Colabor Group Inc. announced the appointment of Mr. Marc Beauchamp as Director of the Corporation, effective June 14, 2022. Marc Beauchamp has more than 42 years of experience in the private equity and venture capital industry. In 1981, M. Beauchamp founded Novacap, a Private Equity Investment firm, now one of the most prominent buyout and growth equity firms. Under his leadership, Novacap has helped various companies accelerate their growth and achieve the status of worldwide player in their respective markets.

M. Beauchamp is an experienced director who has been on a number of boards of directors, including Novacap, several companies in its portfolio, and the endowment fund of McGill University. He is a board member of the Fraser Institute and is also involved in the "school perseverance program" of the St-Vincent Paul Society. M. Beauchamp holds an HBA of the Ivey School of Business in London, Ontario, and an MBA of the Columbia University in New York.