Parties
Company
Athos Commemorative Services Inc.
Company
Les Espaces Memoria Inc.
On January 26, 2023, Athos Commemorative Services, Quebec's largest private funeral network, acquired Memoria, a leading funeral services provider in the greater Montréal area. Memoria, founded in 1931 and rebranded in 2003 by Jocelyne Dallaire-Légaré, has been a pioneer in Quebec’s funeral industry, offering estate assistance, eco-friendly products, and personalized funeral services. This acquisition allows Athos to integrate Memoria's expertise and further expand its offerings. Jocelyne Dallaire-Légaré and her mother will remain as partners within Athos and continue as directors, with Jocelyne becoming Head of Corporate Social Responsibility.
McCarthy Tétrault advised Athos Commemorative Services in the transaction, while BCF represented the sellers, Les Espaces Memoria Inc., in the sale of their shares to Athos. The exact transaction value was not disclosed.
Deal Type
Merger & AcquisitionIndustry
OtherTransaction
Undisclosed/ConfidentialDeal Status
ClosedClosing Date
26 January 2023