Claridge Inc. Invests in Food Processing Innovation in Québec
February 1, 2022
Claridge Inc. has partnered with Investissement Québec and the Fonds de solidarité FTQ to create an investment vehicle to support Québec food processing companies that show significant growth potential.
Davies acted for Claridge in the creation of the financial vehicle, with a target size of nearly $100 million, that will provide up-and-coming companies with the capital and resources to accelerate their growth in Québec and across North America.
The Davies team advising on this transaction included Sébastien Thériault and Caroline Ménard (Fund Formation); and Michael N. Kandev (Tax).