Roynat Capital, Fonds de solidarité acquire significant minority stakes in Stageline

Roynat Capital, Fonds de solidarité des travailleurs du Québec (F.T.Q.) and Fonds régionaux de solidarité FTQ Lanaudière have acquired significant minority stakes in Stageline Group Inc. to support Stageline’s growth and succession plans.

Founded in 1987 by Yvan Miron who is still acting as the CEO, L’Assomption, Québec based Stageline designs, manufactures, sells, and rents mobile stages in over 48 countries in North America and abroad.

Stageline management team led by Director of Sales Pierre-Luc Rompré and including Jean Paquet, Francine Laliberté, Dominic Bossé, Jonathan Doucet, Frédéric Lemieux-Samson, Frédéric Munger, along Marianne Miron, CEO’s daughter, have joined Yvan Miron, Roynat Capital, Fonds de solidarité FTQ and Fonds régionaux de solidarité as shareholders of the company.

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Fonds de solidarité had previously partnered with Stageline from 1996 to 2004.

With a fleet of over 100 stages, Stageline is the largest renter of mobile stages in North America. The investment will allow Stageline to remain in Québec, in the Lanaudière region, where the growing company has two plants.

“Stageline is pleased to once again partner with the Fonds and welcome Roynat as a shareholder. Besides supporting our growth projects, this deal reaffirms our desire to remain in Lanaudière. We’ve steadfastly worked for 30 years to offer the most sophisticated, safe and innovative products on the market. By making our executives part of the shareholding management team, we’re confirming our commitment to staying at the top of our field.” Yvan Miron, Founder and CEO, Stageline

“The Stageline vision to reinvent outdoor stages by making them safe and easy to use has allowed the company to carve itself a place of choice in the market. Offering an exportable, high value-added product creates tangible growth opportunities. The internal succession plan aimed at controlling Stageline’s destiny clearly illustrates a strong sense of belonging within the company. The team has proven expertise in which we have full confidence. This investment will also allow us to diversify our entertainment portfolio in a promising segment.” Jean Wilhelmy, Senior Vice-President – Natural Resources, Manufacturing and Services, Fonds de solidarité FTQ

“Stageline is an investment opportunity that fits perfectly in line with our mandate. It’s a company that has become a leader in its market thanks to an excellent reputation and high-quality products that are, safe, reliable and innovative. From design to manufacturing to the use of its stages, Stageline also seeks to minimize its environmental footprint. Over the years, the founder has surrounded himself with a qualified and efficient team, and we’re proud to partner with this company to support its growth projects, which will only enhance its already solid reputation in North America and abroad.” Catherine Parent, Director, Roynat Equity Partners

photo credit: Stageline