MONTREAL, June 25, 2024—Dissan Group (“Dissan”), the largest group of independent distributors of hygiene and professional cleaning solutions, is pleased to announce its partnership with BDC Capital, through its Growth Equity Partners Fund II. This investment has supported Dissan in the acquisition of three of its member-distributors, Produits Capital, Sani-Sol and Sanixel. This transformative transaction marks the inception of Dissan’s national growth plan through M&A.

Member-distributors and prior shareholders of acquired members remain significant shareholders and continue to support their clients daily, allowing Dissan to ensure management continuity and to maintain the strength of its network of member-distributors.

“We are highly impressed by the size and reach of Dissan’s network, by its established long-term relationships with its members and by its capacity to standout in a competitive market. BDC Capital recognizes Dissan’s tremendous potential to capture numerous growth opportunities in a fragmented market and in a demographic context where many business owners seek to exit within the next 10 years. Dissan is a valued partner to ensure business continuity and succession,” says Maxime Tourangeau, Partner, Growth Equity Partners.

“This strategic partnership aims to reinforce Dissan’s capabilities and resources to the benefit of its members and clients. We firmly believe that this collaboration is strengthening Dissan’s leadership position in the Jansan industry and will significantly contribute to its growth as a proud Canadian company,” adds Mario Lamarche, Chief Executive Officer of Dissan.

“BDC Capital brings to the table a valuable expertise in addition to a nation-wide network. Dissan will greatly benefit from the support of this new partner through its expansion projects,” adds Alex Trudel, Executive Vice-President of Dissan.

About Dissan

Since 1991, Dissan established itself as a key national player of the Jansan industry due to its broad array of quality products, its efficient client service, and its wide network of reliable and competent member-distributors. As a distributor and buying group, Dissan supports its members through its marketing offering, its supplier relationships and reliable procurement. The buying group has a dominant presence in the Canadian market through its geographical reach, with 50 locations across the country, its reputation and expertise. Visit www.dissan.com

About BDC Capital

BDC Capital is the investment arm of BDC, Canada’s bank for entrepreneurs. With over $6 billion under management, BDC Capital serves as a strategic partner to the country’s most innovative firms. It offers businesses a full spectrum of capital, from seed investments to growth equity, as well as fund investments, supporting Canadian entrepreneurs who have the ambition to stand out on the world stage. Visit bdc.ca/capital