Toronto-based private equity firm Lynx Equity said Tuesday that it has acquired Fine Line Imports Inc. No financial terms were disclosed. Also based in Toronto, Fine Line Imports is a provider of contemporary women’s fashion in Canada. Update: Lynx Equity pursues investments in mid-market businesses based primarily in Ontario. The firm’s other acquisitions so far this year include NRG Equipment Inc., Superior Road Products Ltd. and Techni-Lite Systems Inc.
TORONTO, ONTARIO–(Marketwired – Aug. 20, 2013) – Lynx Equity Limited (“Lynx”) is pleased to announce its acquisition of Fine Line Imports Inc. (“Fine Line”), an importer, wholesaler and distributer of contemporary women’s fashion in Canada. “We are extremely excited to add Fine Line to the Lynx family of companies. The business has produced consistent results and is well positioned within its space. With Lynx’s support and some immediate synergies within the group, we look forward to continued success and strong growth from Fine Line in the immediate and long term,” commented Lynx Associate Julia Chasson. Fine Line joins Lynx’s expanding portfolio of over twenty-five companies that includes a growing presence in the wholesale fashion industry. Lynx continues to pursue acquisitions of small-to-medium sized businesses from people who are looking to retire and, with their sixth acquisition of 2013, anticipates continued rapid growth in this space.
About Fine Line
For 30 years, Fine Line Imports has specialized in the import, wholesale and distribution of quality contemporary women’s fashion to retail customers across Canada. In 2004 it became the exclusive creator of two collections – Fresh FX and Uptown Girl – that are sold to Canadian chain stores and boutiques coast-to- coast through their large wholesale distribution network.
For more information on Fine Line, please visit www.finelineimports.com.
About Lynx Equity
With sales in excess of $130 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.
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