MONTREAL, Nov. 15,
2023 /CNW/ - National Bank Private Investment
("NBPI") announces an investment in the cleaning services company,
CLEAN International Inc. ("CLEAN"), to enable the company to
progressively transition its leadership and speed up its dynamic
growth plan in the coming years. CLEAN is a market leader in the
cleaning services and agri-food sanitation industry in Quebec.
Based in Lévis in the Quebec
City region, CLEAN was founded in 1993 by entrepreneur
Daniel Labrie and has carved out an
enviable reputation and place in its market. The company is known
for its in-depth knowledge of the requirements in the agri-food and
industrial sectors, as well as for its forward-thinking recruitment
strategies. It employs more than 800 workers. CLEAN's recruitment
team excels in recruiting workers from abroad and looking after its
foreign workers' wellbeing. French language training is offered
directly by the company.
"CLEAN is fortunate to be able to count on a major investor like
NBPI. The possibilities offered to us are significant both in terms
of organic growth opportunities and those through acquisitions.
NBPI's support will allow us to orchestrate the progressive
transfer of the company's leadership to a new team of seasoned
managers and builders, while carrying out the next stage of our
growth plan," said Daniel Labrie,
President and Chief Executive Officer and founder of CLEAN.
"CLEAN is a great example of a company that prioritizes people,
excellence and diligence. CLEAN is now a key player in ensuring the
effective operation of several industrial and agri-food sites, and
its work methods allow it to serve an even wider range of clients.
National Bank Private Investment will help to implement a talented
management team and an experienced board of directors. They will be
able to count on our commitment to CLEAN's development, especially
our active support with mergers and acquisitions in this sector,"
said Luc Ménard, Executive Vice-President, Managing Director and
Head of Private Investments at National Bank.
About National Bank of Canada
With $426 billion in assets as at July 31, 2023,
National Bank of Canada, together
with its subsidiaries, forms one of Canada's leading integrated financial groups.
The Bank has approximately 30,000 employees in
knowledge-intensive positions and has been recognized numerous
times as a top employer and for its commitment to diversity. Its
securities are listed on the Toronto Stock Exchange (TSX: NA).
Follow the Bank's activities at nbc.ca or via social media.
About National Bank Private Investment
National Bank Investments Inc. does business under the
name National Bank Private Investment and manages the National Bank
SME Growth Fund, L.P. National Bank Private Investment
(NBPI) is a venture capital firm that offers diversified
investment opportunities to a clientele of seasoned investors from
the National Bank network. The capital raised provides support to
growing companies that wish to remain in control of their
development and work with long-term partners.
TM National Bank Private Investment is a
trademark of National Bank of Canada.
SOURCE National Bank of Canada