Modern Group of Companies acquired by VINCI Construction
Modern Group of Companies is a construction and engineering company in New Brunswick that was supported by Doane Grant Thornton’s M&A throughout the transaction process.

Supporting a seamless transition that honours legacy and empowers the next generation
Headquartered in Brantford, Ontario, Apogee Ceramics Inc. (Apogee) is a specialized ceramic manufacturer serving industrial, commercial, and residential markets across North America, Europe, and Asia. The company produces infrared plaques, custom refractory, foundry products, and technical ceramics.
Led by the founders, Apogee has grown into a respected name in the industry since inception. The company’s commitment to quality, innovation, and customer service has earned it a loyal client base and a strong reputation in the global ceramics market.
As the founders began planning for retirement, they looked inward to their trusted leadership team. Their vision for a smooth and values-aligned succession led them to key individuals on the management team who had already demonstrated a deep commitment and capability within the business.
The management team expressed interest in taking the reins and their shared vision and operational insight made them the ideal successors. The result was a successful management buyout that not only preserved the company’s legacy but also positioned it for continued growth under new leadership.
Our Transactions team, in collaboration with our Tax team played a key role in facilitating the transaction—providing strategic advice and tax planning. Working alongside our Transaction team, Apogee was able to secure financing and structure a transaction that aligned with the values of both parties. The management buyout was a thoughtful solution that builds upon Apogee’s success over the years and is intended to position the new owners well for shaping their next chapter.

Client
Apogee Ceramics Inc.
Transaction type
Divestiture
Services provided
M&A
Sector
Manufacturing
Close date
March, 2025
Modern Group of Companies is a construction and engineering company in New Brunswick that was supported by Doane Grant Thornton’s M&A throughout the transaction process.
Our M&A team supported Membertou First Nation and Horizon Naval engineering buying Genoa Design International.
Our M&A team supported Membertou First Nation and Horizon Naval engineering buying Genoa Design International.