Montreal's Fresche Legacy has received a $6 million US ($7.8 million Cdn.) strategic investment from the Fonds de solidarit\u00e9 FTQ and the regional Fonds de solidarit\u00e9 FTQ Montr\u00e9al, money which will be used to fuel growth for the IBM i application management solutions provider. The Fresche Legacy portfolio of solutions helps IT departments leverage modern solutions, including web, mobile and cloud. "FSTQ\u2019s investment will allow us continue our aggressive growth,\u201d says Fresche Legacy President and CEO Andy Kulakowski. \u201cLegacy technology is pervasive within the IBM i market and contains invaluable data and business processes. However, legacy systems are also difficult to maintain, hard to integrate with newer technology and don\u2019t easily adapt to evolving business realities. Fresche\u2019s next generation of modernization tools eases the modernization process, and provides IT organizations with the essential tools to maintain, enhance and evolve their IBM i applications for years to come.\u201d Fresche Legacy assists the more than 100,000 IBM i shops around the world in future-proofing mission critical technologies and modernizing businesses that are running legacy applications on IBM Power Systems. \u201cThe investment from FSTQ gives us the ability to intensify our efforts in an IBM i market hungry for innovative legacy management and modernization solutions,\u201d says Fresche Legacy CFO Nick Cristiano. "Fresche has completed three acquisitions in four years, and we see tremendous potential in further consolidating the market for modernization solutions." Fresche has experienced strong growth over the past five years, and serves businesses ranging from Royal Caribbean Cruises and Union des artistes (UDA). \u201cFresche is now a recognized leader in the legacy technology field,\u201d said Fonds de solidarit\u00e9 FTQ Senior Vice President for New Economy Alain Denis. \u201cWith its recent strategic acquisitions abroad, Fresche has also become a global IT consolidator." Created in 1983, the Fonds de solidarit\u00e9 FTQ\u00a0 has net assets of $11.1 billion as of May 31, 2015.