Terrebonne, September 8, 2021 – LOU-TEC Group Inc. announces the closing of a transaction and the establishment of a new financial partnership.
Sagard Private Equity Canada (hereinafter “Sagard”), with the support of the management and current shareholders of the LOU-TEC Group, led this investment by partnering with Walter Capital Partners, Investissement Québec and BDC Capital.
It is a new era that is dawning for LOU-TEC Group. The significant contribution of new capital combined with the extended contact network of Sagard and other financial partners, the renewed commitment of our shareholders and all the talent of our team dedicated to our mission of filling more clients every day, will allow us to achieve our ambitious growth plans, increase our market share and achieve our common goal of positioning ourselves as a major player across the country by 2030.
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Sagard Press Release: http://www.newswire.ca/en/releases/archive/September2021/08/c2302.html