Clearspring and CDPQ backed Demers Braun acquires Crestline Coach

CPE Media News – pcJournal (9/18/2018) – Demers Braun Ambulance Manufacturer Inc., a portfolio company of Clearspring Capital Partners and Caisse de dépôt et placement du Québec (CDPQ), has acquired Saskatoon, Saskatchewan based Crestline Coach Ltd., a manufacturer of ambulances and specialized vehicles and a distributor of small and medium buses in Canada.

Beloeil, Quebec based Demers Braun said the acquisition will help broaden its service offering by integrating specialized vehicles into its portfolio.

There will be no changes to Crestline Coach’s team following this acquisition. Steve Hoffrogge continues to lead Crestline Coach as President.

In January 2018, with the support of CDPQ, Clearspring Capital Partners formed Demers Braun by merging its portfolio company Demers Ambulances with Van Wert, Ohio based Braun Industries, Inc.

photo credit: Crestline Coach

News Release

Demers-Braun continues to expand

MONTRÉAL, Sept. 14, 2018 /CNW Telbec/ – Demers-Braun, an ambulance manufacturer, announced the acquisition of Crestline Coach Ltd., a company that manufactures ambulances and specialized vehicles and distributes small and medium buses in Canada.

This transaction will allow Demers-Braun to broaden its service offering by integrating specialized vehicles into its portfolio. There will be no changes to Crestline Coach’s team following this acquisition.

ABOUT BRAUN AND DEMERS AMBULANCES
Recognized for leadership in innovative design, quality product, and for their over 100-years of combined rich history serving the emergency response market in over 20 countries worldwide, Demers and Braun offer ambulance models ranging from the price-conscience value ambulance to the very highly-customized specialty vehicle. To learn more about how Demers Ambulances and Braun Industries can help you save more lives, visit www.Demers-Ambulances.com and www.BraunAmbulances.com.

ABOUT CRESTLINE COACH LTD.
Crestline Coach Ltd. is a worldwide leader in ambulance and specialty vehicle manufacturing and a Canadian distributor of small to mid-sized buses. With safety, innovation and durability always at the forefront of their business, Crestline exceeds and inspires today’s industry standards. To learn more about Crestline visit www.crestlinecoach.com or follow them on Facebook, Twitter, LinkedIn or YouTube.

SOURCE Demers-Braun

For further information: Alain Brunelle, President and general director, Demers-Braun, (450) 467-4683 poste 224, abrunelle@demers-ambulances.com; Steve Hoffrogge, President, Crestline Coach Ltd., (306) 986-5616, shoffrogge@crestlinecoach.com

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