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GNI Management Group Inc. announces acquisition of Isolation Majeau et frère, expansion of services into Quebec

October 04, 2022

October 4, 2022

GNI Management Group Inc. announces acquisition of Isolation Majeau et frère, expansion of services into Quebec

(Toronto, October 4, 2022) GNI Management Group Inc. (“GNI”) is happy to announce the acquisition of St-Esprit-based Isolation Majeau et frère (“IMF”), a leading insulation provider for Montreal and the surrounding area.

“The team at Isolation Majeau impressed us immediately with their attention to detail and professionalism” said Bill Maginas, CEO of GNI. “Our partnership with IMF provides us with the opportunity to bring GNI’s expertise to the Quebec marketplace while expanding IMF’s capabilities.”

“We’re excited for the opportunities that joining GNI will bring,” said Marcel Lapierre, Owner/Operator of IMF. “GNI has been major player in Canada’s construction industry for decades, and their expertise in both the residential and commercial markets will allow us to grow considerably.”

The acquisition of IMF is the first time GNI Management Group Inc. has expanded beyond Ontario since its foundation in 1980.

“Our mission is to build safer, more energy efficient and sustainable communities Canada-wide,” said Maginas. “IMF, with Marcel and his team, represent the talent we will continue to seek out in order to become Canada’s leader in insulation and building science services.”

Ironbridge Equity Partners, GNI Management Group Inc.’s ownership company, is a team of fourteen investment professionals that invest in Canadian lower middle-market businesses operating in a broad range of industries including manufacturing, distribution, and consumer and business products and services. Ironbridge has extensive financial and operational experience and works closely with the management of its portfolio of companies to enhance value.

For more information, contact:

Bill Maginas
CEO
GNI Management Group Inc.
bmaginas@gni.ca
gni.ca

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4 octobre 2022

GNI Management Group Inc. annonce l'acquisition d'Isolation Majeau et frère et l'expansion de ses services au Québec.

(Toronto, 4 octobre 2022) GNI Management Group Inc. (“GNI”) est heureux d'annoncer l'acquisition de la société Isolation Majeau et frère ("IMF"), basée à Saint-Esprit, un fournisseur d'isolation de premier plan pour Montréal et ses environs.

"L'équipe d'Isolation Majeau nous a immédiatement impressionnés par son souci du détail et son professionnalisme", a déclaré Bill Maginas, PDG de GNI. "Notre partenariat avec IMF nous donne l'occasion d'apporter l'expertise de GNI sur le marché québécois tout en élargissant les capacités d'IMF".

"Nous sommes enthousiastes à l'idée des opportunités qu'apportera le rapprochement à GNI", a déclaré Marcel Lapierre, propriétaire/exploitant d'IMF. "GNI est un acteur majeur de l'industrie de la construction au Canada depuis des décennies, et son expertise sur les marchés résidentiels et commerciaux nous permettra de nous développer considérablement".

Avec l'acquisition d'IMF, il s'agit de la première fois que GNI Management Group Inc. s'étend au-delà de l'Ontario depuis sa fondation en 1980.

"Notre mission est de construire des communautés plus sûres, plus efficaces sur le plan énergétique et plus durables à travers le Canada", a déclaré Maginas. "FMI, avec Marcel et son équipe, représente le talent que nous continuerons à rechercher afin de devenir le chef de file canadien des services d'isolation et de science du bâtiment".

Ironbridge Equity Partners, la société propriétaire de GNI Management Group Inc., est une équipe de quatorze professionnels de l'investissement qui investissent dans des entreprises canadiennes du marché intermédiaire inférieur exerçant leurs activités dans un large éventail de secteurs, notamment la fabrication, la distribution et les produits et services destinés aux consommateurs et aux entreprises. Ironbridge possède une vaste expérience financière et opérationnelle et travaille en étroite collaboration avec la direction de son portefeuille d'entreprises pour en accroître la valeur.

Pour plus d’informations, veuillez contacter :

Bill Maginas
PDG
GNI Management Group Inc.
bmaginas@gni.ca
gni.ca

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