Succession Capital buys religious gifts manufacturer H.J. Sherman
Succession Capital, the U.S. investment arm of Canadian private equity firm Lynx Equity, has bought H.J. Sherman Co Inc, a designer, manufacturer and distributor of religious gifts and jewelry. The financial terms of the transaction were not published. Based in Van Nuys, California, H.J. Sherman has served the religious gifts market throughout North America for more than 65 years. The company's acquisition is the 10th by Lynx and Succession since the beginning of 2014. The Toronto-based Lynx is focused on acquiring small to medium-sized businesses from owners looking to retire.
22 July 2014•3 mins read
