Fonds de solidarité FTQ Network Supports Stageline's Acquisition of Scène Éthique
Stageline and Scène Éthique remain Québec companies
L'Assomption, Januaray 14, 2025
In order to continue its growth and meet strong international demand for its products, Stageline Mobile Stage is acquiring Scène Éthique. The acquisition is supported by BDG & Partners, the Fonds de solidarité FTQ and the Fonds régionaux de solidarité FTQ Lanaudière (FRS), which recently participated in the ownership transfer of Stageline.
Stageline is a world leader in the design and manufacture of mobile stages and hydraulic stage structures. Its mobile stages are used annually at more than 30,000 events in over 50 countries. With its large fleet of outdoor staging equipment, the company is the largest renter of mobile stages in North America. The investment will allow Stageline to remain in Québec, where it has 230 employees and 3 plants in the Lanaudière region. The company has been a partner of the Fonds and the FRS since 2018.
Scène Éthique is located in Varennes, where it has been designing and manufacturing stage infrastructure, seating, acrobatic equipment and welded mechanical structures for the entertainment industry since 1995. Renowned for its innovation and creativity, the company has 45 employees and services major industry players such as Cirque du Soleil, Robert Lepage, Céline Dion and Moment Factory.
This acquisition comes on the heels of a leadership transition for Stageline, long planned by founder and CEO Yvan Miron and now ending with Pierre-Luc Rompré taking the helm. This transition is the culmination of a well-thought-out succession strategy, ensuring continued stability for the company and speaking to its commitment to long-term sustainable development.
"We are delighted to join forces with Scène Éthique, a company that shares our passion for excellence and innovation. This acquisition marks an important step in our growth strategy and will enable us to consolidate our leadership in the global market for mobile stages and stage structures for the entertainment industry," said Stageline CEO Pierre-Luc Rompré.
"By partnering with BDG and the Fonds régionaux de solidarité FTQ, we are helping to ensure that Stageline and Scène Éthique remain in Québec. The expertise developed here at home by two international leaders in the entertainment industry will continue to stand out around the world as both companies continue to grow in Québec. We are thrilled to support Stageline and Scène Éthique with a trusted investor like BDG and an experienced leader like Pierre-Luc Rompré," said Saloua Benkhouya, Vice-President, Private Equity and Impact Investing – Entertainment and Service Industries at the Fonds de solidarité FTQ.
"The Fonds régionaux de solidarité FTQ Lanaudière has supported Stageline's growth since 2018, when we first invested in the company. We are proud to renew this partnership together with the Fonds' head office and to team up with BDG to ensure that two Québec companies remain here at home," said Éric Dargis, Regional Vice-President, Fonds régionaux de solidarité FTQ – Lanaudière.
"We are delighted with what is a strategic acquisition for Stageline. With its leadership position and growth potential, this acquisition aligns perfectly with our vision," said Christian Turgeon, Managing Partner and CEO of BDG.
About the Fonds de solidarité FTQ
The Fonds de solidarité FTQ is a source of pride in Québec, fulfilling its mission through a unique business model created more than 40 years ago. Since then, the Fonds has rallied Québec into action thanks to the retirement savings of 795,374 shareholders.
With net assets of $21.7 billion as at November 30, 2024, the Fonds supports nearly 4,000 companies through direct and indirect venture and development capital investments based on the belief that impact is created as much by financial as societal returns. The Fonds régionaux de solidarité FTQ have been part of the Fonds de solidarité FTQ network since their creation in 1996.
For more information, visit fondsftq.com or our company page on LinkedIn.
About BDG
Founded 10 years ago, BDG is a private equity firm focused on creating value by investing in companies where its capital, strategic insight, global relationships and operational experience can further their growth in local and international markets.
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« Photographe : Stéphane Bourgeois pour le FEQ »