Just for Laughs has been sold to an investor group led by Canadian comedian Howie Mandel and ICM Partners, an America talent agency.

The groups says the Montreal-based company will continue normal operations, with the same leadership in place.

Last fall, several women came forward with allegations of sexual assault and sexual harassment against Just For Laughs founder and major stakeholder, Gilbert Rozon.

Rozon denied the allegations, which have not been proven in court, but said he would sell his majority shares in the company.

Just For Laughs produces international comedy tours, television specials, and annual festivals around the world including in Toronto, Montreal, Vancouver and Sydney.