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Public-Private Partnership
fondsftq.com

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Investments

167

Portfolio Exits

36

Partners & Customers

2

About Fonds de Solidarite FTQ

The Solidarity Fund QFL is a development capital fund that calls upon the solidarity and savings of Quebecers to help create and maintain jobs in Quebec by investing in small and medium-sized businesses. Its mission also involves offering its shareholders a fair return and strike a balance as a labour-sponsored investment fund. Since its inception in June 1983, the Fund, whose net assets is $7,3 billion as at May 31, 2010, has become a hub of knowledge, resources and contacts for Quebec companies and a key player in the Quebec economy.

Fonds de Solidarite FTQ Headquarter Location

545, Crémazie Boulevard East, office 200 Office 200

Montreal, Quebec, H2M 2W4,

Canada

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Research containing Fonds de Solidarite FTQ

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CB Insights Intelligence Analysts have mentioned Fonds de Solidarite FTQ in 1 CB Insights research brief, most recently on Nov 11, 2019.

Latest Fonds de Solidarite FTQ News

IPL to be sold to Novacap, Fonds de solidarite for $94.2 million - Canadian PlasticsCanadian Plastics

Jun 28, 2018

IPL to be sold to Novacap, Fonds de solidarite for $94.2 million Quebec injection molder and extruder IPL Inc. will be purchased by private equity firm Novacap and Quebec pr... September 8, 2010   Canadian Plastics Quebec injection molder and extruder IPL Inc. will be purchased by private equity firm Novacap and Quebec provincial capital investment fund Fonds de solidarite FTQ for $94.2 million. The two made the sole bid for IPL after a nine-month strategic review, IPL said in a press release. The offer “will permit shareholders to realize promptly a fair value for their multiple voting shares without being subject to risks inherent in IPL’s business plan or market risks inherent in non-cash offers,” the company said in its statement. A special meeting of IPL shareholders to vote on the deal will be held in October. Saint-Damien-based IPL, which makes parts for a variety of industrial manufacturing sectors, employs approximately 900 people at four plants – three in Quebec and one in New Brunswick. Novacap is a private equity and venture capital firm based in Longueuil, Que., with more than $750 million in assets under management. The Fonds de solidarite FTQ is a provincial development capital fund that invests in all sectors of the economy to help further Quebec’s economic growth, with net assets of $7.3 billion.

Fonds de Solidarite FTQ Investments

167 Investments

Fonds de Solidarite FTQ has made 167 investments. Their latest investment was in GRYB as part of their Unattributed on June 6, 2022.

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Fonds de Solidarite FTQ Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

6/14/2022

Unattributed

GRYB

Yes

1

5/25/2022

Series B

Worximity Technologies

$10.93M

No

4

4/25/2022

Seed VC

Epitopea

$13.6M

Yes

2

4/20/2022

Series A - II

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$99M

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10

4/12/2022

Unattributed

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$99M

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10

Date

6/14/2022

5/25/2022

4/25/2022

4/20/2022

4/12/2022

Round

Unattributed

Series B

Seed VC

Series A - II

Unattributed

Company

GRYB

Worximity Technologies

Epitopea

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Amount

$10.93M

$13.6M

$99M

$99M

New?

Yes

No

Yes

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Co-Investors

Sources

1

4

2

10

10

Fonds de Solidarite FTQ Portfolio Exits

36 Portfolio Exits

Fonds de Solidarite FTQ has 36 portfolio exits. Their latest portfolio exit was Acces Location on June 20, 2022.

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

6/20/2022

Acquired

1

5/12/2022

Acq - Fin

1

4/8/2022

Acquired

2

11/24/2021

IPO

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$99M

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10

9/20/2021

Acq - Fin

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10

Date

6/20/2022

5/12/2022

4/8/2022

11/24/2021

9/20/2021

Exit

Acquired

Acq - Fin

Acquired

IPO

Acq - Fin

Companies

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Valuation

$99M

Acquirer

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Sources

1

1

2

10

10

Fonds de Solidarite FTQ Acquisitions

13 Acquisitions

Fonds de Solidarite FTQ acquired 13 companies. Their latest acquisition was Canam Group - Canada on January 23, 2020.

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

1/23/2020

$99M

Acquired Unit - Fin

2

9/16/2019

$99M

Acquired

3

6/19/2018

$99M

Acquired

3

12/6/2017

Other

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$99M

$99M

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10

6/15/2016

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$99M

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10

Date

1/23/2020

9/16/2019

6/19/2018

12/6/2017

6/15/2016

Investment Stage

Other

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Total Funding

$99M

Note

Acquired Unit - Fin

Acquired

Acquired

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Sources

2

3

3

10

10

Fonds de Solidarite FTQ Partners & Customers

2 Partners and customers

Fonds de Solidarite FTQ has 2 strategic partners and customers. Fonds de Solidarite FTQ recently partnered with sidex on April 4, 2018.

Date

Type

Business Partner

Country

News Snippet

Sources

4/30/2018

Partner

Fonds de solidarité FTQ and SIDEX Join Forces to Launch FIELD-ACTION 2018 Français

`` FIELD-ACTION is a transformative initiative for Québec 's junior mining companies , launched by SIDEX , a partnership with the Québec government that has been supported by the Fonds de solidarité FTQ since 2001 .

1

10/5/2012

Partner

Switzerland, and Canada

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10

Date

4/30/2018

10/5/2012

Type

Partner

Partner

Business Partner

Country

Switzerland, and Canada

News Snippet

Fonds de solidarité FTQ and SIDEX Join Forces to Launch FIELD-ACTION 2018 Français

`` FIELD-ACTION is a transformative initiative for Québec 's junior mining companies , launched by SIDEX , a partnership with the Québec government that has been supported by the Fonds de solidarité FTQ since 2001 .

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Sources

1

10

Fonds de Solidarite FTQ Team

4 Team Members

Fonds de Solidarite FTQ has 4 team members, including current Chief Executive Officer, President, Janie Béïque.

Name

Work History

Title

Status

Janie Béïque

Government of Canada, Teralys Capital, Reseau Capital, and McCarthy Tetrault

Chief Executive Officer, President

Current

Jean Emmanuel Rodocanachi

President

Current

Michel Pontbriand

Executive Vice President

Current

Yvon Bolduc

Chief Executive Officer

Former

Name

Janie Béïque

Jean Emmanuel Rodocanachi

Michel Pontbriand

Yvon Bolduc

Work History

Government of Canada, Teralys Capital, Reseau Capital, and McCarthy Tetrault

Title

Chief Executive Officer, President

President

Executive Vice President

Chief Executive Officer

Status

Current

Current

Current

Former

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