Trans-Canada Energies Distribution (TCED Intl.) and Batteries Expert have entered into a financial partnership with a consortium of Quebec investors, led by Champlain Financial Corporation. The consortium also includes Fondaction, Roynat Equity Partners, Infilise Group and Soucy Group. This collaboration aims to accelerate growth and strengthen its position in the North American market, the companies said.
The Rozon family, founders of TCED, maintains a significant ownership in the company. Élise Rozon, a third-generation family member, continues her role as president and CEO. Philippe Infilise joins as chairman of the board.
“This is an exciting new chapter for TCED,” said Élise Rozon. “This partnership will allow the company to further accelerate its growth and support the next phase of its development.”
Pierre Simard, managing partner at Champlain Financial Corporation, expressed enthusiasm for the collaboration. “Our partnership with Batteries Expert reflects our appreciation for companies with a strong local presence,” Simard stated. “We are pleased to collaborate with a brand known for its quality.”
TCED INTL Inc., based in Saint-Jean-sur-Richelieu, Quebec, operates a franchise network of 60 retail stores under the Batteries Expert brand and distributes products in the Canadian and American markets. The company offers batteries, chargers and renewable energy products and has established a strong supplier base in Canada, Asia and the United States, the company said.
Champlain Financial Corporation, a Montreal-based private equity firm, manages a portfolio of private investments in Canada and the United States. The firm focuses on adding value to its partners and SMEs by providing capital, financing and operational management expertise.
Fondaction, a labour-sponsored fund, represents thousands of investors and businesses, managing assets of over 3.34 billion Canadian dollars (approx. $2.5 billion USD) as of May 2023. Roynat Equity Partners, a division of Roynat Inc., a subsidiary of Scotiabank, assists private middle-market companies in growth and value creation. With offices across Canada, Roynat provides capital, advice and networking opportunities to Canadian entrepreneurs.
