In the news release, Alfar Capital Unites Québec's Largest Re-Roofing Workforce to Build an Eastern Canadian Leader, Alongside Walter Capital, issued 14-Jul-2026 by Alfar Capital Management GP Inc over PR Newswire, we are advised by the company that changes have been made. The complete, corrected release follows, with additional details at the end:

Toitures Couture and Couverture Montréal-Nord Announce Strategic Partnership, Backed by Alfar Capital and Walter Capital Partners, to Lead Re-Roofing Consolidation in Eastern Canada

MONTREAL, July 14, 2026 /CNW/ - Toitures Couture, specializing in re-roofing and maintenance services for commercial and industrial property owners and managers, and Couverture Montréal-Nord, with an established and complementary presence in large-scale institutional and public-sector re-roofing, announce a strategic partnership to pursue a disciplined growth strategy focused on scaling operations, expanding service capabilities, and selectively partnering with best-in-class contractors to build the leading re-roofing platform in Eastern Canada. 

The support of Alfar Capital and Walter Capital Partners, two Montréal-based entrepreneurial private equity firms, strengthens the platform's corporate development and acquisition capabilities, as well as its access to growth capital.

This first partnership brings together 330 skilled workers, the largest roofing workforce in Québec, and lays the foundation for future partnerships with high-quality companies, as the platform seeks to accelerate growth in a labour-constrained and fragmented market by partnering with like-minded entrepreneurs committed to taking the lead in forming an Eastern Canadian leader together.

Both companies will continue to operate with their respective teams, brands, headquarters, customers, and leadership managing day-to-day operations, while identifying the best opportunities for collaboration and maintaining their longstanding commitment to quality.

The combined expertise of Toitures Couture and Couverture Montreal-Nord spans the full spectrum of services, end-markets and sales channels for customers in the Greater Montreal Area, setting the stage for the acceleration of growth initiatives and expansion through future partnerships across the rest of Québec, Ontario and the Maritimes.

"This partnership allows us to go even further in our commitment to raising the standards of our industry by putting forward the strategy, expertise and culture that have made us a reference," said Maryse Couture, CEO of Toitures Couture.

Pierre-Olivier Nadeau, President of Couverture Montreal-Nord, commented: "We are bringing together complementary expertise, significant resources and a shared vision for long-term growth. While preserving the identities that have made each of us successful, this partnership will allow us to accelerate our development, better serve our clients and play a leading role in the consolidation of the re-roofing market in Eastern Canada."

"Toitures Couture's unmatched focus on maintenance in Quebec through its dedicated service division, combined with Couverture Montreal-Nord's distinctive technical capabilities in complex institutional projects, lays the foundation for a best-in-class operational blueprint from which we are launching our platform," said Éric Phaneuf, President at Walter Capital Partners.

"Roofing in Eastern Canada is still fragmented, and we're taking the opportunity to bring together two of the most respected names in Québec roofing. Together, they set a new standard for the region," said Fares Kabbani, Founder of Alfar Capital.

Scotiabank acted as lender in connection with the transaction. CAFA Corporate Finance (Philippe Rodrigue) acted as financial advisor to Toitures Couture. Fasken acted as legal counsel to Alfar Capital and Walter Capital Partners, and KPMG LLP as financial and tax due diligence advisor.

About Alfar Capital
Alfar Capital is a private equity fund for entrepreneurs that uses a diverse playbook to achieve superior returns. The company's team of proven entrepreneurs with a long-standing track record of successful partnerships understands the challenges that business owners face and has the operational expertise to support their long-term growth ambitions.
www.alfarcap.com

About Walter Capital Partners
Walter Capital Partners is an entrepreneurial private equity firm focused on sustainable growth and long-term value creation in partnership with mid-sized businesses. The firm works closely with entrepreneurs and management teams, providing financial, strategic, M&A, and operational support to accelerate growth through a long-term approach rooted in the belief that building strong businesses requires time and conviction.
www.waltercapital.ca

About Toitures Couture
Founded in 1981, Toitures Couture is an established re-roofing contractor serving industrial and commercial property owners and managers. The company provides re-roofing services, as well as inspection, repair and maintenance services through its dedicated Groupe Maintenance Couture division. With over 45 years of experience and more than 130 employees, Toitures Couture has built a strong market position as a trusted partner with recognized expertise in complex industrial projects.
www.toiturecouture.com/en/

An earlier version of this release incorrectly was not the final version

SOURCE Alfar Capital Management GP Inc