Lynx Equity Climbs in the FP500 Rankings and Tracking to Surpass $1 Billion in Revenue

October 29, 2025

Lynx Equity (Lynx) is pleased to announce its advancement in the Financial Post’s 2025 FP500 ranking, moving up 37 positions from #434 to #397. The FP500 remains the most comprehensive annual ranking of Canada’s largest corporations by revenue, published by the Financial Post.

This achievement reflects another year of measured, strategic growth across the Lynx portfolio and reinforces the company’s disciplined approach to value creation through acquisition and operational improvement.

Continued Growth and Operational Excellence

With fiscal year 2025 revenue and EBITDA estimates of approximately $900 million and $50 million, respectively, strong momentum is expected to continue. Lynx is anticipating a milestone achievement in 2026, tracking to surpass $1 billion in annual revenue.

During the past fiscal year, Lynx completed three new acquisitions—Esmay Electric, Formwise Washrooms, and MNM Group—each strengthening our diversified base of businesses. Two synergistic acquisitions were also made by existing subsidiaries: Topeco Products by United Fastener, and Henry’s Carpet and Interiors by Resource 4 Floors. These additions reflect Lynx’s focus on strengthening and expanding a diverse portfolio while realizing synergies among companies when opportunities exist.  

Leadership and Alignment Across the Portfolio

“Our advancement in this year’s FP500 is a testament to the strength of leadership across our subsidiaries and the commitment of their teams,” said Brad Nathan, founder and president of Lynx. “Our leaders know their businesses and markets inside and out, and their ability to operate independently while fostering collaboration and innovation continues to fuel our growth.”

This achievement highlights not only Lynx’s continued growth, but also its ability to strengthen performance across existing operations through prudent management, efficiency gains and shared best practices.

Looking ahead, Lynx remains focused on sustainable, long-term growth while preserving the entrepreneurial cultures that have made its portfolio companies successful.

About Lynx Equity

With sales in excess of CAD $900M, Lynx Equity Limited is a diversified Toronto and San Diego 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 $2M–$6M USD and utilizes a buy-and-hold strategy.    

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

For press inquiries, please email marketing@lynxequity.com.

Disclosures

Forward-Looking Statements: Certain statements in this communication may constitute forward-looking information regarding future growth and projected revenue. Actual results may differ materially due to various risks and uncertainties. Such information is based on current expectations, estimates, and assumptions that are subject to known and unknown risks and uncertainties, which may cause actual results to differ materially. Readers are cautioned not to place undue reliance on these statements. Lynx Equity Limited undertakes no obligation to update these statements.

Past returns do not guarantee future results.  

Nothing in this article constitutes an offer to any person or to the public generally to purchase securities of any kind or an offer to invest in Lynx Equity Limited.