BDC, Desjardins invest $3.4 mln in acquisition of Pit Caribou
BDC Capital and Desjardins Capital have invested $3.4 million in the acquisition of the Pit Caribou microbrewery located in L'Anse‑à‑Beaufils in the Gaspé region of Québec. The acquisition, also backed by Investissement Québec, was made by entrepreneurs Vincent Coderre and Jean‑François Nellis. Terms weren't disclosed. Established in 2007, Pit Caribou produces craft beers and operates pubs in Percé and Montréal. Co-founder Francis Joncas will remain with the company for the next three years. BDC invested through its Growth and Transition Capital group. Desjardins Capital is the investment arm of Canadian financial co-operative Desjardins Group.
10 July 2019•3 mins read
