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Raymond Chabot Grant Thornton is proud to have assisted Digicast, a leader of the webcasting and live broadcasting industry in Canada, as an exclusive financial advisor.
Digicast, a webcasting solutions provider for corporate communications and digital events, has announced the addition of Desjardins Capital to its share ownership. This strategic partnership will support the Montreal-based company’s growth in Canada and the US, while keeping its head office and jobs in Québec.
“We’re delighted to welcome Desjardins Capital on board as an investment partner. This marks the beginning of a new and exciting era for Digicast. We’re confident that our collaboration will strengthen our position as a leader in the digital events and communications industry and enable us to explore promising new markets. Together, we’ll continue to innovate, exemplify operational excellence and create exceptional value for our clients. We’re proud to seize this growth opportunity and we’re eager to follow through on our vision with Desjardins Capital,” explained Jonathan Hakim, founder and CEO of Digicast.
“By offering innovative solutions that exceed industry standards, Digicast has cemented its role as a webcasting leader in Québec. Desjardins Capital’s share ownership will help the company reach its growth goals in Canada and the US. With this investment, Desjardins is proud to take its longstanding business relationship with Digicast to the next level. This commitment reflects our confidence in the company’s future and demonstrates our shared commitment to supporting its long-term growth and performance,” noted Jean-Yves Bourgeois, Executive Vice-President, Business Services at Desjardins.
Raymond Chabot Grant Thornton acted as Digicast’s exclusive financial advisor in this transaction.
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our sales, acquisitions and corporate finance advisory team.
About Digicast
Founded in 2006 by Jonathan Hakim, Digicast is truly one of the world pioneers in webcasting and a leader in the webcasting and live broadcasting industry in Canada. Innovation has been part of its daily operation for nearly 20 years, even before Digicast was founded. From the outset, the company has actively invested substantial efforts in research and development of their web platforms and other technological tools, and these tools now demonstrate Digicast’s reputation of excellence. A few years after the foundation of the company, Jean-Louis Langevin and Nick Di Meo, two experts in event planning, joined forces with Jonathan Hakim to complete Digicast’s service offering. Together, they secure the company’s footing on three pillars of success and continuity: the high performance of their technical tools, customer service, and event planning.
About Desjardins Group
Desjardins Group is the largest cooperative financial group in North America and the fifth largest in the world, with assets of $414.1 billion as at September 30, 2023. It was named one of the World’s Top Female-Friendly Companies by Forbes magazine. To meet the diverse needs of its members and clients, Desjardins offers a full range of products and services to individuals and businesses through its extensive distribution network, its online platforms, and its subsidiaries across Canada. Ranked among the world’s strongest banks according to The Banker magazine, Desjardins has one of the highest capital ratios and one of the highest credit ratings in the industry.
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About Desjardins Capital
Nearly 50 years strong, Desjardins Capital has a mission to value, support and nurture the best of Quebec entrepreneurship. With assets under management of $3 billion as at June 30, 2023, Desjardins Capital helps contribute to the longevity of some 770 companies, cooperatives and funds in various sectors from across Quebec. In addition to promoting socioeconomic growth, productivity and sustainable practices, this subsidiary of Desjardins Group offers business owners access to a large business network that supports their business growth.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas of assurance, tax, advisory services and business recovery and reorganization.
Our leading mid-market focused corporate finance advisory team provides sector-specific advice on mergers, acquisitions and divestitures, debt and equity capital markets.
Our team brings deep industry knowledge to each transaction in support of our clients’ corporate finance strategies and priorities. By leveraging our extensive experience working with mid-market businesses, our understanding of shareholder objectives, our approach to deal structuring and our creative solutions, we strive to achieve a transaction process that leads to a successful outcome for all stakeholders.