Lynx Equity Limited ranks No. 50 on the 2015 PROFIT 500
– PROFIT magazine unveils 27th annual list of Canada’s Fastest-Growing Companies –
Toronto (September 17, 2015) Canadian Business and PROFIT today ranked Lynx Equity Limited No. 50 on the 27th annual PROFIT 500, the definitive ranking of Canada’s Fastest-Growing Companies. Published in the October issue of Canadian Business and at PROFITguide.com, the PROFIT 500 ranks Canadian businesses by their five-year revenue growth.
Lynx Equity made the 2015 PROFIT 500 list with five-year revenue growth of 1413% completing the year with sales of $165 million. Lynx has continued its growth and has a current revenue run-rate of over $290 million.
“The PROFIT 500 represent the highest tier of entrepreneurialism in Canada,” says James Cowan, Editor-in-chief of PROFIT and Canadian Business. “They should be lauded for the positive economic contributions they’ve made to their communities—and the entire country. They are examples of what can be accomplished with innovation, discipline and determination.”
“We are very excited to once again be in such good company. This honour is shared with our amazing team – from the head office to our subsidiaries, our extremely supportive investors, and all of the incredible people we have worked with over the years – bankers, lawyers, accountants… We look forward to many years of continued growth and success together,” Brad Nathan, Lynx President.
About PROFIT and PROFITguide.com
PROFIT is Canada’s preeminent media brand dedicated to the management issues and opportunities facing small and mid-sized businesses. For 33 years, Canadian entrepreneurs across a vast array of economic sectors have remained loyal to PROFIT because it’s a timely and reliable source of actionable information that helps them achieve business success and get the recognition they deserve for generating positive economic and social change. Visit PROFIT at PROFITguide.com.
About Canadian Business
Founded in 1928, Canadian Business is the longest-serving, best-selling and most-trusted business publication in the country. With a total print readership of more than 600,000, it is the country’s premier media brand for executives and senior business leaders. It fuels the success of Canada’s business elite with a focus on the things that matter most: leadership, innovation, business strategy and management tactics. We provide concrete examples of business achievement, thought-provoking analysis and compelling storytelling, all in an elegant package with bold graphics and great photography. Canadian Business—what leadership looks like.
About Lynx Equity
With sales in excess of $290 million and EBITDA in excess of $20 million, Lynx Equity Limited is a diversified private equity firm focused on acquiring small and medium-sized businesses from owners looking to retire and was recently named one of Canada’s Fastest Growing Companies by PROFIT Magazine. Lynx targets acquisitions of companies with EBITDA between $500,000 and $2.0 million and utilizes a buy and hold strategy.