Caisse de dépôt et placement du Québec’s Majority Investment in Barrette Outdoor Living


Osler, Hoskin & Harcourt LLP advised Caisse de dépôt et placement du Québec, while Moelis & Company LLC and PricewaterhouseCoopers Corporate Finance Inc. served as financial advisors to Barrette Outdoor Living.

TorQuest Partners and Caisse de dépôt et placement du Québec (CDPQ) announced a majority investment in Barrette Outdoor Living Inc.(BOL), North America’s leading manufacturer of wood-alternative fence and railing products. TorQuest and CDPQ are partnering in this transaction with BOL’s owner, Les Entreprises Barrette Ltée, who will retain a significant minority interest in the Company, and BOL’s management team, led by CEO Jean desAutels.

Terms of the transaction were not disclosed.

Barrette Outdoor Living is the leading North American supplier of exterior home products to the residential market. It manufactures and sells vinyl, aluminum and steel fence and railing; composite decking; and other outdoor products sold through specialty retailers, home centers and lumberyards.

Founded in 2002, TorQuest Partners is a Canadian-based manager of private equity funds.

Caisse de dépôt et placement du Québec is a long-term institutional investor that manages funds primarily for public and para-public pension and insurance plans.

The Osler, Hoskin & Harcourt LLP team consisted of Niko Veilleux (Picture), Calvin Leung and Jordana Corber-Tovel (Corporate).

Involved fees earner: Jordana Corber-Tovel – Osler Hoskin & Harcourt; Calvin Leung – Osler Hoskin & Harcourt; Niko Veilleux – Osler Hoskin & Harcourt;

Law Firms: Osler Hoskin & Harcourt;

Clients: Caisse de dépôt et placement du Québec (CDPQ);

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Author: Ambrogio Visconti