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TMCNet:  Raymond Chabot Grant Thornton Acquires Real Estate Appraisal and Finance Firm ECGL

[November 22, 2012]

Raymond Chabot Grant Thornton Acquires Real Estate Appraisal and Finance Firm ECGL

QUÉBEC CITY, Nov. 22, 2012, 2012 (Canada NewsWire via COMTEX) -- To maintain its distinctive positioning through service diversification, Raymond Chabot Grant Thornton has announced its acquisition of ECGL, the largest private real estate appraisal firm in the Québec City region.

"Our solid reputation, developed over the last 35 years with the major real estate decision-makers and our notable achievements in the Quebec residential, commercial and industrial sectors, together with the addition of ECGL, will make Raymond Chabot Grant Thornton a leader in real estate appraisal," said Pierre Lapointe, Regional Vice-President of Raymond Chabot Grant Thornton.

The addition of some 20 employees, including ECGL President Annie Labbé and more than 10 qualified real estate appraisers, to the Firm's consulting group in the Québec City and Beauce offices will undeniably position Raymond Chabot Grant Thornton as offering the broadest range of strategic consulting services in the region.

"Our constant desire to better serve the interests of our clients and entrepreneurs is demonstrated by experienced professionals coming on board to support our growth. The diversity of our services testifies to our commitment to support the region's dynamic enterprises and contribute to their success," added Alain Gauthier, Partner in Charge of Consulting Services at Raymond Chabot Grant Thornton.

"ECGL obviously feels privileged to be at the centre of such corporate creativity to better support Raymond Chabot Grant Thornton clients. We are even more pleased to pursue our own growth within this major firm through a value-added offering that stems from Raymond Chabot Grant Thornton's multidisciplinary expertise," concluded Annie Labbé.

The ECGL team will continue its activities in its Québec City (Lebourgneuf) and Beauce (Saint-Georges) offices under the name ECGL, Division of Raymond Chabot Grant Thornton. For more information about ECGL, visit www.ecgl.ca.

About ECGL Founded in 1977, ECGL is the largest private real estate appraisal firm in the Québec City region, with a staff of about 20 knowledgeable professionals serving clients in commercial, residential and industrial appraisal.

About Raymond Chabot Grant Thornton Founded in 1948, today Raymond Chabot Grant Thornton is a leader in the fields of assurance, tax, consulting services, and business recovery & reorganization. Its strength is based on a team of almost 2,300 people, including some 230 partners in more than 100 offices in Quebec, eastern Ontario and New Brunswick. For the past 30 years, Raymond Chabot Grant Thornton has been a member of Grant Thornton International Ltd, providing clients with the expertise of the member and correspondent firms in more than 100 countries.

SOURCE: RAYMOND CHABOT GRANT THORNTON To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/November2012/22/c2671.html SOURCE: RAYMOND CHABOT GRANT THORNTON Information: Carole-Anne Dugre Regional Director of Communications and Business Development Raymond Chabot Grant Thornton Tel.: 418-647-6635 Cell: 418-955-3792 dugre.carole-anne@rcgt.com www.rcgt.com Source: Francis Letendre Senior Consultant - Public Relations Raymond Chabot Grant Thornton Tel.: 514-390-4201 Cell: 514-554-1685 letendre.francis@rcgt.com www.rcgt.com

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