# Sagard Private Equity Canada acquires Groupe Lou-Tec

Sagard Private Equity Canada announced its first investment with the acquisition of Groupe Lou-Tec, a heavy machinery and equipment rental company in Quebec, alongside management and co-investors.

- Type: Acquisition
- Announced: 2021-09-13
- Where: Quebec, Canada, Canada
- Status: announced
- Products: heavy machinery rental, equipment rental
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Investissement Québec](https://endata.com/companies/1515.md) (investor)
- [Sagard Private Equity Canada](https://endata.com/companies/57678.md) (acquirer)
- [Groupe Lou-Tec](https://endata.com/companies/57679.md) (target)
- [Walter Capital Partners](https://endata.com/companies/57680.md) (investor)
- [BDC Capital](https://endata.com/companies/57681.md) (investor)

## Sources

- [rermag.com](https://www.rermag.com/home/article/21175115/sagard-private-equity-canada-acquires-leading-quebec-rental-company-groupe-lou-tec), 2021-09-13: "Sagard Private Equity Canada, a Canadian mid-market private equity fund, today announced its first investment with the acquisition of Groupe Lou-Tec Inc., a leading heavy machinery and equipment rental company operating mainly in the province of Quebec."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.