Succession Capital, a subsidiary of Canadian private equity firm Lynx Equity, has acquired Sienna Sky Jewelry. No financial terms were disclosed. Based in Longmont, Colorado, Sienna Sky Jewelry is a manufacturer and distributor of fashion jewelry. Update: Sienna Sky is Succession’s second acquisition this month and joins its portfolio of over thirty-five companies including jewelry manufacturers JewelPop and H.J. Sherman. The Toronto-based Lynx is focused on acquiring small to medium-sized businesses from owners looking to retire.
Succession Capital Inc. Announces the Acquisition of Longmont, Colorado’s Sienna Sky Jewelry
SAN DIEGO & LONGMOUNT, Colo., Aug 25, 2014 (BUSINESS WIRE) — Succession Capital Inc., a subsidiary of Lynx Equity Limited, is pleased to announce the acquisition of Sienna Sky Jewelry, a manufacturer and distributor of fashion jewelry. Marketing its products through two product lines, Sienna Sky and Adajio Collection, the company offers over 650 unique designs that are regularly renewed to ensure that it can reach a broad cross-section of consumer preferences. Sienna Sky has achieved consistent, continuous growth as a result of its creative designs, and strong distribution network. The company proudly manufactures all of its products locally in Longmont, Colorado.
“Sienna Sky’s greatest strength lies in the creativity and uniqueness of its product designs. The constant evolution of its lines has allowed the company to develop a dedicated, diverse network of customers across the United States. Despite its rapid growth, Sienna Sky has stayed true to its values, focusing on local manufacturing and using high-quality materials,” commented Mathew Burpee, Lynx Vice President – Western Canada. “We are confident that Sienna Sky will continue to be a market leader and look forward to working with its team.”
Sienna Sky is Succession’s second acquisition of the month and joins the group’s expanding portfolio of over thirty-five companies including jewelry manufacturers JewelPop and H.J. Sherman. Lynx/Succession continues to pursue acquisitions of small to medium-sized businesses throughout Canada and the United States from owners looking to retire.
About Sienna Sky Jewelry
Founded in 1994, and headquartered in Longmont, Colorado, Left Hand Studios LLC (dba Sienna Sky Jewelry) is a leading manufacturer of fashion jewelry. It distributes products across the U.S. under the Sienna Sky and Adajio Collection product lines and offers both earrings and necklaces. All products are locally made in Colorado with high-quality materials and unique designs. Both product lines are available online, and at gift shops and boutique stores across the country. For further information on Sienna Sky, please visit www.lefthandstudiosllc.com
About Succession Capital
Based out of San Diego, CA, Succession Capital Inc. is a diversified private equity firm focused on acquiring small to medium-sized businesses from owners looking to retire. Succession Capital targets transactions between $2 million and $8 million and utilizes a buy and hold strategy. For further information on Succession Capital, please visit www.succession-capital.com.
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