Boucher Lortie Welcomes Strategic Investor Group for Growth
Boucher Lortie Welcomes Strategic Investor Group for Growth

QUÉBEC CITY, July 2, 2026 – Boucher Lortie today announced that it has welcomed a strategic investor group led by Champlain Financial Corporation, together with Desjardins Capital and Fondaction, to support the company’s next phase of growth.

Partnership to Drive Growth and Consolidation

The partnership will enable Boucher Lortie to continue executing its growth strategy, strengthen its operational capabilities and pursue consolidation opportunities in an evolving market, particularly in the Greater Québec City region, across Québec and, ultimately, elsewhere in Canada. It will also allow the company to continue investing in its people, systems, processes and service offering while remaining true to the values that have shaped its reputation for more than 40 years.

About Boucher Lortie

Founded in 1982 and headquartered in Québec City, Boucher Lortie is recognized for its multidisciplinary expertise in plumbing, electrical services, heating, natural gas, air conditioning and refrigeration. The company primarily serves residential, commercial and industrial customers, offering a full range of services including installation, maintenance, repair and emergency response.

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Over the years, Boucher Lortie has earned a strong reputation through the quality of its service, its close customer relationships and its ability to respond quickly to client needs. Today, the company employs approximately 125 professionals and operates a fleet of nearly 70 service vehicles, enabling it to efficiently serve customers throughout the Greater Québec City region.

Leadership Comments

For Marco Boucher, President of Boucher Lortie, the addition of these strategic partners reflects the company’s clear commitment to pursuing sustainable growth while preserving the values and culture that define Boucher Lortie.

“Over the past 40 years, Boucher Lortie has grown through the dedication of our employees, the trust of our customers and a strong service culture,” said Marco Boucher. “We are pleased to welcome Champlain, Fondaction and Desjardins Capital as strategic partners. Their experience, long-term vision and understanding of our business will enable us to accelerate our growth while remaining true to our values, our approach and our commitment to our customers.”

The partnership also reflects the company’s long-term commitment to ensuring business continuity, developing its workforce and pursuing growth opportunities in a sector that is expected to evolve significantly in the coming years. As demand continues to grow for technical services, energy-efficient solutions, preventive maintenance and skilled trades, Boucher Lortie intends to further strengthen its position as a leading industry player.

Investor Perspectives

“Boucher Lortie is an outstanding company with a strong reputation and recognized expertise in its sector,” said Pierre Simard, Managing Partner of Champlain Financial Corporation. “We are proud to partner with Marco Boucher and his team to support the company’s next phase of growth.”

For Fondaction, the investment reflects its commitment to supporting well-established Québec businesses that create quality jobs and are committed to sustainable growth.

“By supporting Boucher Lortie through this new phase of growth, Fondaction is investing in a company whose expertise directly contributes to building modernization and improved energy efficiency,” said Marie-Josée Rioux, Partnership and Investment Manager at Fondaction. “This is exactly the type of company we seek to support: high performing, a creator of quality jobs and capable of generating positive economic, environmental and social impacts.”

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