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Wynnchurch Capital and CDPQ acquire Groupe Moreau

Date Closed

June 29, 2012

Lead Office

Québec City

On June 29, 2012, Wynnchurch Capital Ltd. and the Caisse de dêpot de placement du Québec (the “Caisse”) acquired all of the issued and outstanding shares in the capital of J.-Y. Moreau Électrique Inc. (“JYME”) and 2950-0519 Québec Inc.(“2950”) (together, the “Groupe Moreau” ) by way of a private equity investment.

Groupe Moreau, a contractor specializing in electrical, structural, piping and mechanical services in the industrial sector, has its head office in Rouyn-Noranda QC as well as offices in Val d’Or, QC and Edmonton AB. It has developed a specialized expertise in the construction of structures intended for mining projects in northern Quebec, Ontario and Africa and for energy projects in Northern Alberta.

The acquisition was carried out by way of a share purchase agreement whereby both JYME and 2950 were acquired via a parent purchaser formed by Wynnchurch and the Caisse. The original shareholders of JYME and 2950 were retained as key employees of those companies and were given minority stakes in the share capital of post-merger JYME and 2950.

McCarthy Tétrault LLP represented Groupe Moreau, with a team led by Philippe Leclerc.

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