Lynx Equity is pleased to announce the synergistic acquisition of Meteor Signs

September 17, 2021

September 14, 2021 – Toronto, ON / London, ON – Lynx Equity Limited is pleased to announce the synergistic acquisition of London, Ontario’s Meteor Signs (“the Company”), one of Canada’s leading signage manufacturers, with signs present across the country. Over the years, the Company has developed strong relationships with its customers and has become a preferred sign vendor for major Quick Service Restaurants, such as Subway and Pizza Pizza. Meteor has leveraged these connections and experiences working directly with upper management to efficiently secure jobs in a variety of locations.

The acquisition of Meteor Signs allows several synergistic opportunities to be realized between the Company and existing companies within the Lynx Signage Portfolio (“LSP”), such as Pride Signs and Integrity Signs. With strong sales and marketing efforts, as well as the additional support from the LSP, capacity can be maximized, resulting in top-line growth for Meteor. The Company’s potential to expand its business into the United States with its existing customers will further enable continued growth for Lynx Equity Limited.

”With our plans to grow the business even further, Lynx was a perfect fit. Their portfolio of Signage Companies allows us to have access to a wide range of resources as well as share much of our work across the companies.” said Al Nasser, President of Meteor Signs. “The Lynx team has been great to deal with from day one and we look forward to many years of continued growth.”

Meteor Signs will join Country SignsWSI SignsPride Signs, and Integrity Signs in the LSP. Lynx continues to pursue a variety of acquisition opportunities in North America and Europe.

 “The LSP has been a growing platform within our portfolio and Meteor Signs was a strong fit to further our efforts.” said Mujtaba Abidi, Mergers & Acquisitions Associate at Lynx Equity Limited. “Al and his team are partnered with some of the largest brands in Canada and are recognized for their excellent customer service, so we are excited for their long-term commitment to our group.”

The transaction was facilitated with buy-side legal services provided by Minden Gross.

About Meteor Signs

Founded in 1993, Meteor Signs has become London, Ontario’s exclusive signage provider with the infrastructure needed to design and manufacture signs from start to finish. For nearly three decades, the Company has been helping large franchises and corporations brand (and re-brand) their businesses using eye-catching and well-designed signage. The Company designs and manufactures a variety of signage styles for both interior and exterior applications for commercial clients across Canada.

To learn more about on Meteor Signs, please visit www.meteorsigns.com

About Lynx Equity Limited

With sales in excess of $500M CAD, Lynx Equity Limited is a diversified Toronto-based private equity firm focused on acquiring small and medium-sized businesses from owners looking to retire or seeking strategic opportunities. Lynx targets acquisitions of companies with EBITDA between $750k – $3M USD and utilizes a buy and hold strategy.

To learn more about on Lynx Equity, please visit www.lynxequity.com

For press inquiries, please contact:

Ashley Manis

E: pr@lynxequity.com

T: 416-454-3782