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Jonathan Tétrault, managing partner at Sagard, will become chief executive of the combined platform. 

He says in a statement that the partnership will help Sagard’s push to become a leader in middle market private equity, and in its expansion efforts across Europe and Asia.

Sagard says the new platform will expand both its geographic reach and product scope for institutional and high net worth investors. 

Through the combination, Sagard with manage about US$44 billion in total assets after the deal closes.

This report by The Canadian Press was first published Sept. 23, 2025.

Companies in this story: (TSX:POW)