Demers Ambulances
Beloeil, Quebec
Fund Ⅲ - unrealized
Inv. Date:
November 2016, January 2018, August 2018, December 2019 and April 2021

Demers Ambulances is the clear leader in the ambulance manufacturing industry in Canada with a leading position across North America. Demers is well recognized in the market for its high-quality, highly-engineered products which allowed the Company to strongly expand into the U.S. over the past years. Managed by a seasonal and experimented management team, Demers benefits from over 50 years of success with more than 15,000 ambulances sold to customers in over 20 countries in North America, Latin America, the Middle East, Africa and Europe.

Key Investment Attributes:
  • Market leader in in ambulance manufacturing in Canada and dominant player in the U.S.
  • Strong industry fundamentals supported by solid demographic trends
  • Attractive, scalable platform to consolidate the Canadian and U.S. markets with the ability to expand worldwide footprint and diversify product offering
  • Experienced, aligned management team