On November 3, 2020, Caisse de dépôt et placement du Québec and TorQuest Partners announced a majority investment in Barrette Outdoor Living Inc. This investment will help accelerate the company’s expansion and continue to contribute to Barrette Outdoor Living’s strategy of building relationships with successful Canadian entrepreneurs to support ownership transitions.
Caisse de dépôt et placement du Québec (CDPQ) is a long-term institutional investor that manages funds primarily for public and para-public pension and insurance plans in Quebec and is the second-largest pension fund in Canada.
TorQuest Partners is a Canadian based private equity fund manager focused on investments in mid-market companies and working with management to build value.
Barrette Outdoor Living Inc. is a leading North American supplier of exterior home products to the residential market specializing in the production of outdoor products.
Osler, Hoskin & Harcourt LLP advised Caisse de dépôt et placement du Québec with a team consisting of Niko Veilleux, Calvin Leung and Jordana Corber-Tovel (Corporate).