Members of our mergers and acquisitions group are currently engaged in a major cross-border transaction between France and Québec, with the deal expected to close in the summer of 2025. As the Canadian legal advisor to Alvest Group (“Alvest”), Langlois is playing a key role in facilitating the majority stake acquisition by PAI Partners, a prominent private equity firm based in France. The completion of this transaction will result in PAI Partners replacing the Caisse de dépôt et placement du Québec (CDPQ) as a shareholder in Alvest, a French company that is a global leader in the design, assembly, distribution, and after-sales service of ground support equipment for the aerospace industry. Alvest operates in Canada through its subsidiaries Alvest Equipment Services (Canada) in Alberta, Sage Parts Canada in Ontario, and TLD Canada in Québec. This transaction showcases Langlois’ extensive knowledge and expertise in navigating complex transactions between France and Québec, forged over 30 years of strengthening robust business ties between these regions. Our deep experience has established us as a trusted leader, earning us an exceptional reputation in France.
Read the official announcement from PAI Partners
The M&A team overseeing this transaction is also drawing on the expertise of several Langlois colleagues in areas such as commercial and corporate law, privacy protection, intellectual property, pension plans, as well as employment law and labour relations.
Félix Bernard and Philippe Blais are leading the team and overseeing the corporate law aspects of the transaction. Several other professionals from the firm provided invaluable support, lending their expertise across various areas of the deal, including Cassidy Milroy, Antoine Rancourt, Ilona Bois-Drivet, Yann Canneva, Eric Alexandre Guimond, Tina Hobday, and Emmanuelle Atongfor.
Information:
Mélissa Rina Shriqui
T +1 438 844 7800
M +1 514 951 0553