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- Partnership and succession
- The options
Three ways to get involved
Each option fits a different project. None is fixed in advance: the structure is defined together, with each party’s advisers.
Partnership, stake or succession
| Operating partnership | Stake | Succession | |
|---|---|---|---|
| Who it suits | A manager or a company in the trade who wants to be involved day to day | A person or a company that wants to support growth | A successor who intends to run the business in time |
| Your role | Active in operations | To be defined: active or not | Running the business, after a transition |
| Role of current management | Stays in place | Stays in place | Supports the transition, as agreed |
| Time frame | Long term | Medium to long term | Gradual or in one step |
| Advisers to plan for | Lawyer or notary, accountant | Lawyer or notary, accountant, business valuator | Lawyer or notary, accountant, business valuator, business-transfer organization |
The legal form of an agreement depends on the company’s structure and on your situation. It is defined with your advisers and ours.
From a first message to an agreement
First contact
An email or a call to introduce yourself and say what interests you.
Confidentiality agreement
Signed by both parties before any information is exchanged.
Information and questions
You receive the relevant information and ask your questions.
Meeting and visit
In Laval, to see the business and talk in person.
Letter of intent
The outline of a possible agreement, without a final commitment.
Due diligence and agreement
Due diligence by your advisers, then a final agreement.
Getting support
In Quebec, Repreneuriat Québec (formerly the Centre de transfert d’entreprise du Québec) offers support services and confidential matchmaking for buying or selling a business. It is a good starting point for understanding the steps of a business transfer. Its website is in French.
What people ask us
Is a complete takeover possible?
Yes. There is no rush and the business carries on, but its management will consider any serious proposal for a complete takeover.
Is this a public call for investment?
No. Nothing on this site is an offer or a solicitation to sell securities. Any agreement would be private, negotiated individually, in compliance with applicable law and with professional advisers.
What amount should I plan for?
No amount is published. The value and structure of an agreement are discussed after a confidentiality agreement is signed, based on the information shared.
Will my inquiry stay confidential?
Yes. Your inquiry is handled in confidence. Put ’Partnership’ in the subject line so your message is routed to management. A confidentiality agreement then protects both parties.
Do I need a background in moving?
No. Experience in management, transport or services helps, but each project is considered for what it brings.
I am outside Canada. Is this possible?
Yes, a person from outside Canada can acquire a business in Quebec or join one, subject to the applicable rules. Owning a business does not, however, give you the right to settle in Canada by itself. See our information page.
How long does the process take?
It depends on the option and on the checks to be done. We prefer to move in stages, without an imposed deadline.
This page is an invitation to talk. It is not an offer or a solicitation to sell securities. Any agreement would be private, negotiated individually and concluded with professional advisers, in compliance with applicable law.
Let’s talk about your project
Send us a few lines: who you are, what interests you and your timeline. Put ’Partnership’ in the subject line so your message is routed to management.
- No commitment on either side.
- No financial information is shared before a confidentiality agreement is signed.
- We reply by email or by phone.