MONTREAL, Feb. 21, 2012 /CNW Telbec/ - As part of their ongoing efforts
to foster Québec's economic vitality, Capital régional et coopératif
Desjardins and the Caisse de dépôt et placement du Québec announced
today that they have jointly granted $12.6 million to
11 Québec companies located in seven Québec regions, namely,
Abitibi-Témiscamingue, Montérégie, Centre-du-Québec,
Capitale-Nationale, Chaudière-Appalaches, Saguenay-Lac-Saint-Jean and
Côte-Nord. These investments bring the total amount invested by the
partners under their agreement to close to $125 million.
According to Marie-Claude Boisvert, Chief Operating Officer of
Desjardins Venture Capital, which manages Capital régional et
coopératif Desjardins, the number of investments made to date attests
to the exceptional quality of the entrepreneurial pool in the regions.
"We have made a commitment to promote and preserve the best of
home-grown entrepreneurship by supporting the true artisans of regional
economic development, and our partnership with the Caisse is perfectly
in line with the achievement of this objective."
Luc Houle, Senior Vice-President, Investments at the Caisse de dépôt et
placement du Québec, said, "These investments not only make it possible
to accomplish a dozen projects across Québec, but they also support the
Caisse's strategy to help successful and promising companies in their
growth, regardless of their size or stage of development. With access
to the vast Desjardins Group network, our agreement will allow us to
have an impact on the operations of many companies."
11 COMPANIES: $12.6 MILLION
Agence de sécurité Mirado inc., Rouyn-Noranda
Mirado is the largest supplier of strategic security services in the
Abitibi-Témiscamingue, Outaouais and Nord-du-Québec regions. The
company, whose head office is located in Rouyn-Noranda, has 200
employees working to meet the needs of its clients in terms of guard
services, security and investigation.
CMAC-Thyssen Mining Group, Val-d'Or
CMAC-Thyssen Mining Group executes mine development and mining operation
contracts, providing turnkey service in addition to placement services.
This investment will enable the Val-d'Or company to continue to grow
following the signing of new contracts.
Propane Nord-Ouest, Val-d'Or
This company specializes in the distribution of bulk propane, as well as
the sale and installation of equipment. Founded in the mid-1990s, today
this Val-d'Or company has over 30 employees.
Pixelweb Télécom inc., Boucherville
Pixelweb Télécom provides specialized IT, Internet and
telecommunications services. This new Boucherville company, founded in
2011, is the outcome of a buyback of Pixelweb assets.
Zone Vue inc., Québec City and Clermont
This company sells eyeglasses, contact lenses and eye care accessories.
In all, nine employees ensure the continued operation of the optometry
clinics in Clermont, in the Charlevoix region, and in Quebec City, in
the Capitale-Nationale region.
Recyc RPM inc., Saint-Damien-de-Buckland
This company, whose head office is located in Saint-Damien-de-Buckland
in the Chaudière-Appalaches region, has been in the plastic recycling
business since it was founded in 1989. With a total of 70 employees,
Recyc RPM inc. specializes in the processing of polymers using various
grinding processes. This investment will serve to expand the
Ultima Fenestration inc., Saint-Georges-de-Beauce
Ultima Fenestration manufactures PVC doors and windows for distributors,
factory-built home manufacturers, contractors and individuals. More
than 50 employees work for the company, which was founded in 2004 in
Saint-Georges-de-Beauce. This investment will serve in part to buy back
Centre de réalisation d'outils innovateurs (CROI), Chicoutimi
CROI has developed an expertise in developing, manufacturing and
modifying workstations, ergonomic seating and industrial cabins. The
company, operating in the Saguenay-Lac-Saint-Jean region since 1998,
has 122 employees. It will use the investment to continue its
Sécurgence inc. / VIP Télécom inc., Baie-Comeau
Sécurgence and VIP Télécom are two Baie-Comeau companies that merged
their operations in July 2011. They provide security, call centre and
telecommunications services to residential and commercial clients. The
Côte-Nord companies have a total of 28 employees.
Gestion P.R.N. Vigneault inc., Havre St-Pierre
Gestion P.R.N. Vigneault inc. is a management company made up of
subsidiaries operating under the Unimat banner, and focued mainly on
providing hardware products and services. This Côte-Nord company
employs some 60 people.
For reasons of confidentiality, the identity of a company cannot be
About the Desjardins and Caisse de dépôt et placement du Québec
In 2010, Desjardins Group and the Caisse announced a $600 million
agreement aimed at supporting the expansion and growth of Québec SMBs.
The agreement includes two distinct components: one for small companies
and another for medium-sized companies.
The first part of the agreement involves a $200-million fund, Capital
croissance PME, to meet the financing needs of small Québec companies,
primarily in the form of subordinated loans of less than $3 million.
Desjardins Venture Capital, a subsidiary of Desjardins Group, is the
exclusive manager of this fund and an equal partner alongside the
Caisse and Capital régional et coopératif Desjardins.
The second part of the partnership involves $400 million for the
financing of leading medium-sized companies with good growth and
About Capital régional et coopératif Desjardins
Capital régional et coopératif Desjardins, this year celebrating its
10th anniversary, is a publicly-traded company managed by Desjardins
Venture Capital. With close to 107,000 shareholders and net assets of
$1,220.4 million, the Company contributes to Québec's economic
development while driving the growth of cooperatives and the resource
regions. Capital régional et coopératif Desjardins directly and
indirectly supports close to 300 companies, cooperatives and funds in
various industries spanning all regions in Quebec. (www.capitalregional.com)
About the Caisse de dépôt et placement du Québec
The Caisse de dépôt et placement du Québec is a financial institution
that manages funds primarily for public and private pension and
insurance plans. At December 31, 2010, it held $151.7 billion of net
assets. As one of the leading institutional fund managers in Canada,
the Caisse invests in the main financial markets as well as in private
equity and real estate. For more information: www.lacaisse.com.
About Desjardins Group
Desjardins Group www.desjardins.com is the leading cooperative financial group in Canada with assets of
nearly $190 billion. Drawing on the strength of its caisse network in
Québec and Ontario, and its subsidiaries across Canada, it offers a
full range of financial products and services to its 5.8 million
members and clients. Desjardins specializes in Wealth Management and
Life and Health Insurance, in Property and Casualty Insurance, in
Personal Services, in Business and Institutional Services. As one of
the largest employers in the country and among Canada's Top 100 Employers for 2012TM, Desjardins is supported by the skills of its 43,600 employees and the
commitment of nearly 6,000 elected officers. A new education and
cooperation program is now available to Desjardins members and the
general public. For more information, visit www.desjardins.com/co-opme.
SOURCE CAPITAL REGIONAL ET COOPERATIF DESJARDINS
For further information:
(for journalists only):
514-281-7275 or 1-866-866-7000, extension 7275
Caisse de dépôt et placement du Québec
Senior Director, Media Relations