MONTREAL, Sept. 21 /CNW Telbec/ - SYSTEMEX COMMUNICATIONS INC.
("Systemex") an enterprise specialized in rendering infrastructure and
maintenance services to cable and telecommunication companies announced the
signing of a definitive agreement for the acquisition of LIGNES ROMARC INC.
("Romarc"). Under the terms of the agreement, Systemex will acquire
100 percent of the shares of Romarc, a privately held company founded in 1982
by Clément Marcoux.
The terms of the deal were not disclosed. Synergis Capital Inc., a
Montreal based investment banking firm and exclusive Canadian partner of
Global M&A, served as the sole M&A advisor to Systemex.
Under the terms of the agreement, Mr. Marcoux will continue to be
involved in the day to day work of Romarc, remaining in charge of construction
"This is a great acquisition for Systemex as Romarc fits in well with our
vision of bringing a progressive business model to the sector", said Systemex
President Gaston Dandurand. "Following our rapid expansion Romarc provides a
depth of experience that will consolidate our strength in the field and extend
our service offering to clients".
Romarc was founded in 1982 by Clement Marcoux. Over the years, Romarc
became a reputed contractor as an effective communications and cable lines
constructor. The company operates a fleet of 60 well equipped vehicles and has
more than 70 employees. Romarc operates in the Montreal and the Sherbrooke
area, servicing the needs of its clientele based in the Eastern Townships
region. Over the years, Romarc has developed very specific, added-value
expertise in the deployment of cable and communications networks.
Systemex was created in 2005 by Gaston Dandurand and Serge Tousignant,
president of Dawco Inc., an electrical contractor specialised in large
industrial projects, automation and process controls. Systemex rapidly became
an important supplier of services for cable companies with clients such as
Videotron. Prior to the transaction with Romarc it had 90 specialised
About Synergis Capital
Synergis Capital is a Montreal-based investment banking firm that
delivers M&A advisory services to small and mid-sized clients across Canada.
For more information, please visit www.synergiscapital.com
For further information:
For further information: Gaston Dandurand, president, Systemex
Communications Inc., (514) 738-3033