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Raymond Chabot Grant Thornton advises Groupe Automobile Desjardins on financing requirements to support its growth strategy.
Founded over 20 years ago by Jean-Luc Desjardins, Le Groupe Automobile Desjardins (“Groupe Desjardins” or the “Company”) operates in the Canadian automotive industry and operates 15 automobile dealerships under 13 roofs, located in the Greater Montreal and Quebec regions.
The Company began by operating a single Ford dealership and over the years opened and additional three new dealerships to become a key Ford dealer in Canada. In addition, Groupe Desjardins has successfully acquired and integrated 10 dealerships.
Groupe Desjardins has a proven track record of integrating acquisitions and promoting growth over the past two decades. Over the years, the Company has built a well-diversified manufacturer portfolio by gathering 16 brands, including 4 premium luxury brands, and gained the confidence of several of the major car & truck manufacturers including: Ford, General Motors, Subaru, Stellantis, Honda, Volkswagen, and Jaguar Land Rover.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Groupe Desjardins.
“The team at Raymond Chabot Grant Thornton simplified and maximized our refinancing process. The team enabled us to obtain competitive terms and conditions all whilst managing the process in a very professional manner and allowing us to benefit from their network of capital providers,” states Jean-Luc Desjardins, Founder and President at Groupe Automobile Desjardins. “In addition to their recognized expertise, the fact that the Raymond Chabot Grant Thornton team had a very good understanding of the current debt market allowed them to have great credibility with potential lenders and therefore optimized the entire process. By leveraging our bolstered capital structure, industry expertise, reputation, operational capabilities, Groupe Desjardins plans to continue its steady growth over the next few years through organic efforts and select strategic acquisitions.”
To learn more about how Raymond Chabot Grant Thornton can help meet the needs of your business, please contact our Financial advisory team.
About Raymond Chabot Grant Thornton
Raymond Chabot Grant Thornton is a Canadian leader in the areas 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.
Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,800 employees. As a member firm of the Grant Thornton International network and together with its Canadian counterpart Grant Thornton LLP, the firm is a member of one of the world’s largest professional services network made up of 68,000 people in more than 145 markets.