TorQuest Partners and Caisse de dépôt et placement du Québec announce investment in Barrette Outdoor Living

On November 3, 2020, TorQuest Partners ("TorQuest") and Caisse de dépôt et placement du Québec ("CDPQ") announced a majority investment in Barrette Outdoor Living Inc. ("BOL"). 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.

Further information can be found on Canada Newswire's website.

Barrette Outdoor Living is North America's leading manufacturer of wood-alternative fence and railing products.

TorQuest Partners is a Canadian-based manager of private equity funds. With more than CA$3 billion of equity capital under management, TorQuest is currently investing from TorQuest Partners Fund IV, a C$925 million fund that closed in June 2016.

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. As at June 30, 2020, it held C$333 billion in net assets. As one of Canada's leading institutional fund managers, CDPQ invests globally in major financial markets, private equity, infrastructure, real estate and private debt.