Lynx Equity Income Trust Secures Financing from Capstone Asset Management
July 26, 2024
TORONTO, ON / LANGLEY, B.C. – Lynx Equity Limited is pleased to announce an initial investment from Capstone Asset Management into the Lynx Equity Income Trust (“the Trust”).
“This financing is representative of the consistent performance and strategic growth that the Trust has delivered," commented Managing Director of the Trust, Lorne Bloomberg. "Our partnership with Capstone Asset Management will further enhance opportunities for Canadians to invest in a diversified international portfolio. We look forward to a long and successful relationship with Capstone Asset Management."
Lynx Equity Income Trust is a mutual fund trust that aims to provide investors with consistent returns while preserving their capital. The Trust participates in the debt of Lynx Equity Limited's U.S. subsidiaries, encompassing a total of 17 U.S. businesses. In the fiscal year ending July 31, 2023, these businesses collectively generated over $338 million in consolidated revenue with a track record of 50% compound annual revenue growth over the last nine years. The Trust’s portfolio operates across sectors such as flooring, manufacturing, retail, service, and wholesale, offering investors a well-rounded and resilient investment option.
To learn more about Lynx Equity Income Trust, please visit lynxincometrust.com.
About Capstone Asset Management
Capstone Asset Management is a trusted name in investment management, offering tailored solutions to meet the unique needs of their clients. With a focus on integrity and performance, Capstone provides a broad range of investment products and services designed to help clients achieve their financial goals.
To learn more about Capstone Asset Management, please visit capstoneassets.ca.
About Lynx Equity Limited
Lynx Equity Limited and its subsidiaries operate across various industries, continually expanding their portfolio through strategic acquisitions and investments. Their mission is to foster value creation and operational excellence while upholding core values of integrity, transparency, and accountability. With revenue in excess of $850M CAD, Lynx Equity Limited is a Toronto-based diversified private equity firm focused on acquiring small and medium-sized businesses from retiring owners and utilizes a buy-and-hold strategy. Targeting acquisitions with EBITDA between $1 million and $5 million, Lynx buys businesses across North America, Europe, the UK, and the Netherlands.
To learn more about Lynx Equity, please visit lynxequity.com.
For press inquiries, please contact:
Kody Jones
E: marketing@lynxequity.com
T: +1-940-395-5566