VIAVAR is a private equity firm located in Montreal, Canada which takes long term equity positions in companies.
Founded by the CEO Andre Courtemanche in 2002, Viavar has a team which consists of experienced professionals known for their integrity. Andre Courtemanche has succeeded in creating a corporate culture that values ethics and good business practices above all.
The company's objective is to generate superior returns by investing in outstanding companies. Viavar is now actively seeking investments and acquisition opportunities.
In 1988, André Courtemanche founded Steltor, a collaborative software company in Montreal, Quebec, identified by its red chameleon logo.
Steltor was acquired by Oracle Corporation in 2002. Its technology has since been incorporated into Oracle’s suite of products. Before their acquisition, Steltor marketed its software directly and supplied the time management product used in versions of Netscape Navigator. André Courtemanche then founded the private equity firm, Viavar Capital in 2005.
In March of 2006, Viavar Capital bought the grey limestone Molson house, situated on the corner of two of the most prestigious streets in Montreal, Sherbrooke Street and McGill College Avenue. This beautiful architectural heritage building was renovated and now houses the offices of Viavar Capital.