Investment Summary

La Caisse Invests In National Bank

On June 11, 2024, asset manager La Caisse invested in financial services company National Bank

Investment Highlights
  • This is La Caisse’s 8th transaction in the Financial Services sector.
  • This is La Caisse’s 47th transaction in Canada.
  • This is La Caisse’s 44th transaction in Quebec.

Investment Summary

Date 2024-06-11
Target National Bank
Sector Financial Services
Investor(s) La Caisse
Deal Type Acquisition Financing

Target

National Bank

Montreal, Quebec, Canada
National Bank provides financial services through three business segments in Canada: Personal and Commercial Banking, Wealth Management, and Financial Markets. National Bank was founded in 1859 and is based in Montreal, Quebec.

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Investor(S) 1

Investor

La Caisse

Investor Investor Investor Investor Investor


Category Asset Manager
Founded 1965
PE ASSETS 90.0B CAD
Size Mega
Type Sector Agnostic
DESCRIPTION

CDPQ is a global asset management firm focused on a variety of investing strategies including fixed income, real estate, infrastructure, private equity, venture capital, and public equities. Within private equity, CDPQ looks to acquire significant minority stakes in businesses operating in a variety of sectors and seeks to commit $250 million to $1 billion per transaction. CDPQ was established in 1965 and is headquartered in Montreal, Quebec.


DEAL STATS #
Overall 102 of 106
Sector: Financial Services M&A 8 of 8
Type: Acquisition Financing M&A Deals 2 of 2
State: Quebec M&A 44 of 45
Country: Canada M&A 47 of 48
Year: 2024 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-05-22 Novatech

Sainte-Julie, Quebec, Canada

Novatech is a manufacturer of steel entry doors, door glass, patio doors, residential insulated glass, and commercial glass products. Novatech operates 16 ultra-modern facilities in Canada, the United States and France. Novatech was founded in 1982 and is based in Sainte-Julie, Quebec.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-24 Aareon

Mainz, Germany

Aareon is a provider of ERP software and digital solutions for the European property industry, Aareon is setting the standards for the management of complex business processes. Aareon is based in Mainz, Germany.

Buy €3.9B