Toronto-based private equity firm Lynx Equity said Monday that it has bought Valuelight Limited. No financial terms were disclosed. Valuelight Limited, which is also in Toronto, is a lighting fixture manufacturer.
TORONTO–(BUSINESS WIRE)–Lynx Equity Limited (“Lynx”) announced today that it has acquired Valuelight Limited (“Valuelight”), a leading Canadian lighting fixture manufacturer and distributor providing innovative energy efficient solutions for its clients’ interior and exterior lighting requirements. Valuelight has built its reputation on being a leader in innovative lighting solutions with the latest energy saving, lighting and green technologies available in the marketplace. “As LEDs are increasingly becoming the market standard, Valuelight’s reputation for responsiveness to customer needs, along with their innovative product line, make them an ideal addition to the Lynx group of companies,” noted Lynx Partner, Dustin Mandel. “Our existing lighting businesses look forward to building a synergistic relationship with Valuelight and capitalizing on each other’s strengths.” Valuelight joins Lynx’s expanding portfolio of 28 subsidiaries, including lighting businesses, Southwest Energy Control Systems and TechniLite. Valuelight is Lynx’s eighth acquisition in 2013. “We are thrilled by the growth that our group has experienced this year,” commented Lynx President, Brad Nathan. “We project this trend not only to continue, but to be surpassed in the year to come.”
Founded in 1995, Valuelight provides innovative energy efficient solutions for a variety of lighting applications. Valuelight can be relied on for products of superior quality and innovative, award-winning designs: Optically precise commercial luminaires, wall washers, exterior flood lights, wall packs, architectural luminaires, bollards and roadway lighting; for use with LED and traditional T8/T5 fluorescent and compact fluorescent light sources. They are a trusted supplier of key accounts including Wal-Mart, McDonalds, Radio Shack, IBM, major Canadian banks, University of Toronto, City of Vancouver and City of Halifax.
For more information on Valuelight, please visit www.valuelight.ca
About Lynx Equity Limited
With sales in excess of $150 million, Lynx Equity Limited is a diversified private equity firm focusing on acquiring small and medium-sized businesses from owners looking to retire. Lynx targets transactions between $2 million and $8 million and utilizes a buy and hold strategy.
For more information on Lynx Equity, please visit www.lynxequity.com