Fonds régionaux de solidarité FTQ Montérégie lends $2M to Diversico

Fonds régionaux de solidarité FTQ Montérégie has granted a $2 million unsecured loan to Diversico.

Brossard, Québec based Diversico is a network of financial services firms serving over 30,000 professionals, individuals and business people.

New funds will be used to support its growth and allow it to penetrate the Ontario market and the rest of Canada.

“Diversico is a perfect example of a services firm that has been able to innovate and leverage technology tools tailored to its needs. This, together with its uncanny ability to analyze portfolios for sale, has allowed the firm to make great strides and we’re proud to contribute to their plans to expand into new geographic markets,” said Johanne Pilon, Regional Director, Fonds régionaux de solidarité FTQ Montérégie.

“This investment by the Fonds régionaux de solidarité FTQ Montérégie speaks to their confidence in our strategic plan. Their support is invaluable for our growth in Québec and across Canada. They have recognized the value of the technology investments we made in order to improve our performance at every level,” commentated Daniel Guillemette, President of Diversico.

Ted Liu

Ted Liu, M.Sc. (Mining), MBA (Finance), is the Editor of Private Capital Journal and CanadaMetals.ca, and former Editor of Canadian Private Equity. Ted has been passionately tracking Canadian private capital industry since 1992, most recently served as Research Director for The Canadian Venture Capital and Private Equity Association (CVCA). Ted was the architect of CVCA infobase, and is the architect of sophisticated and advanced CPE Media Private Capital Dealbase.

Ted is President of CPE Media Inc., Canada's independent, trusted and unbiased data provider tracking Canadian VC/PE, private capital industry and public market.