Sagard was founded in 2002 on the initiative of Power Corporation of Canada.
Sagard invests in companies valued at more than EUR 100 million that are leaders in their markets, primarily in French-speaking European countries. Working with company management, it supports them in their growth.
Sienna Capital & Sagard
GBL agreed to invest in the first Sagard fund (Sagard I) for an amount of EUR 50 million. During the financial year 2006, GBL invested an initial amount of EUR 150 million in the fund’s successor, Sagard II, reduced in 2014 to EUR 113 million. In 2013, Sienna Capital participated in the launch of Sagard 3, making a commitment to invest EUR 200 million. Sienna Capital receives certain preferential financial terms in relation to its support of
Financial year 2016
During the year, Sagard II completed the sale of its participation in FläktWoods. Furthermore, Sagard 3 invested a.o. in Prosol - Grand Frais. Sagard 3 raised EUR 404 million of additional capital. Sienna Capital committed an additional amount of EUR 17 million in this context.