The Labourers' Pension Fund commits $15 mln to Lynx Equity
Canadian private equity firm Lynx Equity has secured $15 million in funding from The Labourers' Pension Fund of Central and Eastern Canada, a multi-employer pension plan with nearly $5 billion in assets. Toronto-based Lynx is focused on buying small and medium-sized businesses from owners who are looking to retire. It targets acquisitions of companies with EBITDA between $500,000 and $2 million and utilizes a buy-and-hold strategy. The firm operates in the United States through a subsidiary called Succession Capital.
19 November 2015•2 mins read
