Canadian private equity firm Lynx Equity this month acquired Label Express Ltd, a Croydon, U.K.-based provider of express labelling services to a variety of niche industries. No financial terms were disclosed. The investment is Lynx’s second to date in Europe. Its first, Signalhome Ltd, a London-based provider of storage for bathroom and kitchen developers, was bought earlier this year. Lynx is focused on acquiring small businesses from owners looking to retire. In 2016, PE Hub Canada profiled Brad Nathan, the Toronto investor’s founder and president.
Lynx Equity is excited to announce its second acquisition of 2017, Croydon, UK’s Label Express
Toronto, ON / London, UK – April 13, 2017 – Lynx Equity is excited to announce its second acquisition of 2017, Croydon, UK’s Label Express. For over thirty years, Label Express has been an industry-leading provider of express labeling services to a wide variety of underserved niche industries. The company’s strong customer service and sales team have driven consistent growth over the past several years. This, coupled with their highly process-oriented operations, including ISO 9001 and ISO 14001 accreditations and the British Retail Packing Accreditation, made them an ideal acquisition for Lynx Equity.
“We can’t think of a better group with whom to continue our expansion in the UK than the team at Label Express. At every level, the staff continues to impress us with their knowledge, efficiency and dedication to providing excellent service with exceptionally quick turnaround,” commented Lynx Equity Vice President Mathew Burpee. Lynx’s London Associate, Sophie Jaubert, echoed these sentiments while noting “the strong management team is committed to staying on indefinitely post-sale. This will not only ensure a smooth transition, but the continued success and ongoing legacy of the business.”
For over ten years, Lynx Equity has been focused on 100% acquisitions of old-economy North American businesses with a history of stable earnings and strong management in place for the transition. At the beginning of this year, it completed its first European acquisition, London’s SignalHome. Lynx Equity continues to actively pursue acquisitions from owners looking to retire across North America and Europe.
About Label Express
Since 1984, Croydon, UK’s Label Express has been providing exceptionally fast label services with consistently unbeatable lead times. With full in house manufacturing and studio capabilities coupled with our depth of experience, Label Express is the premier label supplier of choice when time is of the essence.
For further information on Label Express, please visit www.label-express.co.uk
About Lynx Equity Limited
With sales in excess of $300M CAD, Lynx Equity Limited is a Toronto-based diversified private equity firm focused on acquiring small and medium-sized businesses from owners looking to retire. Lynx targets acquisitions of companies with EBITDA between £250k and £1M or $500k and $2M and utilizes a buy and hold strategy.
For further information on Lynx Equity, please visit www.lynxequity.com
Photo courtesy of Label Express Ltd