Fengate Private Equity
Launches CanPro
Roofing Partners Platform
First Partnership Announced with Toiture Perreault
TORONTO and MONTREAL, July 16, 2025 (GLOBE NEWSWIRE) – Fengate Private Equity, a division of Fengate Asset Management (“Fengate”), today announced the creation of CanPro Roofing Partners (“CanPro” or the “Company”), a pan-Canadian roofing platform, in partnership with industry veteran Dino DiVito, who joins as Chief Executive Officer. Fengate is managing this investment on behalf of the LiUNA Pension Fund of Central and Eastern Canada.
CanPro is committed to building a premier roofing platform by partnering with high-quality companies focused on the institutional, commercial, and industrial markets that offer roof replacement and maintenance services.
In parallel with the creation of CanPro, the company is pleased to announce its first partnership with Toiture Perreault, a leader in roof replacement serving the Greater Montreal Area. Its founder and president, Vincent Perreault, will continue to be actively involved in the business, focusing on expanding its presence across the Quebec market. He will retain a significant equity stake.
“We are very excited to launch CanPro Roofing Partners and to raise the standards for commercial roof replacement and maintenance in Canada,” says Mohit Kansal, Managing Director, Fengate Private Equity. “We will achieve this goal through partnerships and acquisitions of the best regional companies across the country. We are thrilled to begin this adventure alongside Vincent Perreault, the entire Toiture Perreault team, as well as Dino DiVito.”
“I am delighted to join this exceptional team to build a premier roofing platform across Canada,” adds Dino DiVito, CEO of CanPro. “With Fengate’s support, we have the resources and expertise to drive our growth – both organically and through strategic partnerships. Under Vincent’s leadership, Toiture Perreault has built a strong reputation through its customer service and impressive growth. Our strategy is clear: choose our partners carefully, ensuring they align with our long-term vision, and deliver sustainable value to all stakeholders.”
“Joining CanPro as a founding partner was a strategic decision for us,” adds Vincent Perreault, President of Toiture Perreault. “I believe we have a unique opportunity to become the national leader in roof replacement by bringing together the best roofing companies across Canada. With Fengate’s support and Dino’s leadership, we are building much more than just a platform — we are establishing a benchmark for quality, safety, and growth that will transform the future of commercial roofing in the country.”
Stikeman Elliott LLP and BDO Canada LLP acted as advisors to Fengate. McCarthy Tétrault LLP and RBC Mid-Market M&A acted as advisors to Toiture Perreault. Transaction terms were not disclosed.
About CanPro Roofing Partners
CanPro’s mission is to build a premier Canadian roofing platform by partnering with quality companies serving the institutional, commercial, and industrial markets, with a focus on roof replacement and maintenance. CanPro continues to explore new partnerships across Canada. Interested founders and advisors can learn more at canproroofingpartners.com.
About Toiture Perreault
Toiture Perreault, located in Blainville, Quebec, offers roofing services for commercial, institutional, industrial, and multi-residential clients. The company specializes in roof replacement, maintenance, and repair, combining rigour, expertise, and effective project management. For more information: www.toitureperreault.com
About Fengate Asset Management
Fengate Asset Management is a leading alternative asset manager with over $24 billion in assets under management, focusing on private equity, infrastructure, and real estate. With offices in Canada and the United States, Fengate leverages more than 50 years of entrepreneurial experience to generate superior investment results for its clients. The Fengate Private Equity division supports the growth of entrepreneurs through transformational investments. More information: www.fengate.com
