September 13, 2022 – Toronto, ON / London, ON – Lynx is pleased to announce the synergistic acquisition of London, Ontario’s Excellent Signs (“the Company”), a signage manufacturer servicing various businesses across North America for over four decades. The Company has a niche focus in the custom sign and fabrication market, working with a diverse client base including Cadillac Fairview, TD Bank, RBC and Cineplex. Excellent Signs provides turnkey services to its clients by offering everything from initial design consultation all the way to post-installation maintenance.
The acquisition of Excellent Signs allows many synergies to be realized between the Company and existing business within the Lynx Signage Portfolio (“LSP”), which has been growing since its first acquisition in 2010. Additionally, Al Nasser, President of Meteor Signs, will be taking over as President for Excellent Signs, thereby ensuring a smooth integration into the group.
“Excellent Signs is a perfect fit within the LSP and brings a niche level of expertise that is going to be highly complementary to the overall group,” said Mujtaba Abidi, Mergers & Acquisitions Associate at Lynx. “Our strategy remains to further the growth of the signage portfolio with new acquisitions that align with our long-term vision.”
About Excellent Signs
Since 1983, Excellent Signs has been specializing in custom signage and fabrication. The Company’s exterior sign work includes the production of fascia, pylon, and channel letter signs. Management also fulfills orders for large format printing, graphics, posters, banners, car graphics & wrapping, and window vinyl work. Interior product lines include acrylic signs, 3-D letter signs, and custom signs based on customer specifications.
To learn more about Excellent Signs, please visit www.excellentsigns.com
About Lynx Equity Limited
With sales in excess of $600M CAD, Lynx Equity Limited is a diversified Toronto-based private equity firm focused on acquiring small and medium-sized businesses from owners looking to retire or seeking strategic opportunities. Lynx targets acquisitions of companies with EBITDA between CAD $1M - $5M and utilizes a buy and hold strategy.
To learn more about Lynx Equity, please visit www.lynxequity.com
For press inquiries, please email pr@lynxequity.com