About us
We invest our
own capital.
We are W Investments; a private equity fund based in Montreal, Canada.
We’re entrepreneurs, investing in other entrepreneurs. Before joining forces at W, our founders had been investing their own capital for over 20 years.
A significant portion of our capital was invested by our five founders, which provides a true alignment of interests with our investors. We leverage our extensive network to create opportunities and support our portfolio companies.
We value integrity, humility and…we like to have fun.
Investments
We’re proud to be a part of your success.
We target minority positions in businesses with at least $30M in enterprise value. We are open to all sectors of activity, and we want to partner with experienced managers to support them in their growth plans, while we unlock value for all our partners.
Current Portfolio
We’re a one-stop shop for private alternative investments.
We invest in mainly two asset classes: private equity and real estate. We ensure that we have complete diversification in each of these two asset classes. Namely, in private equity, we target traditional, industrial, and manufacturing companies just as much as technology companies. In real estate, we seek to participate in residential, commercial, and industrial projects while also aiming for geographical diversification.
Past investments
Team
Nicolas is an entrepreneur in the true sense of the word. He’s also the co-founder of a number of successful companies such as DTI software – a world-leader in in-flight entertainment.
Nicolas revels in entrepreneurial challenges without ever losing sight of the people involved. He’s a man of action who can be counted on to support ideas, grow businesses, and create sustainable jobs.
He’s particularly proud of the values he’s instilled in his children and the bond he shares with his wife.
Nicolas is an active, sports-loving, well-travelled, foodie and bon vivant. His musical taste might have his neighbours wondering sometimes, but they all agree that he has a contagious zest for life.
After having practiced for over 20 years as a business lawyer in Montreal law firms, David is known as a real dealmaker. He thrives on the adrenaline rush of transactions. Throughout his career, David has supported entrepreneurs in all aspects of their projects and has participated in multiple mergers, acquisitions and sales of companies. For nearly 10 years, he’s been particularly interested in best practices applicable to family offices and portfolio asset allocation.
For David, family comes first. Skiing, wake surfing and travelling are what it’s all about when it comes to family fun.
When David met his wife 20 years ago, he also fell in love with her native region, the Saguenay. He enjoys a couple of months there every year with his family.
Coming from an entrepreneurial family, Maxime has always had the innate desire to expose himself to a wide variety of different companies. In his early 20s the entrepreneurial mindset took hold of his professional career when he took over the family’s investment company and began investing in private investments.
His propensity to step out of his comfort zone has led him to many opportunities, and the building of trusting relationships with all of his current partners. Moreover, it’s the spirit of collegiality within the team that motivates Maxime to surpass himself every day.
His sense of humor and camaraderie also pervade his family life. He’s ready to take on the role of dinosaur, wrestler, whatever it takes to maximize playtime with his two sons. In fact, he’s so dedicated, his wife sometimes says she has three children.
Émilie is responsible for preparing financial statements and producing all financial reports. On top of all that, she’s also in charge of communications.
An HEC grad, with her CPA and CA, she worked in auditing for almost 10 years at a major accounting firm where she gained solid experience in investment funds.
Over the years, she’s proud of the camaraderie, strong bonds, and trust she shares with her colleagues. On a more personal note, her daughter Margot is her greatest source of pride. Raising her, and teaching her important life lessons and values, is her true joy.
As an epicurean, we’d have to say that Émilie prefers a good rosé to a good run. For her there’s nothing better than enjoying a dinner with great friends or lounging by the pool… with a chilled glass of vino in hand.
During his early years at KPMG, Mathieu honed his knowledge of financial reporting and audit in a variety of industries. After getting his CPA, he joined their transactional services practice, where he was at the forefront of multiple deals. Throughout his experience, Mathieu has been exposed to numerous industries, including financial services, manufacturing and technology, among others.
When he isn’t working, Mathieu plays multiple team sports in friendly leagues. Volleyball, hockey, and softball are his thing. Golf? Not so much. Fore!
Michel has had many professional lives. First as an investment banker, then he took the entrepreneurial path and became co-owner of Groupe Master Inc., where he was also CFO and CEO. He then pivoted to manage the family office at Mica3 Inc. to invest in several successful companies such as Groupe Master, Lumenpulse, Colo-D, Lion Electrique and many others.
Michel considers himself privileged, which is why he’s passionate about giving back through philanthropic endeavours and supporting entrepreneurs who will grow the future wealth of Quebec.
He loves surrounding himself in the company of those nearest and dearest to him; his adored family and friends. Maybe one day, you’ll have the pleasure of being invited to one of his famous Christmas lunches he’s organized every year, for the past 36 years.
A great traveller at heart, Michel’s always game to pack his bags the minute an opportunity arises. He’s also a passionate contemporary art collector and tours the world checking out major art fairs whenever he gets the chance. Wine is another one of his passions that fuels his desire to plan trips that quench his thirst for discovery.
Holder of a bachelor’s degree in environmental science with distinctions and a master’s degree in environmental engineering, she has accumulated ten years of experience as a project manager and director of operations.
Throughout her professional career, Megan has acquired a solid field experience in business management.
Megan is recognized by her peers for her team spirit, leadership, and rigor.
In her spare time, Megan enjoys outdoor activities or bringing out her creative, in particular by making artisanal products. Her most beautiful creation, however, remains her daughter. Megan is particularly proud of the complicity they have developed so don’t be surprised if she shows you a picture of her from the onset!
Entrepreneurship runs in the Lemieux family, so he comes by it honestly. Eric was Executive Vice President of the board of directors of Groupe LSR, a family business specializing in real estate in both Canada and the U.S. While working mainly on the group’s wealth management side, Eric developed a keen interest in optimizing portfolios through diversified asset allocation and intergenerational wealth transfer. To hone his expertise in this complex field, he also enrolls in training courses on a regular basis.
Family time is a priority for Eric and his wife. Whether it’s wakesurfing at the chalet, or skiing in Breckenridge, anytime is a great time to get together with his two wonderful daughters to create memorable moments.
Eric also makes time to pursue his other great passion in life: Hockey. He’s been playing regularly with his group of friends for the last 20 years. His beloved team is called Phantom Power, and they’re as much fun off the ice as they are on it – always up for a few good laughs and post-game beers.
Maxime has over 15 years of diverse experience in the financial industry. After a brief stint in hedge fund administration, he worked at Sobeys for 10 years in various roles in financial analysis, treasury, mergers and acquisitions, asset management, real estate development and business development. Subsequently, he held the position of Chief Financial Officer of a private company operating in the agribusiness sector for 5 years. Prior to joining W, he was an acquisitions consultant for private equity and Canadian public companies.
On a more personal note, Maxime enjoys spending time with his family, cooking them good meals and planning memorable trips. He is also an avid reader and never misses an opportunity to add history books to his library. In conclusion, it is worth noting some interesting facts that are part of his personality: he grew up in a funeral home, he was a DJ (he sometimes believes he still is one), and, as per Scottish tradition, he can be referred to as Lord, being the owner of a one square foot piece of land in the Highlands.
Recent News
Our investments in the spotlight.
MONTREAL, March 13, 2024| Business Wire ProAmpac, a global leader in flexible packaging and material science, and Gelpac, a premier producer of multiwall paper and poly-woven packaging products, today announced the signing of a definitive agreement under which ProAmpac will acquire Gelpac from an investor group led by NAMAKOR Holdings (“NAMAKOR”), including Groupe W Investissements (“W Investments”) and CDPQ.
LMPG Inc. acquires Vode Lighting LLCMONTREAL, June 9, 2023 LMPG continues its growth and deepens its offerings in the interior architectural lighting market.
Averna Expands Global Footprint into Germany with the Acquisition of ProNESMONTREAL, May 23, 2023 Averna, the leading global Test & Quality Solutions provider, announced today they have acquired the German company ProNES Automation GmbH. ProNES has been helping manufacturers efficiently produce better products for over 20 years.
GELPAC announces the strategic acquisition of Standard Multiwall Bag MFG. CO.MONTREAL, May 16, 2023 GELPAC, a North American leader of high-performance packaging solutions announces the strategic acquisition of Standard Multiwall Bag Mfg. Co. (STANDARD BAG) a specialty manufacturer of industrial and food grade multiwall and wovenpoly laminated bags essential to the efficient handling of raw materials and finished products by major players in the agrifood, pharmaceutical, and industrial markets.
e2ip technologies Completes $120 Million Growth Funding RoundMONTREAL, April 26 2023 | e2ip technologies, a global printed electronics and embedded system technologies innovation leader of the Human Machine Interface (HMI) and Industrial Internet of Things (IIoT) sectors, announced today the completion of its oversubscribed global growth funding round.
The Master Group Announces Strategic Partnership with Ohio-Based RSC to Expand Footprint in the US HVAC-R IndustryMONTREAL, March 2, 2023 | Newswire The Master Group, Canada’s largest and one of North America’s leading independent HVAC-R industry distributors, announced today the acquisition of Refrigeration Sales Corporation (RSC) based in Ohio.
LMPG Inc. acquires Architectural Lighting Works (ALW)MONTREAL, February 16, 2023 LMPG Inc., a leading specification-grade LED lighting solutions group, announced today that it has acquired one hundred percent of Architectural Lighting Works (ALW), a privately-owned, innovative interior and exterior architectural LED lighting solutions provider, from Prairie Capital.
Meubles Saint-Damase acquires Meubles Busch 1980 Inc.MONTREAL, November 22, 2022 Meubles Saint-Damase announces the acquisition of Meubles Busch 1980 Inc., a Quebec company specializing in high-end architectural woodworking in the commercial, institutional, and residential sectors for over 40 years.
W Investments Group II L.P. becomes a shareholder of LMPG, the parent company of LumenpulseMONTREAL, October 7, 2022 | W Investments is pleased to announce that it has become a shareholder of LMPG Inc., a leader in the design, development and manufacture of high-performance LED lighting solutions for commercial, institutional and urban environments.
Alcumus Acquires Risk Management Firm Cognibox, Further Expanding Presence in North AmericaMONTREAL, June 30, 2022 Alcumus has acquired Cognibox, a Canada-based end-to-end solutions provider of contractor management, training and employee compliance.
W Investments Closes its Second Fund with Commitments of $150 millionMONTREAL, April 06, 2022 | Newswire W Investments thereby concludes a fundraising of $150 million, including $125 million from private investors and Quebec entrepreneurs.
Years of Growth Lead to Covail™ Acquisition by Cybersecurity Firm GoSecureCOLUMBUS, December 21, 2021 Covail™, a Columbus-based cybersecurity and digital optimization firm founded by Central Ohio’s largest companies, is being acquired by GoSecure, a leading Managed Detection and Response firm.
Nocavap completes a second major continuation vehicle transactionMONTREAL, December 16, 2021 Novacap Industries Completes its First Continuation Vehicle. The new fund, a second of its kind for Novacap, will support the growth of Master Group.
Cognibox officially acquires Elite Management SSTMONTREAL, December 3, 2021 Cognibox is thrilled to welcome Elite Management SST into its family.
Devimco Immobilier launches the first phase of the largest real estate project in the history of the city of LongueuilMONTREAL, October 13, 2021 Devimco Immobilier today broke ground on the first of the two towers of the Sir Charles Condominium, marking Phase One of the developer’s vast multifunctional project in the area of the City of Longueuil’s downtown core and the Longueuil-Université-de-Sherbrooke métro station.
W Investments Raises Over $100M in the Initial Closing of its Second Fund, Exclusively from Entrepreneurs and Private InvestorsMONTREAL, October 14, 2021 | Newswire W Investments today announced the initial closing of the firm’s second fund, W Investments Group II LP, which is tailored for entrepreneurs and sponsored by entrepreneurs.
Devimco Immobilier and its partners begin construction of the August & Louis projectMONTREAL, October 13, 2021 Devimco Immobilier and its partners begin construction of the August & Louis project, part of a major project of more than 2,000 condo units representing an investment of $800 million, on the site of the former Maison de Radio-Canada.
Gelpac, a Namakor Holdings Company, closes on secondary offering and raises capital to drive growth through acquisitionsMONTREAL, September 22, 2021 Namakor Holdings LP, along with W investments Group LP, is pleased to announce the secondary purchase of Gelpac Inc. and is excited to on-board Tail End Capital Partners, a Pittsburgh based investor.
Lion Electric Announces U.S. Manufacturing Facility in Illinois, the Largest All-Electric Medium and Heavy-Duty Vehicles Plant in the U.S.MONTREAL, May 7, 2021 | PRNewswire The Lion Electric Company, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, today announced that it has selected Joliet, Ill., for the construction of its U.S. manufacturing facility. The new facility will represent the largest dedicated production site for zero-emission medium and heavy-duty vehicles…
Lion Electric Closes Business Combination with Northern Genesis Acquisition Corp. and will Debut as a Publicly Traded CompanyMONTREAL, May 6, 2021 | PRNewswire Lion Electric, a leading manufacturer of all-electric medium and heavy-duty urban vehicles, and Northern Genesis Acquisition Corp., a special purpose acquisition company, announced today the completion of their previously announced business combination. The Business Combination was approved by NGA stockholders…
Walter GAM, W Investments, Michaël Grondin launch Samara Multi-Family OfficeMONTREAL, May 5, 2021 | CNW Telbec Walter Global Asset Management, W Investments Group LP and the Grondin Group are pleased to announce the launch of Samara – an innovative multi-family office that will offer a personalized, values-based approach to clients and a full range of wealth management services and institutional-caliber investment solutions…
Averna Receives Deloitte Canada’s Best Managed Companies AwardMONTREAL, May 5, 2021 Averna, a leading global Test & Quality Solutions provider, announced today it has been selected by Deloitte Canada for this distinguished award. Canada’s Best Managed Companies is Canada’s leading business awards program, recognizing excellence in private Canadian-owned companies…
Power Corporation Companies to sell $500M stake in Wealthsimple’s $750M offeringTORONTO, May 3, 2021 | CNW Wealthsimple, the company behind some of Canada’s leading digital financial products, today announced it has signed a CAD $750 million financing round at a post-money valuation of CAD $5 billion. The round is led by Meritech and Greylock…
Averna Announces the Arrival of New Investors to Fast-Track its International GrowthMONTREAL, April 6, 2021 Buoyed by a marked increase in its international sales, Averna, a world leader in the development and integration of test and quality engineering solutions, announces that Walter Capital Partners, Investissement Québec and W Investments Group LP have joined the company’s executive team.
GoSecure Announces Closing of $35M Growth Investment RoundMONTREAL AND LA JOLLA, December 1, 2021 GoSecure, an established leader in the rapidly-growing Managed Detection and Response (MDR) market, today announced that it closed its Series E growth round at an oversubscribed $35M. W Investments Group, based in Montreal, led this second investment with guidance from Yaletown Partners…
MACH and Devimco Immobilier finalize an agreement to build 2,000 condo units in the Quartier des lumièresMONTREAL, Feb. 18, 2020 | CNW Telbec MACH and Devimco Immobilier announce an agreement to build more than 2,000 condominium units in the Quartier des lumières, located on the site of the former Maison de Radio-Canada. Devimco Immobilier is establishing a partnership with the Fonds immobilier de solidarité FTQ to complete this project…
Diagram Ventures II final closes at $55MMONTREAL, June 11, 2019 Diagram Ventures, a venture-builder that co-founds companies that pursue big ideas in the financial and insurance sectors, announced today the successful close of a new, $55-million second fund (“Fund II”) and that serial entrepreneur Hamnett Hill has joined the platform as a Partner…
BDC Capital, Georges Karam, Fondaction, W Investments acquire SIM-CogniboxSHAWINIGAN, May 6, 2019 | CNW Telbec SIM-Cognibox is proud to announce the signing of an agreement with new strategic and financial partners to accelerate its growth and development. The group of investors comprises Georges Karam, BDC Capital, Fondaction and W Investments Group…
Contact
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540 Notre-Dame Ave.
Saint-Lambert, Quebec J4P 2K7
Canada