Toronto, ON/Wellingborough, England – Lynx is pleased to announce the acquisition of Formwise Washrooms Limited (“Formwise” or “the Company”), a leading UK-based manufacturer, installer, and supplier of bespoke high-quality WC washrooms, End of Travel (EoT) shower changing facilities and associated products. Founded in 1992, Formwise has built a trusted reputation in the English market for its custom and bespoke sized products and exceptional customer service. The Company’s offerings include toilet and shower cubicles, changing lockers, bench seating, wash troughs and vanity units, all tailored to meet the unique needs of its clients.
Formwise has distinguished itself through its technical expertise, end-to-end project execution, and partnerships with architects, contractors, and interior fit-out and design firms. Its key client sectors include commercial buildings, educational institutions, and healthcare facilities. Given this focus, synergies are expected between Formwise and Lynx’s London-based Day2 Interiors, a leading furniture dealership primarily focused on commercial spaces, both in terms of sales and production.
“We are thrilled to welcome Formwise Washrooms to the Lynx family and expand our portfolio into the UK’s construction and interior solutions market,” commented Ashley Manis, President of Lynx Europe. “Formwise’s track record of excellence makes it an ideal partner and we are eager to build on this success along with their exceptional team.”
The Formwise team, which includes both directors Tim Jupp and Steve Robinson, will remain in their current roles for the long-term foreseeable future, ensuring both a smooth transition to new ownership and customer/supplier continuity as well as integration into the Lynx portfolio of companies.
"We are excited about the future as part of the Lynx family," commented Tim and Steve. "The Lynx team's acquisition process was highly professional, thoughtful, and attentive to our needs and those of the Formwise team. Their guidance and leadership made us feel comfortable, confident, and encouraged throughout the transition. We look forward to the years ahead as part of the broader Lynx group."
The transaction was facilitated with buy-side legal support from Shoosmiths, and accounting services by Azets.
Lynx continues to expand its portfolio throughout Europe and North America through the acquisition of successful small and medium-sized businesses.
About Formwise Washrooms Ltd.
Formwise Washrooms specializes in the manufacturing, installation, and supply of custom washrooms, locker rooms, and changing rooms. Established in 1992, the Company serves clients across commercial, educational, and healthcare sectors in the UK, offering a comprehensive suite of services from design consultation to project execution.
To learn more about Formwise, please visit www.formwise-washrooms.co.uk
About Lynx Equity Limited
With sales in excess of CAD $900M, 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 $2M–$6M USD and utilizes a buy-and-hold strategy.
To learn more about Lynx, please visit www.lynxequity.com.
For press inquiries, please email marketing@lynxequity.com.