Québec investors partner in acquisition of ATIS Group
Fonds de solidarité FTQ, Capital régional et coopératif Desjardins and Fondaction CSN have joined forces to acquire ATIS Group, a manufacturer of doors and windows based in Longueuil, Québec. The acquisition's value was not published. The deal was done in partnership with company management, including Robert Doyon, who will stay on as president and CEO. Atis, which was formerly backed by U.S. private equity firm Cyprium Partners, said the new partnership will support its recently launched five-year strategic growth plan. Founded in 2004 with the acquisition of Laflamme Doors and Windows and Solarcan Doors and Windows, Atis reports having $200 million in revenue.
26 February 2015•4 mins read
