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Recent Cases Jul 8, 2022

Groupe Soucy and JLD-Laguë, Supported by Champlain Financial Corporation, Complete the Acquisition of Location Sauvageau and Location Légaré

Groupe Soucy, an important Ford and Lincoln car dealership in Québec and manager of long-term commercial and luxury vehicle leasing portfolios, and JLD-Laguë, a Champlain Financial Corporation portfolio company and a leading Canadian equipment and truck dealership network established in Québec and Eastern Ontario (the “Aquiring Group”), have recently completed the acquisition of Location Sauvageau and Location Légaré, leading providers of short- and medium-term vehicle rentals for commercial and institutional clients in the province of Québec.

As a result of this transaction, the Acquiring group now owns a diversified fleet of more than 3,800 utility vehicles mainly used for work, including pickup trucks, cube & cargo trucks, SUVs, passenger vans & cars as well as trailers, ATVs, snowmobiles and other specialized vehicles. Luc Soucy, Groupe Soucy’s President, and the current management team will continue to assume their existing roles, leading the team towards its next stage of growth.

BCF is proud to have acted on behalf of the Acquiring group in this transaction with a team led by P. Mario Charpentier and Jean-Christophe Imbeau, and composed of Laurence Babin, Lucas Sylvestre and Emilia Stoute (Mergers & Acquisitions and Corporate Services), Anne-Frédérique Bourret (Environmental), Alain Castonguay, Janie Chaloux, Eleonora Eusepi, Caroline Emond and Alessia Talarico (Real Estate and Financing), Kevin Vincelette (Labour), Mehrez Houacine (Tax) and Richard Epstein (Antitrust).

To read the press release, click here.

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