About Savaria
Savaria is a company based in Laval (Canada) founded in 1979 by Marcel Bourassa. The company has 2,530 employees. 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 2,530
- Founders Marcel Bourassa
- Stage Public
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website savaria.com
- Social LinkedIn X Facebook Instagram
- Legal Name Savaria Corporation
- Annual Revenue$667.2 M (USD)5.27as on Dec 31, 2025
- Net Profit$50.23 M (USD)41.76as on Dec 31, 2025
- EBITDA$120.18 M (USD)20.2as on Dec 31, 2025
- Latest Funding Round$46.36 M (USD), Post-IPO
Sep 06, 2023
- InvestorsTD Securities
& 4 more
- Employee Count2,530
- Investments & AcquisitionsD-ansermed.com
& 8 more
People of Savaria
57 people are tracked at Savaria (21 in leadership, 7 in board & advisors, 29 in team); the tracked headcount is 2,530.
| Name | Role | Group |
|---|---|---|
Marcel Bourassa | Founder & CEO | Leadership |
Sara Walsh-Rooney | Director Of Sales | Leadership |
Gary Ross | Sales Director Savaria | Leadership |
Joanne Pearson | Global Vice President, Human Resources | Leadership |
Bill Richardson | Executive Vice President | Leadership |
Alex Bourassa | President, North America Accessibility | Leadership |
Emma Bowker | Vice President, Global Procurement | Leadership |
Vaishali B. | Human Resources Business Partner | Leadership |
Jean-Philippe de Montigny | President, Accessibility – Eu, UK & Rest Of World | Leadership |
Robert Berthiaume | Engineering Vice President | Leadership |
Stephanie Inglis | Media Director | Leadership |
Jonathan Benoit | Director - R&d And Operations | Leadership |
Stephen Reitknecht | CFO | Leadership |
Mykhailo Sosnenko | Engineering Director | Leadership |
Jaime Galaviz E.m.b.a. | Vice President Of Sales | Leadership |
Mark Freeman | Managing Director Savaria Australia | Leadership |
Marjorie Yale | Director, Financial Reporting | Leadership |
Alison Harper | VP Of Marketing | Leadership |
Nicolas Rimbert | Vice President Corporate Development | Leadership |
Roberto Roche | Operations Director | Leadership |
37 more people are available in the full profile.
Complete people profiles for Savaria
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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.
- IPO date20 Mar 2003
- Listed onTSX: SIS
- Listed entitySavaria Corporation
- Exchange sectorConsumer durables
- ISINCA8051121090
- Share price29.16 CAD (-1.92% on the day) · 2026-10-07
- Market capitalisation2,105,444,226.00 CAD
- Price to earnings24.1
- EPS (diluted, trailing year)1.21 CAD
- Dividend yield1.93%
- Volume (last session)165,020
Financials of Savaria
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 913.5M CAD | 68.8M CAD | 164.6M CAD |
| 2024 | 867.8M CAD | 48.5M CAD | 136.9M CAD |
| 2023 | 837.0M CAD | 37.8M CAD | 125.0M CAD |
| 2022 | 789.1M CAD | 35.3M CAD | 118.4M CAD |
| 2021 | 661.0M CAD | 11.5M CAD | 95.6M CAD |
Detailed financial statements for Savaria
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Funding Insights of Savaria
- Total Rounds 3
- Last Round Post-IPO — $46.4M
- First Round $14.4M
(13 May 2015)
- Investors Count 5
All 3 funding rounds of Savaria with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 06 Sep 2023 | $46.4M | Post-IPO | – | – | |
| 24 Apr 2019 | $70.8M | Post-IPO | – | – | |
| 13 May 2015 | $14.4M | Post-IPO | – | – | – |
5 investors in total: 5 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investment strategies are provided across diverse asset classes and markets. | 1965 | cdpq.com | Quebec City, Canada | |
- | – | desjardinscapitalmarkets.com | - | |
Merger and acquisition advisory services are provided for mid-market clients. | 1981 | cormark.com | Toronto, Canada | |
Laurentian Bank Securities is engaged in providing financial services including fixed income trading and investment banking. | – | vmbl.ca | Montreal, Canada | |
M&A and corporate advisory services are provided across multiple sectors. | 1987 | tdsecurities.com | Toronto, Canada |
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.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Residential and commercial elevator installation and maintenance are provided. | westernelevator.com | – | 2000 | May 2025 | •••• | |
Products for transfer lifting and occupational safety | handicare.com | Stockholm, Sweden | 1986 | Jan 2021 | $409.7M | |
Manufacturer of medical slings | d-ansermed.com | Newton Abbot, United Kingdom | 2012 | Jun 2019 | •••• | |
Patient aids and rehabilitation products are manufactured and supplied. | silvalea.com | Newton Abbot, United Kingdom | 1993 | Jun 2019 | •••• | |
Installation services for wheelchair lifts and home elevators are provided. | garaventalift.com | Surrey, Canada | 1928 | Jul 2018 | $74.8M | |
Home elevators and wheelchair lifts are repaired and maintained. | heselevatorservices.com | Denver, United States | 2009 | Apr 2018 | $1.1M | |
Residential elevators, commercial lifts, and related products are supplied. | masterlifts.com.au | Pinkenba, Australia | 1996 | Dec 2017 | $2.3M | |
Provider of facility management services | visiliftelevators.com | Eaton, United States | 2007 | Aug 2017 | $5.0M | |
Patient handling equipment and services are supplied for healthcare settings. | spanamerica.com | Greenville, United States | 1970 | May 2017 | $80.2M |
Complete acquisition details for Savaria
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Timeline of Savaria
13 dated milestones of Savaria across 46 years, from founding to its latest funding, stage changes and deals.
- Founded Savaria is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $14.4M.
- Acquisition Acquires Span-America.
- Acquisition Acquires Visilift.
- Acquisition Acquires Master Lifts.
- Acquisition Acquires HES Elevator Services.
- Acquisition Acquires Garaventa Lift.
- Acquisition Acquires D-ansermed.com.
- Acquisition Acquires Silvalea.
- Acquisition Acquires Handicare.
- Funding Latest funding round, Post-IPO, of $46.4M.
- Acquisition Acquires Westernelevator.
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 | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| schindler.com | 1874 | Ebikon, Switzerland | – | 61,019 | Elevator maintenance and repair services are provided worldwide. | |
| kone.com | 1910 | Espoo, Finland | – | 55,075 | Elevators, escalators, and maintenance services for buildings are provided. | |
| tkelevator.com | 2002 | Delhi, India | – | – | Management consulting, business, and infrastructure services are provided. | |
| atis.com | 2013 | Saint Louis, United States | – | 168 | Provider of premier elevator inspection services | |
| nibavlifts.com | 2019 | Chennai, India | – | 1,207 | Provides comprehensive solutions for vacuum home lifts and residential elevators. | |
| johnsonliftsltd.com | 1963 | Chennai, India | – | 461 | Manufactures and installs lifts and escalators for buildings and infrastructure. | |
| champion-elevator.com | 2014 | New York, United States | – | 90 | Provides comprehensive residential and commercial elevator services. | |
| motum.se | 2013 | Stockholm, Sweden | – | – | Elevator installation, modernization, servicing, and repair solutions are provided. | |
| caltechlifts.co.uk | 1978 | Dundee, United Kingdom | – | 23 | Supplies, installs, and maintains lifts and stairlifts for commercial and residential clients. |
Detailed competitors of Savaria
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Latest news on Savaria
Complete news archive for Savaria
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Similar companies to Savaria
10 companies that operate in the same segment as Savaria (Facility & Event Management Services), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Live entertainment events and ticketing services are managed worldwide. | 2005 | Beverly Hills, California, United States | – | USD 25.2 B | 16,200 | |
Provider of facility & project management, advisory, general contracting, and real estate development services | 2010 | Mumbai, Maharashtra, India | USD 117.79 M | USD 62.85 M | 15,502 | |
Security solutions and business support services are provided globally. | 1998 | Delhi, Delhi, India | USD 54.68 M | USD 1.7 B | 192,810 | |
Elevators, escalators, and moving walkways are manufactured, installed, and serviced. | 1853 | Farmington, United States | – | USD 14.43 B | 72,000 | |
Provider of security solutions with manned guarding, logistics, alarms, cybersecurity, and private security internationally | 1976 | Madrid, Madrid, Spain | – | USD 2.17 B | 56,530 | |
Integrated facility management services are provided to businesses worldwide. | 1901 | Copenhagen, Denmark | – | USD 13.32 B | 326,480 | |
Provider of diversified physical security services | 1901 | London, England, United Kingdom | USD 541 M | – | – | |
Developer, operator, and franchisor of trampoline and active entertainment parks | 2004 | Provo, Utah, United States | – | – | 335 | |
Provider of diversified professional and investment management services | 1976 | Toronto, Ontario, Canada | – | USD 5.67 B | 22,940 | |
Ascential is integrated into Informa Group for B2B events. | 1947 | London, England, United Kingdom | – | USD 256.74 M | 3,611 |
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.
Savaria has 2,530 employees.
Annual revenue of Savaria is $667.2M as on Dec 31, 2025.
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.