Tecnic Group Canada
Website:
Location:
Laval, Québec
Vehicle:
Fund Ⅲ - Tecnic Fund - unrealized
Inv. Date:
November 2022

 

Founded in 1985, Groupe Tecnic 2000 and École de conduite Tecnic Rive-Nord (together “Tecnic Group Canada”) operate the largest network of driving schools in North America with more than 160 driving schools in Quebec, serving more than 70,000 new students each year. Tecnic Rive-Nord represents the largest franchisee of Groupe Tecnic with 51 driving schools strategically located on the North Shore of Montreal, Laurentides, Mauricie and Outaouais.  The network holds a dominant position in the Quebec market thanks to its geographical reach and the development of an unparalleled brand image.

Key Investment Attributes:
  • Dominant market leader with the highest brand awareness in Quebec
  • Driver training market in Quebec is stable and supports continued organic growth
  • Opportunity to use existing platform to become the consolidator of choice in a fragmented market
  • Several profitable new growth opportunities in adjacent markets