News & Insights

March 22, 2021

FOR IMMEDIATE RELEASE March 22, 2021 TORONTO, On / SEATTLE, Wa – Lynx Equity Limited announced today that its wholly owned US subsidiary, Succession Capital Inc., has received a total of $50 million CAD ($39.5 million USD) in financing from Washington Federal Bank, National Association (“WaFd Bank”). The funds, which will be allocated to term debt, lines of credit and capital expenditures, have been advanced at a rate of LIBOR plus 2.35%. This financing represents Lynx’s largest to date and will enable the Company’s continued expansion though increased capital availability for acquisitions and by providing additional working capital to the […]

July 8, 2020

July 8, 2020 Toronto, ON / Portland, OR – Lynx Equity Limited is pleased to announce the synergistic acquisition of Portland, Oregon’s DeBenedetto’s Commercial Flooring LLC (“Debenedetto’s”). DeBenedetto’s is a full-service provider of commercial flooring solutions. The Company prides itself on the quality of its services and strong relationships with clients. Lynx was immediately attracted to this opportunity based on DeBenedetto’s historical success in the commercial flooring industry, and the longstanding relationship between the management teams of DeBenedetto’s and Floor Solutions, one of Lynx’s existing flooring companies operating in Portland. By capitalizing on various synergies, the two companies will enjoy more efficient […]

March 2, 2020

Toronto, Canada / Rask Mølle, Denmark – Lynx Equity Limited is pleased to announce the acquisition of Arkas A/S, a manufacturer of bespoke garage doors and single doors for commercial and residential applications. Founded in 1986, the Company is the only manufacturer of exclusively Danish-made wood doors and garage doors and has built its reputation based on its high level of quality, customization and extremely fast turnaround. Currently, Arkas products are sold through over 400 points of sale across Denmark including the country’s leading timber merchants. The Company was purchased by Keld Sund Nielsen and Michael Dommerbye in 2015. Having now […]

November 19, 2019

TORONTO, ON / EPHRATA, WA – Lynx Equity Limited is pleased to announce the acquisition of Ephrata, Washington’s Prime Flooring LLC (“Prime”). Prime is a full-service flooring company providing a wide range of commercial flooring services as well as equipment rental. The Company prides itself on its ability to fulfill all flooring needs from start to finish, primarily using its team of in-house installers. Lynx was immediately attracted to this opportunity given its historical success in the commercial flooring industry. Prime Flooring presents significant opportunities for immediate and long-term synergies with G&W Commercial Interiors, another Washington State-based flooring company owned by Lynx. Furthermore, […]