M&A Deal Summary

Lynx Equity Limited Acquires Topcuts

On January 1, 2011, private equity firm Lynx Equity Limited acquired business services company Topcuts

Acquisition Highlights
  • This is Lynx Equity Limited’s 4th transaction in the Business Services sector.
  • This is Lynx Equity Limited’s 12th transaction in Canada.
  • This is Lynx Equity Limited’s 12th transaction in Ontario.

M&A Deal Summary

Date 2011-01-01
Target Topcuts
Sector Business Services
Buyer(s) Lynx Equity Limited
Deal Type Buyout (LBO, MBO, MBI)

Target

Topcuts

Toronto, Ontario, Canada
Topcuts is a no appointment salon offering a range of services including haircuts, styling, perms and colouring. They cater to men, women, and children, and are conveniently located throughout the GTA, staying open long hours to serve their customers. Topcuts uses only salon professional products and exclusively hires licensed hairstylists to give its clients the style and look that they want. They have 17 locations across the Greater Toronto Area. Topcuts was founded in 1992 and is based in Toronto, Ontario.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

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 13 of 51
Sector (Business Services) 4 of 6
Type (Buyout (LBO, MBO, MBI)) 13 of 50
State (Ontario) 12 of 28
Country (Canada) 12 of 33
Year (2011) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-01-01 Control Fire Systems

Toronto, Ontario, Canada

Control Fire Systems is an intergraded fire suppression and alarm system supply company. CFS has been a full stocking distributor in the GTA for more than 40 years. They specialize in engineering and design of fire protection systems and fire panels. Control Fire is a one-stop-shop when it comes to fire product requirements. CFS carries a complete stock of environmentally friendly Halon 1301 alternatives, plus a full line of addressable/conventional fire alarm panels. Control Fire Systems was founded in 1975 and is based in Toronto, Ontario.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-11 TechniLite

Mississauga, Ontario, Canada

TechniLite is a manufacturer of lighting systems and illuminated sign boxes using both T5 fluorescent lighting and light-emitting diodes (LEDs). TechniLite was founded in 1992 and is based in Mississauga, Ontario.

Buy -