# Champlain and Fondaction acquire Équipement St-Germain

Champlain Financial Corporation, in partnership with Fondaction, acquired Équipement St-Germain Inc. and Excavations V. St-Germain Inc., a Quebec leader in heavy machinery rental for the construction industry. Financial terms were not disclosed.

- Type: Acquisition
- Announced: 2024-12-02
- Where: Quebec, Canada
- Status: completed
- Products: heavy machinery rental
- Sectors: [Construction Materials](https://endata.com/sectors/construction-materials.md)

## Companies

- [Fondaction](https://endata.com/companies/9527.md) (investor)
- [Champlain Financial Corporation](https://endata.com/companies/12356.md) (acquirer)
- [Équipement St-Germain](https://endata.com/companies/81489.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/news-releases/a-group-of-investors-led-by-champlain-including-the-participation-of-fondaction-acquires-equipement-st-germain-to-strengthen-its-leadership-in-the-commercial-rental-sector-in-quebec-899404538.html), 2024-12-02: "This strategic transaction, carried out in partnership with Fondaction, aims to strengthen Champlain's position in the commercial equipment rental market."
- [newswire.ca](https://www.newswire.ca/fr/news-releases/a-group-of-investors-led-by-champlain-including-the-participation-of-fondaction-acquires-equipement-st-germain-to-strengthen-its-leadership-in-the-commercial-rental-sector-in-quebec-899404538.html), 2024-12-02: "This strategic transaction, carried out in partnership with Fondaction, aims to strengthen Champlain's position in the commercial equipment rental market."
- [privatecapitaljournal.com](https://privatecapitaljournal.com/champlain-and-fondaction-acquire-equipement-st-germain/), 2024-12-02: "This strategic transaction, carried out in partnership with Fondaction, aims to strengthen Champlain's position in the commercial equipment rental market."

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