Fonds de solidarité FTQ commits $12 mln to Fresche acquisition

The Fonds de solidarité FTQ and the Fonds régionaux de solidarité FTQ have invested about $12 million (US$10 million) in support of Fresche Legacy's acquisition of Quadrant LLC, a U.S. provider of digital document distribution and modernization software. The previously-announced deal also saw investments from Fondaction CSN and Bank of Montreal. Fresche, a Montréal-based life-cycle modernization company, secured $7.8 million in financing from the Fonds last December.

9 June 2016•2 mins read
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