Share
Raymond Chabot Grant Thornton is proud to have guided Métal Presto inc. as exclusive financial advisor for the business sale process.
Founded in 1975, Métal Presto inc. manufactures steel and wrought metal structures. It employs over 40 employees in Québec City and was founded by the father of Métal Presto inc.’s current President, Claude Roseberry. Claude took over with his brothers and went on to become the sole owner in 1999.
Raymond Chabot Grant Thornton acted as exclusive financial advisor to the seller. The Company called on the firm’s financial advisory service to find a buyer with the same synergies as Métal Presto inc. in order to ensure a sound succession for the company’s future.
“By listening to our needs, our advisor understood that our highest priority was to find a buyer who was in line with our values and organizational culture, but especially, who would complement the team,” said Claude Roseberry.
After several meetings with potential financial and strategic purchasers, the buyer was found. The investors will leverage their experience in the field to provide complementary service offerings and significant administrative support, which will contribute to the company’s longevity and 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 sales, acquisition and corporate advisory team provides sector-specific advice on mergers, acquisitions and divestitures, and on debt and equity capital markets.
We bring deep industry knowledge to each transaction to support our clients’ corporate finance strategies and priorities. Raymond Chabot Grant Thornton is Quebec’s leading professional services firm with more than 2,600 professionals. Raymond Chabot Grant Thornton is part of the Grant Thornton world organization where our global footprint spans across more than 140 countries with over 62,000 people who provide real insight, a fresh perspective and agility to keep clients moving ahead.