Oliva Capital invests in Équipments JP, a retail business based in Repentigny
|14 April 2020
MONTREAL, April 14, 2020 – Oliva Capital announced today an investment in Équipments JP, a retail business specializing in all equipment needs including Batteries Expert, Honda, DeWALT, Hustler and Jonsered.
With Les Pépinères Trussart already being in its active investments, Oliva Capital saw the investment in Équipements JP as complementary in order to offer a new range of services to its customers. In addition, with its experience in the industry, Équipements JP operations will be taken to the next level in the coming months.
“The arrival of the team of Oliva Capital in Équipements JP will allow us to have the support to allow a structured business succession and to have the means of our ambitions” commented Jean-Philippe Piché, son of the founders and active in the company for more than 10 years.
“We are very pleased with this announcement and to work with Équipements JP. We have great confidence in Jean-Philippe Piché and are very excited about the arrival of Daniel Beaudet in the team ” commented Julien Trussart, partner at Oliva Capital.
About Équipements JP
Équipements JP is a retail business founded in 1985 and based in Repentigny. It is the specialist in fulfilling every equipment needs for all seasons whether it is for the yard or the cottage. Équipements JP maintains several product lines including Batteries Expert, Honda, DeWALT, Hustler and Jonsered. For more information, go to https://www.equipementsjp.ca/.
About Oliva Capital
Oliva Capital is a Montreal investment fund founded in 2019. Its primary mandate is to create lasting value in the companies in which it invests, as well as in the communities in which it works. For more information, visit https://oliva.capital/.
Contacts
Équipements JP
Jean-Philippe Piché
General manager
Oliva Capital
Julien Trussart
Partner