Press release | Richter Acted as Exclusive Seller and Tax Advisor to Les Espaces Memoria Inc.
January, 2023 – Richter acted as seller and tax advisor to Les Espaces Memoria Inc. (“Memoria”), in the partnership of the business with Athos Commemorative Service. Established in Quebec for more than four generations, Memoria offers funeral services and support, to honour memory and celebrate life in the Montreal Area.
The transaction was led by Richter’s Joe Lo Dico and supported by Jean Desrochers, Mitch Stein, Alain Pérusse, Nadia Ahmed, Joël Dubois and Eric Marineau.
Athos Commemorative Services is a Quebec-based business founded in 2010 to offer an alternative to the wave of acquisitions by foreign multinationals in this industry. This transaction highlights Richter’s ability to navigate the transaction process and find the right partners for its clients. Richter would like to congratulate the team at Memoria and Jocelyne Dallaire-Légaré and Julia Duchastel-Légaré and wish them success in this next chapter of Memoria’s storied history
Richter is a Business | Family Office that provides strategic advice on business matters and on families’ financial and personal objectives across generations. With close to 100 years of experience advising at the intersection of family and business, Richter has developed an integrated approach to help business owners find sustainable success. Whether business, personal, or both, Richter is uniquely positioned to address the needs of Canada’s most successful entrepreneurs, private clients, business owners and business families and help them chart a clear path to shape their legacy for the future. Founded in 1926, Richter’s 600-person multidisciplinary team continuously innovates to create value for our people, clients, and community in Canada and in the US.
About Athos Commemorative Services
Athos Commemorative Services is a Quebec-based business founded in 2010 to offer an alternative to the wave of acquisitions by foreign multinationals in this industry. Thanks to this network, local businesses have been able to strengthen and improve their services while being more competitive, to the great benefit of their clients. The group and its brands offer personalized services of the highest quality while respecting the beliefs and customs of the deceased and their families. Our goal is to protect and maintain the standards of excellence gained over the years while adapting to the new realities and trends of today’s funeral services industry.
For more information, visit www.athos.ca
As a family business that has been well established in Quebec for more than four generations, Memoria knows that every life is a story that deserves to be told, celebrated, and never forgotten. This local business serves grieving families with respect and compassion, offering a variety of ideas, gestures, innovations and places dedicated to commemoration.
For more information, visit www.memoria.ca