Lynx Equity Limited

02/02/2023

Please join us in welcoming our first acquisition of 2023, BUSE Timber and Sales Inc., to the Lynx Family.

Founded in 1946 and located in Everett, Washington, Buse has been a provider of niche manufacturing services for the West Coast, specializing in lumber yards, railroads, bridge constructors, and treating plants.

“Due to its long history,” began Andrea Natarelli, Lynx’s Senior M&A Associate, “Buse has been a local landmark within Everett’s community for the past five decades. We are extremely excited to preserve the Company’s legacy while partnering with its existing management led by Tom (President) and Diana (CFO), who’ve each played a key role in the Company’s recent success.”

The acquisition of Buse will bolster Lynx’s presence in the wood re-manufacturing market, a space already occupied by subsidiary companies, Winfield Wood & Lath Ltd. and Yellowhead Wood Products Inc.

The transaction was facilitated with buy-side legal support from Minden Gross LLP, accounting services by Deloitte Canada, and tax due diligence services by MNP. Financing was provided by Windsor Private Capital LP, Lynx’s long-standing financing partner.

For the full press release, please visit: https://www.lynxequity.com/lynx-is-pleased-to-announce-the-synergistic-acquisition-of-buse-timber-sales-inc/

Lynx | Diversified Risk. Undiversified Returns.

12/22/2022

Please join us in welcoming our newest acquisition, Majland Stauder ApS, to the Lynx Family. Since 1955, Majland Stauder has been producing a variety of plants for customers throughout Scandinavia.

“Those who know me may know that owning a nursery is a dream come true,” began Ashley Manis, Lynx’s Vice President of M&A – Scandinavia. “The good news for Lynx is that Majland also happens to be a fantastic business run by a great team!”

The acquisition of Majland is the first of its kind for Lynx, as this is Lynx’s first investment in the horticulture industry. Majland joins Lynx’s growing portfolio of business in Denmark, which has been growing since its first acquisition in 2017.

For the full press release, please visit:

Lynx | Diversified Risk. Undiversified Returns.

12/14/2022

Happy Wednesday, everyone! Please join us in welcoming our newest acquisition, Resource4Floors, to the Lynx Family. Since 1980, Resource has been providing full-service commercial flooring solutions to general contractors and end-users in the education, healthcare, hospitality, and retail sectors.

“As we have been actively building out the Lynx Flooring Portfolio [since 2014], we've developed strong criteria for acquisitions in this space and Resource4Floors was a great fit,” commented Mujtaba Abidi, Lynx's Senior M&A Associate.

In addition to expanding the Lynx Flooring Portfolio, Resource4Floors is Lynx’s first ever acquisition in Florida.

For the full press release, please visit:

Lynx | Diversified Risk. Undiversified Returns.

09/14/2022

Happy Wednesday, everyone! Please join us in welcoming our newest acquisition, Excellent Signs & Displays, to the Lynx Family. Since 1983, Excellent Signs has been specializing in custom signage and fabrication across North America.

The acquisition of Excellent Signs allows many synergies to be realized between the Company and existing business within the Lynx Signage Portfolio, which has been growing since its first acquisition in 2010,

For the full press release, please visit:

Lynx | Diversified Risk. Undiversified Returns.

09/08/2022

We'd like to introduce you to the Lynx Equity Income Trust: an investment fund within Lynx that focuses exclusively on our US subsidiaries. This Summer, we had the pleasure of speaking with Michael Denny about the origins and evolution of the Trust, as well as how it was impacted by COVID-19.

"We started raising money for Lynx and clicked immediately," shared Michael Denny, Managing Director of the Lynx Equity Income Trust. "We [eventually] realized that Lynx was the only company we wanted to finance. About three years ago, we approached Brad and he bought the Trust; we became an exclusive feeder fund for Lynx."

To learn more about the trust, please click here:

Lynx | Diversified Risk. Undiversified Returns.

09/06/2022

"To find [a good] person to run [a business], that's the magic sauce - in my opinion - that's really what it comes down to."

We are so excited to share with you Brad Nathan's guest appearance on The Private Equity Podcast! In this episode, Brad discusses common mistakes made in the private equity industry, Lynx' buy and hold strategy and humble approach, and how Lynx' management team was cultivated over the last 15 years.

Listen on Spotify: https://open.spotify.com/episode/6rX7UV7OqIMddHfASfPCs2

Listen on Apple Podcast: https://podcasts.apple.com/gb/podcast/the-private-equity-podcast/id1541134935

We hope you enjoy!

‎Business · 2022

08/18/2022

Want to know more about Lynx from the perspective of its team members? Check out Employee Spotlight Series, starting with Jennifer Mooney, Lynx' Vice President of Financing Services.

Learn more about Jennifer by clicking here: https://www.lynxequity.com/our-people/ -mooney

08/02/2022

Please join us in celebrating our 15 year anniversary!

We are so happy to see how much we've evolved over the last 15 years.

“We’ve had incredible growth over the past 15 years," shared Brad, "but the most recent year has been phenomenal! 2022 has made me feel so confident in our group as well as our plans to reach the BILLION DOLLAR SALES LEVEL. I am super excited to finish this year with record sales and profitability. What a ride it’s been 💚."

Thank you all for your support, we can't wait to show you what's next!

07/28/2022

In honour of National Intern Day, we are featuring Eric Persi: a Lynx Intern turned Senior Vice President. In this feature, we talk about Eric’s entry into private equity and how his professional goals changed early in his academic career. Read the full feature here: https://www.lynxequity.com/from-intern-to-senior-vice-president/

Since Eric joined Lynx as a full-time employee in 2016, there have been eight other interns whose careers have taken off within the Company. We are so happy to celebrate the many interns that have had the opportunity to grow at Lynx and we look forward to the young and bright minds that will join us in the future!

07/14/2022

Happy Thursday, everyone! We are pleased to close out the week with more good news! Please join us in welcoming our newest acquisition, Granite Electric, to the Lynx Family. Since 1993, Granite Electric has been a leading provider of electrical and fiber optic contracting services across Alberta.

The transaction was facilitated with buy-side legal and accounting services by Minden Gross LLP, respectively. BDC Capital’s Growth and Transition Capital division provided acquisition financing. We’ve had the pleasure of previously working with this division when acquiring Yellowhead Wood Products Inc. in 2021 and Alpine Shredders in 2019.

For the full press release, please visit:

07/12/2022

Phew! We made it.

We are pleased to announce that with 2021 revenue of $451,713,000 CAD, Lynx has ranked #478 on the FP500, the premier ranking for Canadian corporations. The FP500 list includes public and private companies, subsidiary businesses, and Crown corporations, thus making it the most authoritative survey of Canadian business available.

“I am thrilled to be included on this incredible list with such amazing companies,” commented Brad Nathan, President of Lynx. “Covid took a bite out of our revenue but we are still fortunate to be included. We have rebounded quite strongly with revenue of about $600 million for the fiscal year ended July 31, 2022 - so we hope to be included once again next year. Thank you to all of the wonderful employees at the Lynx head office and for all of the people at our amazing subsidiaries in Canada, the US, Denmark and the UK. I’d also like to thank our incredibly supportive investors and lenders – without whom we couldn’t have grown to this scale.”

“Most of all, I’d like to thank the Financial Post for not being the FP477.”

Presenting the 2022 edition of FP500, the most authoritative survey of Canadian business available