News

MontClerc Capital is proud to announce its involvement in the creation of Invera Flexibles, formed through the strategic combination of Polykar Industries and PolyExpert, two well-established Quebec-based companies in the flexible packaging industry. This transaction reflects MontClerc Capital’s approach of supporting ambitious companies operating in strategic sectors through strong partnerships, a long-term vision and sustainable value creation.

The creation of Invera Flexibles marks an important milestone in the consolidation and growth of the North American flexible packaging industry. Invera Flexibles becomes a large-scale manufacturing platform generating more than $200 million in annual revenue and employing over 350 people across three facilities located in Montreal, Laval and Edmonton.

MontClerc Capital acted as a strategic partner and investor alongside Kent Road Capital, Amir Karim and employee shareholders to support the creation of a company better positioned to accelerate its growth, strengthen its manufacturing capabilities and expand across North America.

As part of this transaction, Invera Flexibles plans to invest up to $20 million to expand and modernize its production capabilities, particularly at its Laval and Edmonton facilities. These investments will significantly increase the company’s manufacturing capacity in order to meet growing demand for high-performance and sustainable packaging solutions.

MontClerc Capital announces a strategic investment in Groupe Somavrac, a leading Québec-based company providing essential infrastructure serving strategic industries across Québec and Canada, as part of a consortium led by Instar Asset Management that also includes Investissement Québec and the Fonds de solidarité FTQ.

Founded more than 60 years ago and headquartered in Trois-Rivières, Groupe Somavrac is a Québec-based company specializing in logistics handling, storage and distribution of bulk products and chemicals serving several key industrial sectors. The company supports industries including mining, agriculture, pulp and paper, aluminum, cement, chemicals and water treatment. It operates a network of 17 specialized sites, including dry and liquid bulk storage facilities as well as value-added chemical distribution and transportation infrastructure.

This investment will support the next phase of Groupe Somavrac’s growth while maintaining a strong Québec presence and strengthening the company’s operational capabilities and long-term development.

“Groupe Somavrac has all the attributes of a sustainable business: recognized expertise, strategic infrastructure, a strong team and a significant presence in several regions of Québec. This investment aligns perfectly with MontClerc Capital’s mission to support companies that contribute to the economic vitality of Québec and Canada and that offer strong long-term value creation potential,” said Marc-Olivier Choquette, Partner at MontClerc Capital.

Through the complementary expertise of the consortium partners, the company will be well positioned to continue expanding its operations, support innovation in its logistics infrastructure and strengthen its presence across several key industrial sectors.

“Groupe Somavrac is a leading company with deep roots in the Québec and Canadian economy and plays a crucial role in several supply chains. At MontClerc Capital, we strongly believe in investing in companies that are leaders in their sector and that demonstrate strong growth potential and a solid entrepreneurial culture. We are very proud to participate in this partnership with Instar, Investissement Québec and the Fonds de solidarité FTQ to support Groupe Somavrac in the next phase of its development,” said Mathieu L’Allier, Managing Partner at MontClerc Capital.

This strategic transaction also strengthens an investment partnership bringing together institutional and private investors committed to supporting the growth of Québec and Canadian companies.

About MontClerc Capital

MontClerc Capital is a $250 million private equity fund making significant minority and control investments. MontClerc Capital was created through the complementary entrepreneurial vision and investment capacity of the Gauthier family of HDG and Groupe Le Massif and the Leclerc family of Groupe Leclerc.

Both groups, together with the 14 families of successful entrepreneurs who act as limited partners in MontClerc Capital, bring deep expertise in building world-class, multi-generational businesses. MontClerc Capital provides operational and investment experience distinguished by a collaborative, growth-focused approach aimed at creating long-term value.

In August 2025, MontClerc Capital hosted the very first edition of its annual event for limited partners. The gathering took place at the residence of Mr. Daniel Gauthier, O.C., O.Q., co-founder of the investment fund, and Chair of the Board of HDG and Groupe Le Massif.

This event brought together the 14 partner entrepreneurial families along with representatives from Investissement Québec, united by their capital and expertise to support the growth of mid-market companies in Québec and across Canada.

MontClerc Capital’s entrepreneur-investors had the opportunity to exchange with Ms. Christine Fréchette, Minister of Economy, Innovation and Energy and Minister Responsible for Regional Economic Development, who shared her vision of economic development. They also heard from Mr. Jean Charest, former Premier of Québec, member of the Prime Minister of Canada’s Advisory Committee on Canada–U.S. Relations, member of the Executive Committee of the Canada–United States Business Council, and Partner at Therrien Couture Jolicoeur, who addressed key issues surrounding Canada–U.S. relations.

The event also served as an opportunity to introduce MontClerc Capital’s Advisory Committee as well as the entire investment team, led by Managing Partner Mathieu L’Allier.

MontClerc Capital is proud to announce the completion of a strategic investment in Polykar, a Canadian leader in the manufacturing of sustainable packaging solutions.

This minority investment is designed to support the company in accelerating its growth in the North American market, while also advancing the development of innovative and eco-responsible production capabilities.

Founded in 1987, Polykar stands out for its high-quality products, strong commitment to innovation, and exemplary sustainable development practices. The company is recognized for its ability to meet the complex needs of large-scale clients across multiple industries, while integrating environmentally friendly solutions.

“Polykar meets all of our investment criteria, notably through the strength of its management team and the quality of its governance. Its growth potential is significant, and MontClerc Capital’s participation—both in capital and strategic expertise—will help solidify its foundations and accelerate its development,” said Mathieu L’Allier Managing Partner at MontClerc Capital.

This investment reflects MontClerc Capital’s mission: to support high-performing and visionary companies in achieving their full potential by leveraging our capital, strategic expertise, and extensive business network.

MontClerc Capital is proud to announce the acquisition of an equity interest in Logistec, a Montréal-based leader in marine and environmental services.

This investment aligns with MontClerc Capital’s mission to support high-quality companies and contribute to their growth by leveraging its network, operational expertise, and deep knowledge of the local market.

“Logistec brings together two major strengths: a strategic port presence across North America and essential environmental expertise to extend the lifespan of infrastructure and restore degraded ecosystems. These assets make it a forward-looking investment”, Marc-Olivier Choquette, Partner, MontClerc Capital.

Headquartered in Montréal, Logistec operates through three distinct business segments:

“This investment in Logistec reflects our commitment to partnering with organizations that play a strategic role in the Québec and North American economy. We are confident that Logistec, with its proven expertise and diversified service offering, is well-positioned to pursue sustainable growth and create long-term value,” Mathieu L’Allier, Managing Partner, MontClerc Capital.

MontClerc Capital is proud to announce the appointment of Mathieu L. L’Allier as Managing Partner. With an impressive track record in investment, management, and strategic and financial advisory, he will bring renewed leadership and recognized expertise to the MontClerc Capital team.

“Mathieu L. L’Allier’s appointment as Managing Partner marks an important milestone in MontClerc Capital’s growth. His outstanding experience, combined with his strategic vision and community engagement, make him an inspiring leader for our organization and for Quebec’s business ecosystem,” said Claude Choquette, President of HDG, Groupe Le Massif, and Gestion MontClerc.

Mathieu L. L’Allier has founded, grown, and sold companies in the financial services and entertainment industries. As an investment banker, he advised companies on value-creation strategies, mergers and acquisitions totaling more than $125 billion, as well as financings exceeding $50 billion.

Before joining MontClerc Capital, he held several senior leadership positions, including Vice-Chairman, Managing Director, and Head of Investment Banking for Eastern Canada at Stifel. He was also the Founding President of Mission Capital and Managing Director and Head of Investment and Corporate Banking at BMO Capital Markets for Québec and the Maritimes. Early in his career, he worked as a Production engineer at Refresco.

Deeply committed to his community, Mr. L’Allier has served as Chair of the Investment Committee of the Montreal Heart Institute Foundation and, as a board member of Innovobot, a pre-seed fund focused on technology. He has also contributed to the boards of the Montréal Symphonic Orchestra and McGill University’s MBA program.

Mr. L’Allier holds the Chartered Financial Analyst (CFA) designation, as well as degrees in Mechanical Engineering (B.Eng.) and Business Administration (MBA) from McGill University. He also studied at the Solvay Brussels School of Economics and Management and is a graduate of the Helios-McKinsey Leadership Program.

As Managing Partner, Mathieu L. L’Allier will lead the investment team composed of Martin Garand, Partner; Marc-Olivier Choquette, Partner; and Maxime Choinière, Principal.

About MontClerc Capital
MontClerc Capital is a $250 million private equity fund making significant minority and control investments. MontClerc Capital was founded through the complementary entrepreneurial vision and investment capacity of the Gauthier family of HDG and Groupe Le Massif, and the Leclerc family of Groupe Leclerc. Both groups, together with all of the 14 successful entrepreneurs that are Limited Partners in MontClerc Capital,   bring and contribute their expertise to build world-class, multi-generational businesses. MontClerc Capital combines operational and investment experience with a collaborative, growth-oriented approach to create long-term value.