Lynx Equity has acquired Valuelight Limited, a manufacturer and distributor of interior and exterior lighting. Valuelight is Lynx’s eighth acquisition in 2013.
Valuelight is a lighting fixture manufacturer and distributor. Products include commercial luminaires, wall washers, exterior flood lights, wall packs, architectural luminaires, bollards and roadway lighting. The company’s products can be used with LED and traditional T8/T5 fluorescent and compact fluorescent light sources. Customers include Wal-Mart, McDonalds, Radio Shack, IBM, major Canadian banks, University of Toronto, City of Vancouver and City of Halifax. Valuelight was founded in 1995 and is based in Toronto (www.valuelight.ca).
“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,” said 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 portfolio of 28 companies, including lighting businesses, Southwest Energy Control Systems and TechniLite.
Lynx Equity, a subsidiary of Succession Capital Corporation, acquires small to medium sized companies with enterprise values of C$2 million to C$8 million. Sectors of interest include manufacturing, business services, financial services, industrial products, food and consumer products. The firm is based in Toronto (www.lynxequity.com).
© 2013 PEPD • Private Equity’s Leading News Magazine • 11-5-13
