M&A Deal Summary

AYVA Educational Solutions Acquires Merlan Scientific

On April 10, 2024, AYVA Educational Solutions acquired distribution company Merlan Scientific from Lynx Equity Limited

Acquisition Highlights
  • This is AYVA Educational Solutions’ 1st transaction in the Distribution sector.
  • This is AYVA Educational Solutions’ 1st transaction in Canada.
  • This is AYVA Educational Solutions’ 1st transaction in Ontario.

M&A Deal Summary

Date 2024-04-10
Target Merlan Scientific
Sector Distribution
Buyer(s) AYVA Educational Solutions
Sellers(s) Lynx Equity Limited
Deal Type Add-on Acquisition

Target

Merlan Scientific

Mississauga, Ontario, Canada
Merlan Scientific is an independent distributor of engineering, science, and technology products to high schools, colleges, universities, and other educational institutions across Canada. Merlan Scientific was founded in 1970 and is based in Mississauga, Ontario.

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Buyer(S) 1

Buyer

AYVA Educational Solutions

Oakville, Ontario, Canada

Category Company
Founded 2008
Sector Distribution
DESCRIPTION

AYVA Educational Solutions is a distributor for PASCO Scientific. AYVA Educational Solutions was founded in 2008 and is based in Oakville, Ontario.


DEAL STATS #
Overall 1 of 1
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Ontario) 1 of 1
Country (Canada) 1 of 1
Year (2024) 1 of 1

Seller(S) 1

SELLER

Lynx Equity Limited

Toronto, Ontario, Canada

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 2007
Size Small
Type Sector Agnostic
DESCRIPTION

Lynx Equity Limited is a Canadian private equity firm focused on acquiring small, profitable business with $750K to $2.5 million of EBITDA. The Firm does not have any sector preferences and will consider opportunities throughout North America. Lynx Equity Limited was formed in 2007 and is based in Toronto.


DEAL STATS #
Overall 4 of 4
Sector (Distribution) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Ontario) 3 of 3
Country (Canada) 4 of 4
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-02 Creative Surfaces

Sioux Falls, South Dakota, United States

Creative Surfaces is a manufacturer, distributor, and installer of commercial casework, countertops, and signage. Creative Surfaces was founded in 1988 and is based in Sioux Falls, South Dakota.

Buy -