La Caisse and BMO Capital Partners invest $20 million in Québec-based Nautilus Plus

La Caisse and BMO Capital Partners invest $20 million in Québec-based 
Nautilus Plus 
MONTRÉAL, Nov. 18, 2013 /CNW Telbec/ - La Caisse de dépôt et placement du 
Québec and BMO Capital Partners today announced a major investment in 
Corporation de développement Nautilus Plus inc. (Nautilus Plus), which owns 
the largest corporate network of fitness centres in Québec. 
The investment, made equally by la Caisse and BMO Capital Partners, will 
enable them to acquire a block of shares of the company and Nautilus Plus to 
continue expanding its network. 
"This financing enables us to support a well-established Québec company that 
has become a leader in its industry," stated Normand Provost, Executive 
Vice-President, Private Equity, of la Caisse de dépôt et placement du 
Québec. "With its expansion of recent years, Nautilus Plus has increased its 
market share and offers our depositors attractive long-term returns." Once 
again, la Caisse is partnering with Novacap, an important private equity 
player that is very involved with Québec companies. 
"BMO Bank of Montreal is very proud to partner with Novacap and la Caisse to 
support Nautilus Plus, a dominant player in Québec's fitness centre sector," 
said Richard Côté, Vice-President, Corporate Finance Division, Québec. "We 
believe the financial products and solutions offered to Nautilus Plus with 
this financing will help it pursue and even go beyond its long-term growth 
"Nautilus Plus is developing and implementing an expansion plan. In such a 
context, this investment is vital," stated Domenic Mancini, Chairman of 
Nautilus Plus and General Partner of Novacap Industries. "Novacap, BMO and la 
Caisse have been working together for more than 30 years and are the ideal 
partners for companies with strong potential. Like us, BMO Capital Partners 
and la Caisseassist Québec companies with their long-term expansion plans," 
stated Jacques Foisy, President of Novacap Industries, which has been a 
Nautilus Plus partner since 2008. 
Nautilus Plus President and Chief Executive Officer Richard Blais said he was 
complimented by his prestigious new partners' interest and confidence in the 
company and enthusiastic about pursuing its growth with their support. 
Nautilus Plus, founded 35 years ago, has 67,000 members and employs more than 
1,200 people, including 500 personal trainers and nutritionists. The company 
is a standout in its it sector with its high-quality fitness and nutrition 
services. It operates a network of 39 fitness centres mainly in the Montréal 
and Québec City areas as well as in the Outaouais region. 
La Caisse de dépôt et placement du Québec is a financial institution that 
manages funds primarily for public and private pension and insurance plans. As 
at June 30, 2013, it held $185.9 billion in net assets. As one of Canada's 
leading institutional fund managers, la Caisse invests in major financial 
markets, private equity, infrastructure and real estate globally. For more 
BMO Capital Partners is a leading provider of junior capital, including 
subordinated debt and equity capital to mid-market companies across Canada. 
With $400 million in committed capital and offices across Canada, BMO Capital 
Partners invests up to $20 million in companies. The proceeds are typically 
used for acquisitions, buyouts, capital expenditures/expansions, 
restructurings and working capital for growth. Since its inception in 1996, 
BMO Capital Partners has closed more than 195 transactions. BMO Capital 
Partners is a member of BMO Financial Group(™), one of the largest financial 
services providers in North America. 
With $790 million in assets under management, Novacap is one of Canada's 
leading private equity firms. Since 1981, its distinct partnership strategy 
based on operational expertise has helped many companies accelerate growth and 
maximize value. Novacap is one of North America's top private equity firms. 
For more information, visit

SOURCE  Caisse de dépôt et placement du Québec 
Caisse de dépôt et placement du Québec Jean-Benoît Houde Media Relations 
514 847-5493 
BMO Capital Partners Ronald Monet Corporate Communications 514 877-1873 
Novacap Industries Domenic Mancini General Partner 450-651-5000 
To view this news release in HTML formatting, please use the following URL: 
CO: Novacap
ST: Quebec
-0- Nov/18/2013 15:01 GMT
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