Acquisition of Résidence du Vieux Longueuil : $1,830,000

THE INVESTMENT :

With support from Capital croissance PME II and Desjardins Business, Groupe Shemie has acquired Résidence du Vieux Longueuil, a 43-bed intermediate care facility.

Logo Groupe Shemie PC

THE SOCIETY:

Groupe Shemie provides a safe, comfortable and stimulating living environment to nearly 300 seniors with decreasing autonomy in the Laurentides, Montérégie and Montréal South Shore regions. The company owns seven intermediate care residences employing some 260 dedicated employees.

CAPITAL CROISSANCE PME II :

CCPME II is an investment fund with the primary mission of providing patient capital to Québec SMEs to carry out a variety of expansion projects. It strives in particular to keep SME ownership in Québec as entrepreneurs start thinking about taking their retirement. Managed by Desjardins Business Capital régional et coopératif, CCPME is designed to meet the financing needs of Québec companies, primarily in the form of subordinated loans of less than $5 million.

INVESTMENT MANAGEMENT TEAM :

The Capital croissance PME fund is managed by Desjardins Business Capital régional et coopératif. Its investment professionals are spread across all regions of Québec:

Jean-Philippe Coiteux
Investment Manager
450 978-2250, ext. 7302242
jean-philippe.coiteux@dcrdesjardins.com
Yanick Normand
Investment Manager
514 281-7489
yanick.normand@dcrdesjardins.com
Denis Desjardins
Vice-President, Subordinated Debt, Southern and Western Quebec
514 281-7138
denis.desjardins@dcrdesjardins.com

 

Sylvain Dupuis
Managing Vice-President, Investments
514 281-8612
sylvain.dupuis@dcrdesjardins.com