Parties
Company
ANGUS Capital
Company
Groupe Alpha-Vico
On December 1, 2023, six months after its launch, ANGUS Capital, a private equity fund specializing in acquiring Quebec-based SMEs in traditional sectors, completed its first transaction with the acquisition of Groupe Alpha-Vico in December 2023. The transaction led to the transfer of all Groupe Alpha-Vico shares to ANGUS Capital and Christian Roy, who became President of the company.
Groupe Alpha-Vico, located in Farnham, is Quebec's only manufacturer of school furniture and a leader in Canada's industry. Founded over 40 years ago by Louis Berthiaume and his sons, Gilles and Pierre, the company employs around 140 people across four plants. Gilles Berthiaume, the long-time President, continued his involvement post-acquisition.
Dev A. Coossa, Cofounder & Managing Partner of ANGUS Capital, emphasized the fund's vision to create value for traditional sector companies and ensure Groupe Alpha-Vico's growth and market expansion beyond Quebec. Nicolas Pinto, Cofounder & Partner, highlighted the integration of Christian Roy, with over 15 years of experience in the furniture manufacturing and distribution sector, as a partner-operator to achieve sustainable growth and preserve the entrepreneurial spirit of the company's founders.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
01 December 2023