and funds in various industries spanning all Québec regions, helping to create and retain 68,800 jobs. (www.capitalregional.com)

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Information:

For journalists only
Richard Lacasse
Capital régional et coopératif Desjardins
418-835-8444 or 1-866-835-8444, ext. 556 3163
media@desjardins.com

For investors
Shareholder Services
1-888-522-3222

Cet article Demand for shares of Capital régional et coopératif Desjardins has once again outstripped the $135 million issue limit est apparu en premier sur Desjardins Capital régional coopératif.

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Appointment of Gérard Tardif on the Board of directors of 360 Agency http://capitalregional.com/en/360-agency-appointment-gtardif-20171002/ Mon, 02 Oct 2017 12:30:56 +0000 http://capitalregional.com/en/?p=12761 We are pleased to announce the appointment of Gérard Tardif as Director of the Board of 360 Agency. Founded by Louis-Yves Cloutier and Daniel Martin in 2010, 360 Agency (former Solutions Medias

Cet article Appointment of Gérard Tardif on the Board of directors of 360 Agency est apparu en premier sur Desjardins Capital régional coopératif.

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We are pleased to announce the appointment of Gérard Tardif as Director of the Board of 360 Agency.

Photo - Tardif, Gérard 2016360AGENCY_109822_HV30X096-N°6

Founded by Louis-Yves Cloutier and Daniel Martin in 2010, 360 Agency (former Solutions Medias 360) is a fast-growing young Montréal business specializing in the development of digital products and services for the automobile and media industries. The Montréal-based company, which is home to over 125 seasoned employees, stands apart from the competition by offering fully integrated e-commerce solutions, from advertising to the sale of a vehicle..

Cet article Appointment of Gérard Tardif on the Board of directors of 360 Agency est apparu en premier sur Desjardins Capital régional coopératif.

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Survol et prévisions économiques : Région administrative de la Capitale Nationale (in French only) http://capitalregional.com/en/etudes-economiques-20170920/ Wed, 20 Sep 2017 19:33:22 +0000 http://capitalregional.com/en/?p=12864 L’économie de la Capitale-Nationale sera en expansion en 2017 et en 2018. Au cours de cette période, la progression de son PIB nominal restera un peu moins rapide qu’au niveau

Cet article Survol et prévisions économiques : Région administrative de la Capitale Nationale (in French only) est apparu en premier sur Desjardins Capital régional coopératif.

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  • L’économie de la Capitale-Nationale sera en expansion en 2017 et en 2018. Au cours de cette période, la progression de son PIB nominal restera un peu moins rapide qu’au niveau provincial.
  • La majeure partie de la croissance économique de la région proviendra du secteur des services, notamment des filières technologiques, de la santé et du tourisme, où plusieurs développements sont en cours ou en élaboration.
  • Parmi les projets d’envergure qui supporteront aussi l’économie d’ici 2018, il y a la construction de l’Hôpital de Baie-Saint-Paul (270 M$) et du mégahôpital de l’Enfant-Jésus (2,0 G$) ainsi que l’élargissement de la portion nord de l’autoroute Henri-IV (500 M$).
  • >> Lire le document complet

    Cet article Survol et prévisions économiques : Région administrative de la Capitale Nationale (in French only) est apparu en premier sur Desjardins Capital régional coopératif.

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    Acquisition of Résidence du Vieux Longueuil $1,830,000 http://capitalregional.com/en/groupe-shemie-20170918/ Fri, 15 Sep 2017 19:24:00 +0000 http://capitalregional.com/en/?p=12616 THE INVESTMENT : With support from Capital croissance PME II and Desjardins Business, Groupe Shemie has acquired Résidence du Vieux Longueuil, a 43-bed intermediate care facility. THE SOCIETY: Groupe Shemie provides

    Cet article Acquisition of Résidence du Vieux Longueuil $1,830,000 est apparu en premier sur Desjardins Capital régional coopératif.

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    THE INVESTMENT :

    With support from Capital croissance PME II and Desjardins Business, Groupe Shemie has acquired Résidence du Vieux Longueuil, a 43-bed intermediate care facility.

    Logo Groupe Shemie PC

    THE SOCIETY:

    Groupe Shemie provides a safe, comfortable and stimulating living environment to nearly 300 seniors with decreasing autonomy in the Laurentides, Montérégie and Montréal South Shore regions. The company owns seven intermediate care residences employing some 260 dedicated employees.

    Logo CCPME (sans descripteur) FR
    CAPITAL CROISSANCE PME II :

    Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com

    INVESTMENT MANAGEMENT TEAM :

    Jean-Philippe Coiteux
    Investment Manager
    450 978-2250, ext. 7302242
    jean-philippe.coiteux@dcrdesjardins.com
    Yanick Normand
    Investment Manager
    514 281-7489
    yanick.normand@dcrdesjardins.com
    Denis Desjardins
    Vice-President, Subordinated Debt, Southern and Western Quebec
    514 281-7138
    denis.desjardins@dcrdesjardins.com

     

    Sylvain Dupuis
    Managing Vice-President, Investments
    514 281-8612
    sylvain.dupuis@dcrdesjardins.com

    Cet article Acquisition of Résidence du Vieux Longueuil $1,830,000 est apparu en premier sur Desjardins Capital régional coopératif.

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    Buyout $700,000 http://capitalregional.com/en/maison-des-viandes-20170911/ Mon, 11 Sep 2017 12:00:36 +0000 http://capitalregional.com/en/?p=12570 THE INVESTMENT : With the support of Capital croissance PME, Mr. Tremblay passed the reins to Mr. Bradley, who turned his dream into reality, becoming a shareholder and the company’s General Manager. The transaction

    Cet article Buyout $700,000 est apparu en premier sur Desjardins Capital régional coopératif.

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    THE INVESTMENT :

    With the support of Capital croissance PME, Mr. Tremblay passed the reins to Mr. Bradley, who turned his dream into reality, becoming a shareholder and the company’s General Manager. The transaction also allowed Ms. Tremblay and Mr. Riendeau to increase their share ownership after many years of dedication and hard work.

    Logo Maison des Viandes

    THE COMPANY :

    Founded in 1983, La Maison des Viandes is a specialty butcher in Rouyn-Noranda offering customers a variety of meats and prepared meals in addition to supplying restaurants, grocery stores and a varied clientele in the area. The company is home to some 40 employees. www.maisondesviandes.ca 


    Logo CCPME (sans descripteur) FR
    CAPITAL CROISSANCE PME II :

    Capital croissance PME, the combined strength of Capital régional et coopératif Desjardins and the Caisse de dépôt et placement du Québec, is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million. www.capitalcroissancepme.com

    INVESTMENT MANAGEMENT TEAM :

    Christian Goulet
    Investment Manager
    819 762-0966, ext. 7012312
    christian.goulet@dcrdesjardins.com
    Marco Gaignard
    Investment Manager
    819 825-2843, ext. 7252226
    marco.gaignard@dcrdesjardins.com
    Jean Langevin
    Associate Vice-president
    819 376-4000, ext. 7020553
    jean.langevin@dcrdesjardins.com

     

    Sylvain Dupuis
    Managing Vice-President, Investment
    514 281-8612
    sylvain.dupuis@dcrdesjardins.com

     

    Cet article Buyout $700,000 est apparu en premier sur Desjardins Capital régional coopératif.

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