Lussier

Transaction overview

Reported completed

Exact closing date not established.

Sagard Private Equity Canada and Desjardins became minority shareholders in Lussier, whose services include insurance, employee benefits, financial planning and group annuities. The Lussier family retained a majority interest and independent leadership. Sagard’s 2025 policy identifies Sagard Holdings Manager LP as the investment manager of Sagard Private Equity Canada; this describes the sponsor-manager relationship, not a stated direct balance-sheet purchase. Individual ownership percentages and the exact closing day were not disclosed.

Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.