WelchGroup advised Deslaurier Custom Cabinets with sale to Cyril Leeder, Bernie Ashe, James Maxwell and more

WelchGroup advised Deslaurier Custom Cabinets with sale to Cyril Leeder, Bernie Ashe, James Maxwell and more

OTTAWA, July 16, 2018 – WelchGroup Consulting, a subsidiary of Welch LLP, served as the exclusive financial advisor to Deslaurier Custom Cabinets (DCC), Ottawa’s leading manufacturer of custom cabinetry, in connection with the sale to a local shareholder group.

The new group of DCC shareholders includes:

  • James Maxwell, Entrepreneur and CEO of Investment Partners Group
  • Cyril Leeder, former President and co-founder of the Ottawa Senators
  • Bernie Ashe, former CEO of Ottawa Sports & Entertainment Group (OSEG) and KOTT Group
  • Mike Deslaurier, son of company Founder Jim Deslaurier and DCC’s current Director of Operations
  • Tyler Leeder, CPA and most recently of Deloitte’s Ottawa office

With an established network of over 30 dealers across Ontario, Deslaurier has numerous opportunities for continued growth which will be supported by the new management team.

The terms of the transaction were not disclosed.

About Deslaurier Custom Cabinets

For more than 35 years, Deslaurier Custom Cabinets has been the leader in the design, manufacturing, installation and servicing of cabinetry in Ottawa and surrounding areas. The company operates effectively in a number of business channels that include some of the region’s top, award winning builders and renovators and a dealer network that represents the Deslaurier brand throughout Ontario. In addition, the company has a highly trained professional design team that deals directly with home owners on their new or renovated kitchens. The company operates its manufacturing plant in Renfrew and has showrooms in Ottawa (Baxter Road) and Renfrew.

For more information, visit https://deslaurier.ca

About James Maxwell

James was a successful entrepreneur in automotive distribution and is currently a professional investor in retail, corporate furniture sales, water management, financial management and land development.

About Cyril Leeder

Cyril Leeder is a successful prominent Ottawa businessman who was one of the founders of the Ottawa Senators Hockey Club, serving as their President and COO for more than 15 years. He has been an active member of the Ottawa business community for over 35 years.

About Bernie Ashe

Bernie is a successful Ottawa businessman, was the CEO of three companies: AiT, KOTT Group and most recently the Ottawa Sports and Entertainment Group (OSEG).

About WelchGroup Consulting Inc.

WelchGroup Consulting Inc. is a corporate finance and business advisory firm. For more information on WelchGroup Consulting, please contact Stephan May at smay@w-group.com or visit https://w-group.com

For more information click the following links:

Inside Ottawa Valley   Ottawa Citizen   Ottawa Business Journal

Candace Enman Earns Her Certified Management Consultant Designation

Candace Enman Earns Her Certified Management Consultant Designation

Candace Enman, WelchGroup Consulting’s President successfully earned her Certified Management Consultant designation.

The Certified Management Consultant, (CMC) designation is an international certification mark, recognized in more than 40 countries. This certification represents a commitment to the highest standards of consulting and adherence to the ethical canons of the profession.

How will clients benefit from Candace’s CMC designation?

  • More valuable advice based on Candace’s broad industry knowledge and access to a range of best practices from CMC-Canada.
  • Guarantee of integrity, transparency, and accountability through adherence to the Uniform Code of Professional Conduct.
  • Access to the people and expertise beyond the consulting firm if necessary.
  • Confidence of working with a consultant with certified credentials and a strong reputation in the business.

Congratulations Candace!

WelchGroup supports the Women’s Business Network Charity Golf Tournament

Candace Enman and Hye-min Lee of WelchGroup Consulting were proud to have participated in the 24th Annual Women’s Business Network Charity Golf Tournament, helping to raise funds to support the Healthy Women Healthy Community initative by the Ottawa Hospital Foundation on June 20th.

Welchgroup Consulting Acquires Capacity Financial

Welchgroup Consulting Acquires Capacity Financial

OTTAWA, ON – July 4, 2018 – WelchGroup Consulting is excited to announce that it has acquired Capacity Financial Consulting Inc., a local boutique professional services firm providing business valuations, financial consulting and transaction advisory services to both the private and public sector. Through this acquisition, WelchGroup Consulting will welcome Adam Nihmey, CFA, CBV, as our Managing Director of Valuation and Litigation Support.
Read more

Candace Enman Recognized by the Ottawa Network For Education

Candace Enman Recognized by the Ottawa Network For Education

Candace Enman, President of WelchGroup Consulting, has recently been recognized as one of the Ottawa Network for Education (ONFE)’s long-standing monthly donors.

“I have worked with many not-for-profit organizations over the years, and as a finance professional I get to see how they operate. Based on that experience, I decided to give to ONFE’s Core programming instead of to one specific program. While the School Breakfast Program touches my heart, I have seen first-hand how it takes a whole organization to create and run successful programs. If private enterprise had as many restrictions on spending as not-for-profits, I think they would fail!” Candace explains.

“It’s important to me that no child is left behind, whether we’re talking about technology, learning support, or nutrition. I give monthly to the Ottawa Network for Education to make sure that doesn’t happen here in Ottawa.”

The Ottawa Network for Education partners with all four school boards and works side-by-side with teachers to meet the complex needs of our children and youth in both English and French. No other community organization has the same reach and ability to deliver much-needed programs to schools across the region. Read more about the work ONFE does.

View Candace’s full interview

WelchGroup advised Standard Innovation Corporation with their sale to Womanizer

WelchGroup advised Standard Innovation Corporation with their sale to WomanizerOTTAWA, June 5, 2018 /CNW/ – WelchGroup Consulting, a subsidiary of Welch LLP, served as the financial advisor to Standard Innovation Corporation, the manufacturer of the world’s number one vibrator for couples, We-Vibe®, in connection with the sale to Womanizer, Europe’s leading manufacturer of intimate stimulation devices.

The combined entity will capitalize on their unique and respective strengths – including an extensive product portfolio, great innovations in technology, and a well-developed global distribution network, thus positioning them as a global powerhouse in the sexual wellness industry.

The terms of the transaction were not disclosed.
Read more

Indian Business Delegation visit to Ottawa – Sami Kabir

Indian Business Delegation visit to Ottawa – Sami KabirSami Kabir, Senior Associate at WelchGroup Consulting, recently spoke on the Investing in Canada panel at the conference “Indian Business Delegation Visit to Ottawa” on Monday June 4th. This conference included over 50 leading Indian businesses visiting Ottawa. The Investing in Canada panel featured business leaders sharing insights on how to successfully invest in Canada, and India to ensure high returns on investments.

Read more

WelchGroup advised ADGA on recent acquisition

WelchGroup advises ADGA on recent acquisitionOTTAWA, MARCH. 8, 2018 News – WelchGroup Consulting, a wholly-owned subsidiary of Welch LLP, served as the exclusive financial advisor to ADGA Group Consultants, a decades-old defence services company in Ottawa, in connection with the acquisition of Extravision Video Technologies, a privately-held video security and surveillance technologies company. The terms of the transaction were not disclosed.

About ADGA GROUP CONSULTANTS INC.

ADGA is a privately owned and operated Canadian company employing over 800 highly skilled individuals who apply their knowledge and expertise in service delivery of advanced technology solutions for clients in the Defence, Security, and Enterprise Computing markets across Canada. www.adga.ca
Read more

Candace Enman speaks on Association of International Certified Professional Accountants’ panel

Candace Enman speaks on Association of International Certified Professional Accountants’ panelPresident of WelchGroup Consulting Candace Enman was invited to participate on the panel at AICPA’s “Integrated Thinking: Effective Decision Making Within Business”.

The event lead to a thought provoking discussion on how CFOs and business executives can leverage information from multiple business units to make informed decisions. Also on the panel were Christine Allison- VP of MD Financial Management Inc., David Ewart- President of EM Consulting, and David Stanford, President of CIMA and Vice Chairman of AICPA.

WelchGroup Consulting’s Cody Sorensen leads the way at Red Pine Camp

WelchGroup Consulting’s Cody Sorensen leads the way at Camp Red PineAs part of the Red Pine Leadership Camp (RPLC), Cody Sorensen, WelchGroup Consulting Senior M&A Associate and Olympian, spent some time with a group of students from St. Joseph Catholic High School. He had a blast walking them through his Olympic journey and experience to explore the week’s theme of self-confidence.

RPLC provides intensive leadership training for teens entering grades 7-11 in an exciting overnight camp environment. Leadership training includes a host of interactive activities that integrate communication, conflict resolution, team building, diversity and self-discovery.

Ottawa: 613.236.9191  |  Toronto: 647.288.9200

info@w-group.com
Buying a business, Selling a business or Building value in your business - our advanced services and support tools provide step-by-step advisory to achieve your business objectives.