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Canadian middle-market opportunities, helping business, priding itself on its strong roots in the
companies accelerate their growth trajectory) in province and close ties with its customers and
an ambitious plan to increase market share and their needs. By partnering with Sagard, another
position the group as a major player across the Quebec-based company, that culture will only be
country by 2030. strengthened, especially while expanding to regions
in Ontario and Manitoba.
LOU-TEC’s track record of growth in a highly
dynamic marketplace made it a natural fit with “We wanted to partner with a company that not only
Sagard, whose capital investment will propel LOU- had the financial capacity to support ourgrowth, but
TEC’s current market presence and act as a bridge to find the partner that is aligned with our business
to new territory. LOU-TEC will also augment its plan” says Dallaire. “We’re a really proud of the new
product offerings to further establish its leadership partnership. It is great news for our employees,
in the Canadian equipment rental market. suppliers, and clients. In addition to the new capital
injection, with Sagard experience team, and value
Dallaire says the partnership with Sagard is a added ecosystem, it will help LOU-TEC achieve
natural fit, not only economically, but culturally. its goal to become a national leader in the highly
LOU-TEC has always been a proudly Quebecois competitive Canadian rental industry.”
10 OCT 2021 | BUSINESS ELITE CANADA
