Acquisition of minority interest $4,000,000
THE INVESTMENT :
Thanks to support from the Capital croissance PME fund, Groupe Alfred Boivin is preparing owner Réjean Boivin’s children to gradually take the helm of this Chicoutimi-area family business.
Nearly 70 years of experience in civil engineering and road transportation projects and services make Groupe Alfred Boivin an industry leader. Offering clients a host of industrial, commercial and residential services through its subsidiaries, Groupe Alfred Boivin is one of Saguenay—Lac-Saint-Jean’s largest employers, with a team of 400. www.alfredboivin.com
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 :
418 543-1718, ext. 288