Lynx Equity has acquired Fine Line Imports, an importer of contemporary women’s fashion in Canada.
Fine Line Imports is an importer, wholesaler and distributer of contemporary women’s fashion to retail customers across Canada. In 2004 the company 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 the company’s wholesale distribution network. Fine Line Imports is headquartered in Toronto (www.finelineimports.com).
“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,” said Lynx Associate Julia Chasson.
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).
Fine Line joins Lynx’s 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 and anticipates continued growth in this space. Fine Line Imports is the sixth acquisition Lynx has completed in 2013.
© 2013 PEPD • Private Equity’s Leading News Magazine • 8-21-13