Investments
54Portfolio Exits
7About Fondaction
Fondaction invests in venture capital in order to maintain and create jobs in Quebec. It is the financial partner of several enterprises and partners and specialized funds. The company favors enterprises that subscribe to a participatory management process, enterprises in the social economy (employee-controlled, cooperatives, etc.), and those that practice environmental stewardship. It was founded in 1996 and is based in Montreal, Canada.
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Latest Fondaction News
Jan 31, 2023
16h agoPrivate EquitypehubViews: 3 OPTEL is a Quebec City-based provider of traceability solutions that enable companies to improve the efficiency and sustainability of supply chains. Not a member yet? Free Membership for Qualified Investors and Industry Participants Easily Customize Content to Match Your Investment Preferences Breaking News 24/7/365 Alternative Investment Listings & LeaderBoards Industry Research, Due Diligence, Videos, Webinars, Events, Press Releases, Market Commentary, Newsletters, Fact Sheets,Presentations, Investment Mandates, Video PitchBooks & More! Company Directory AUM Accelerator Program (designed for investment managers) Over 450K+ Industry Headlines, Posts and Updates ALL ALPHAMAVEN CONTENT IS FOR INFORMATIONAL PURPOSES ONLY.CONTENT POSTED BY MEMBERS DOES NOT NECESSARILY REFLECT THE OPINION OR BELIEFS OF ALPHAMAVEN AND HAS NOT ALWAYS BEEN INDEPENDENTLY VERIFIED BY ALPHAMAVEN.PAST PERFORMANCE IS NOT INDICATIVE OF FUTURE RESULTS.THIS IS NOT A SOLICITATION FOR INVESTMENT.THE MATERIAL PROVIDED HEREIN IS FOR INFORMATIONAL PURPOSES ONLY.IT DOES NOT CONSTITUTE AN OFFER TO SELL OR A SOLICITATION OF AN OFFER TO BUY ANY INTERESTS OF ANY FUND OR ANY OTHER SECURITIES.ANY SUCH OFFERINGS CAN BE MADE ONLY IN ACCORDANCE WITH THE TERMS AND CONDITIONS SET FORTH IN THE INVESTMENT'S PRIVATE PLACEMENT MEMORANDUM.PRIOR TO INVESTING, INVESTORS ARE STRONGLY URGED TO REVIEW CAREFULLY THE PRIVATE PLACEMENT MEMORANDUM (INCLUDING THE RISK FACTORS DESCRIBED THEREIN), THE LIMITED PARTNERSHIP AGREEMENT AND THE SUBSCRIPTION DOCUMENTS, TO ASK SUCH QUESTIONS OF THE INVESTMENT MANAGER AS THEY DEEM APPROPRIATE, AND TO DISCUSS ANY PROSPECTIVE INVESTMENT IN THE FUND WITH THEIR LEGAL AND TAX ADVISERS IN ORDER TO MAKE AN INDEPENDENT DETERMINATION OF THE SUITABILITY AND CONSEQUENCES OF AN INVESTMENT. ALPHAMAVEN
Fondaction Investments
54 Investments
Fondaction has made 54 investments. Their latest investment was in OPTEL as part of their Unattributed VC on January 1, 2023.
Fondaction Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
1/25/2023 | Unattributed VC | OPTEL | Yes | BDC Capital, and Fondaction | 1 | |
1/16/2023 | Series A | Sollum | $22.38M | No | 16 | |
12/20/2022 | Private Equity | Courchesne Larose | Yes | 3 | ||
10/25/2022 | Unattributed | |||||
10/21/2022 | Series A |
Date | 1/25/2023 | 1/16/2023 | 12/20/2022 | 10/25/2022 | 10/21/2022 |
|---|---|---|---|---|---|
Round | Unattributed VC | Series A | Private Equity | Unattributed | Series A |
Company | OPTEL | Sollum | Courchesne Larose | ||
Amount | $22.38M | ||||
New? | Yes | No | Yes | ||
Co-Investors | BDC Capital, and Fondaction | ||||
Sources | 1 | 16 | 3 |
Fondaction Portfolio Exits
7 Portfolio Exits
Fondaction has 7 portfolio exits. Their latest portfolio exit was Spectra Premium Industries on September 20, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
9/20/2021 | Acq - Fin | 2 | |||
Date | 9/20/2021 | ||||
|---|---|---|---|---|---|
Exit | Acq - Fin | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 2 |
Fondaction Acquisitions
6 Acquisitions
Fondaction acquired 6 companies. Their latest acquisition was Armoires Cuisines Action on July 01, 2022.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
7/1/2022 | Acq - Fin | 3 | ||||
2/3/2021 | ||||||
10/7/2020 | ||||||
6/19/2018 | ||||||
10/22/2014 | Private Equity |
Date | 7/1/2022 | 2/3/2021 | 10/7/2020 | 6/19/2018 | 10/22/2014 |
|---|---|---|---|---|---|
Investment Stage | Private Equity | ||||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acq - Fin | ||||
Sources | 3 |
Fondaction Team
1 Team Member
Fondaction has 1 team member, including current Chief Executive Officer, President, Leopold Beaulieu.
Name | Work History | Title | Status |
|---|---|---|---|
Leopold Beaulieu | Chief Executive Officer, President | Current |
Name | Leopold Beaulieu |
|---|---|
Work History | |
Title | Chief Executive Officer, President |
Status | Current |
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