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
*********
- Legal Name Savaria Corporation
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Annual Revenue
$603.11 M (USD)3.68as on Dec 31, 2024
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Net Profit
$33.72 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.
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Funding Insights of Savaria
- Total Funding Total Funding
- Total Rounds 3
- Last Round Post-IPO — $46.4M
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First Round
First Round
(13 May 2015)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Post-IPO - Savaria | Valuation |
investors |
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| Apr, 2019 | Amount | Post-IPO - Savaria | Valuation |
investors |
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| May, 2015 | Amount | Post-IPO - Savaria | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment strategies are provided across diverse asset classes and markets.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location | |
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Merger and acquisition advisory services are provided for mid-market clients.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
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. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Manufacturer of medical slings
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2012 | ||||
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Home elevators and wheelchair lifts are repaired and maintained.
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2009 | ||||
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Provider of facility management services
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Savaria
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Savaria Comparisons
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. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Elevator maintenance and repair services are provided worldwide.
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| domain | founded_year | HQ Location |
Elevators, escalators, and maintenance services for buildings are provided.
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| domain | founded_year | HQ Location |
Management consulting, business, and infrastructure services are provided.
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| domain | founded_year | HQ Location |
Provider of premier elevator inspection services
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| domain | founded_year | HQ Location |
Provides comprehensive solutions for vacuum home lifts and residential elevators.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Savaria
Frequently Asked Questions about Savaria
When was Savaria founded?
Savaria was founded in 1979 and raised its 1st funding round 36 years after it was founded.
Where is Savaria located?
Savaria is headquartered in Laval, Canada. It is registered at Laval, Quebec, Canada.
Who is the current CEO of Savaria?
Marcel Bourassa is the current CEO of Savaria. They have also founded this company.
How many employees does Savaria have?
As of Dec 31, 2024, the latest employee count at Savaria is 2,530.
What is the annual revenue of Savaria?
Annual revenue of Savaria is $603.11M as on Dec 31, 2024.
What does Savaria do?
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.
Who are the top competitors of Savaria?
Savaria's top competitors include KONE, TK Elevator and Schindler.
Is Savaria publicly traded?
Yes, Savaria is publicly traded on TSX under the ticker symbol SIS.
How many acquisitions has Savaria made?
Savaria has made 9 acquisitions, including D-ansermed.com, Garaventa Lift, and HES Elevator Services.
Who are Savaria's investors?
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.
What is Savaria's ticker symbol?
The ticker symbol of Savaria is SIS on TSX.
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