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Raymond Chabot Grant Thornton advises Groupe Automobile Desjardins on its acquisition of Groupe Samatas.
Founded over 20 years ago by Jean-Luc Desjardins, Le Groupe Automobile Desjardins (“Groupe Desjardins” or the “Company”) operates in the Canadian automotive industry. With the acquisition of the Samatas Group, Groupe Desjardins now operates 20 automobile dealerships under 19 roofs, located in the Greater Montreal and Quebec regions.
Groupe Samatas is one of the largest Honda groups in Canada, being established in Montreal for over 45 years. Dealerships include Excel Honda, Encore Honda, Excel Moto, Vaudreuil Honda, St Constant Honda as well as a S&H Leasing.
Groupe Desjardins 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 15 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 over 20 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, Jaguar Land Rover, Yamaha, Honda, Mv Agusta and Kawasaki.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to Groupe Desjardins.
“The entire team at Raymond Chabot Grant Thornton was very supportive throughout the entire transaction,” states Jean-Luc Desjardins, Founder and President at Groupe Automobile Desjardins. “They were able to help us navigate acting as a direct and seamless extension of our team and providing critical assistance throughout the process. “With the strategic acquisition of Groupe Samatas, Groupe Automobile Desjardins becomes one of the largest family-owned dealership groups in Canada. Like our Company, the Samatas family achieved great success due to their enviable reputation for customer service and customer experience. Our goal will be to continue that legacy one satisfied client at a time.”
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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.