Lynx Equity Limited announces the expansion of its firm with the opening of three new regional offices
June 5, 2014
Toronto, ON – June 05, 2014 – Lynx Equity Limited continues to expand its portfolio and is pleased to announce the opening of three new offices, with locations in the United States and Western Canada. Its first American office, located in San Diego, opened this past January, and the company’s Midwest outpost, located in Kansas City, will open this July. The U.S. subsidiary, which operates under the name Succession Capital Inc., will focus on acquisitions throughout the United States. They will also oversee the operations of Lynx’s U.S.-based portfolio companies, currently including Bumkins Finer Baby Products, Maverick Express and recently acquired United Fastener and Floor Solutions. Managing Partners Nathaniel Broughton and Brandon Laughridge will be heading up Succession Capital’s offices along with President Brad Nathan. Earlier this year, Lynx also opened an office in Calgary, Alberta. Led by Vice President – Western Canada, Mathew Burpee, the Calgary office will focus on acquisitions throughout Western Canada.
“We see a tremendous opportunity to expand Lynx’s model into the United States as well as Western Canada. We are regularly approached with potential acquisitions of small to medium-sized businesses in these areas and we look forward to the expansion opportunities that this provides our company,” commented Brad Nathan, President of Lynx and Succession. “Nate, Brandon and Mathew all approached us just over a year ago and we have been thrilled to work with them to grow our business.”
Succession Capital announced its first acquisition this past March, San Diego based United Fastener. This was followed by the purchase of Portland, Oregon based Floor Solutions in April. Succession Capital and Lynx Equity continue to pursue investments throughout the United States and Canada, with a focus on buying businesses from owners looking to retire and will continue to utilize a buy and hold strategy.
About Lynx Equity Limited and Succession Capital Inc.
With sales in excess of $200 million, Lynx Equity Limited is a diversified private equity firm focused on acquiring 100% of small to medium-sized businesses from owners looking to retire. Lynx targets transactions between $2 million and $8 million and utilizes a buy and hold strategy.
For more information on Lynx Equity, please visit www.lynxequity.com
To learn more about Succession Capital, please visit www.succession-capital.com
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