May 23, 2024

The Queens County Citizen

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The FTQ Solidarity Fund is based on GCM Consultants

The FTQ Solidarity Fund is based on GCM Consultants

Fonds de solidarité FTQ announced on Monday that GCM Consultants is investing in the company to help third-generation shareholders take over the reins of the company.

“Transferring from one generation of shareholders to another is a big challenge for a company the size of GCM consultants. Financial, tax, legal and above all human issues can be many, ”explained Peter Race, Regional Vice President of Funds Regional de Solidarity FTQ Montreal.

Founded in 1994, GCM Consultants provides mechanical reliability consulting services in the industrial sector, helping industries across the country in their digital transformation, energy transition and environmental resolution.

“Thanks to world-renowned engineering schools, the incredible legacy of Quebec engineers can be counted on. These engineers must have access to long-term capital so that they can realize their dreams here and elsewhere and help Quebec to face many environmental and technological challenges in the years to come,” said Vice President. , Vice President, Aerospace, to illustrate this new step in the partnership that will unite Funds de Solidarity and GCM from 2019, Funds de Solidarity FTQ’s Transportation and Services (Private Placements and Impact Investing).

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