About Savaria
Savaria is a company based in Laval (Canada) founded in 1979 by Marcel Bourassa. The company has 2,530 employees as of December 31, 2024. Savaria has completed 9 acquisitions, including D-ansermed.com, Garaventa Lift and HES Elevator Services. Savaria operates in a competitive market with competitors including Schindler, KONE, TK Elevator, ATIS Elevator Inspections and Nibav Home Lifts, among others.
- Headquarter Laval, Canada
- Employees 2530 as on 31 Dec, 2024
- Founders Marcel Bourassa
- Stage Public
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Savaria Corporation
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Annual Revenue
$603.1 M (USD)3.68as on Dec 31, 2024
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Net Profit
$33.71 M (USD)28.19as on Dec 31, 2024
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EBITDA
$95.15 M (USD)9.55as on Dec 31, 2024
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Latest Funding Round
$46.36 M (USD), Post-IPO
Sep 06, 2023
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Investors
TD Securities
& 4 more
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Employee Count
2530
as on Dec 31, 2024
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Investments & Acquisitions
D-ansermed.com
& 8 more
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IPO & Listings of Savaria
Savaria is a publicly listed company on the TSX with ticker symbol SIS in Canada, operating in the Consumer durables sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
People of Savaria
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Funding Insights of Savaria
Investors in Savaria
Savaria has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include TD Securities, Caisse de depot et placement du Quebec and Cormark Securities.
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Investment strategies are provided across diverse asset classes and markets.
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Merger and acquisition advisory services are provided for mid-market clients.
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Investor details for Savaria
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Investments & Acquisitions by Savaria
Savaria has strategically engaged in corporate development activities, having acquired 9 companies. Notable acquisitions include D-ansermed.com, Garaventa Lift and HES Elevator Services.
Investment portfolio details for Savaria
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- Portfolio identities
- Transaction dates
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Manufacturer of medical slings
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Locked | Locked | 2012 | Locked | |
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Home elevators and wheelchair lifts are repaired and maintained.
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Locked | Locked | 2009 | Locked | |
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Provider of facility management services
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Locked | Locked | 2007 | Locked |
Complete acquisition details for Savaria
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- Acquired stakes
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Financial Statements - Savaria
Detailed financials for Savaria
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Savaria Comparisons
Peer comparison for Savaria
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Competitors of Savaria
Savaria operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Schindler, KONE, TK Elevator, ATIS Elevator Inspections and Nibav Home Lifts, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Elevator maintenance and repair services are provided worldwide.
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Elevators, escalators, and maintenance services for buildings are provided.
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Management consulting, business, and infrastructure services are provided.
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Provider of premier elevator inspection services
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Provides comprehensive solutions for vacuum home lifts and residential elevators.
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Detailed competitors of Savaria
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Latest news on Savaria
Complete news archive for Savaria
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Frequently Asked Questions about Savaria
Savaria was founded in 1979 and raised its 1st funding round 36 years after it was founded.
Savaria is headquartered in Laval, Canada. It is registered at Laval, Quebec, Canada.
Marcel Bourassa is the current CEO of Savaria. They have also founded this company.
As of Dec 31, 2024, the latest employee count at Savaria is 2,530.
Annual revenue of Savaria is $603.1M as on Dec 31, 2024.
Savaria was established in 1979 in Laval, Canada, as a manufacturer and supplier in the mobility sector. Lifts and elevators are produced for residential, commercial, and accessibility applications. Operations encompass design, production, and distribution of these products, with a focus on vertical transportation solutions. Services extend to installation and maintenance, serving markets primarily in North America from the companys Canadian headquarters.
Savaria's top competitors include KONE, TK Elevator and Schindler.
Yes, Savaria is publicly traded on TSX under the ticker symbol SIS.
Savaria has made 9 acquisitions, including D-ansermed.com, Garaventa Lift, and HES Elevator Services.
Savaria has 5 investors. Key investors include TD Securities, Caisse de depot et placement du Quebec, Cormark Securities, Desjardins Capital Markets, and Laurentian Bank Securities.
The ticker symbol of Savaria is SIS on TSX.