Buyout (LBO, MBO, MBI) • Retail

Lynx Equity Acquires Blind Bay Village Grocers

On May 7, 2018, private equity firm Lynx Equity acquired retailer Blind Bay Village Grocers

Acquisition Context
  • This is Lynx Equity’s 3rd transaction in the Retail sector.
  • This is Lynx Equity’s 29th transaction in Canada.
  • This is Lynx Equity’s 2nd transaction in British Columbia.

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M&A Deal Summary

Date May 7, 2018
Target Blind Bay Village Grocers
Sector Retail
Buyer(s) Lynx Equity
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Blind Bay Village Grocers

Blind Bay, British Columbia, Canada
Blind Bay Village Grocers is a grocery stores and offers a variety of food and everyday products including fresh bakery goods, meat, produce, deli items, grocery essentials, and a selection of liquor products. Blind Bay Village Grocers was founded in 1997 and is based in Blind Bay, British Columbia.
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Buyer Overview 1

Buyer

Lynx Equity

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 $1 to $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 Context for Buyer #
Overall 37 of 65
Sector: Retail 3 of 4
Type: Buyout (LBO, MBO, MBI) 37 of 65
State: British Columbia 2 of 3
Country: Canada 29 of 38
Year: 2018 2 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-03 Flooring Solutions

Livermore, California, United States

Flooring Solutions provides commercial flooring contracting services, including the supply and installation of flooring systems for business and institutional clients. The Company works with manufacturers and trained installers to manage flooring projects tailored to commercial environments. Flooring Solutions was founded in 1990 and is based in Livermore, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-05-17 Day2

London, United Kingdom

Day2 is a furniture consulting and procurement firm that works with commercial and institutional clients to plan, specify, and install furniture packages tailored to workspace design projects. The Company offers services including furniture consultancy, procurement, project management, installation, and circular solutions that extend the life and reuse of furniture assets. Day2 was founded in 2001 and is based in London, United Kingdom.

Buy -