MontClerc Capital invests in Groupe Somavrac
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.