LOU-TEC Acquires Aerial Lift Company

LOU-TEC, a Quebec-based network of rental experts, has acquired Accès Location +, an aerial lift equipment rental specialist. With this acquisition, LOU-TEC clients, mainly contractors working in the industrial, commercial, and residential construction sectors, will have access to an expanded fleet of aerial lift equipment and a wide range of complementary equipment. LOU-TEC has 28 locations. It is supported by financial partners Sagard Private Equity Canada, Walter Capital, Investissement Québec, BDC Capital, and the Fonds de solidarité FTQ, which will enable the company to invest in technology and expand into new markets.