Desjardins joins strategic investment in reorganizing Solotech
Montréal-based Solotech has received an undisclosed strategic investment from Claridge, the investment firm of the Bronfmans, Capital régional et coopératif Desjardins, a fund managed by Canadian private equity firm Desjardins Capital de risque, and Investissement Québec. The company, a provider of audio, video, lighting and other solutions to festivals, television shows and corporate events, will use the new funds to reorganize its share ownership, following the departure of a Québec institutional investor and Solotech co-president Denis Lefrançois. Investment proceeds will also support plans for expansion, through organic growth and acquisitions.
28 October 2013•3 mins read
