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Subsidiary Features
Safe-Tech Training: How Humble Beginnings Led to Great Success
April 21, 2022
In the industrial safety landscape, Safe-Tech Training (“Safe-Tech” or “the Company”) has earned its place as a premier provider in the competitive field of workplace safety training. Their prestigious corporate client list spans every conceivable industry from aerospace to farming, which is no small feat given the Company’s humble beginnings. This month, we had the pleasure of speaking with Dan Dukoff (President) and Kathy Dukoff (COO) about how Safe-Tech has grown over the past three decades, the impact of being acquired by Lynx, and how the business remains unique and competitive after all this time. Introducing Safe-Tech Training Inc. Founded […]
Subsidiary Features
PartnerService & Yding Gruppen: A Successful Merger
March 22, 2022
Merging two businesses is no simple task; examples abound of unsuccessful pairings. Luckily, this has not been the case for PartnerService and Yding Gruppen (“the Company”), as they have proven to be the perfect fit. These businesses were acquired by Lynx in 2017 and 2021 respectively and merged over the past year. The Company offers commercial cleaning solutions to small and large organizations throughout Denmark. This Winter, we had the pleasure of speaking with Lone Ranum, the Company’s CEO, about her transition from COO to CEO, the partnership with Lynx, the merger with Yding Gruppen, and overcoming challenges amidst COVID-19. […]
Subsidiary Features
Six principles to guide your hiring
March 21, 2022
As a leader, my job comes down to one thing: choosing the right people for my private equity team, whether that be executives and front-line staff or our bankers, lawyers, accountants and investors. The interaction, trust and camaraderie of your teams can make or break your business. I’ve made hiring mistakes. Each and every time I did, I found the poor performers were not team players nor were they decent or honest people. As a leader, I can’t do everything in the organization. I need to delegate. I need to ensure that the people who do the work are good, […]
Press
Canadians on machine acquisition in Herning
February 11, 2022
The Herning-based machine manufacturer Obel-P Automation has come into new hands. On February 1, the Company, which specializes in automation equipment for the wood industry, was taken over by the Canadian capital fund Lynx Equity, and according to the new owner, it was not least the Herning team that made the deal interesting. “Obel-P’s management team, led by Ivan Madsen, Markus Hofmann and Michael Bonnichsen will continue to be the Company’s cornerstone and one of the main reasons why we went ahead with the transaction,” says Ashley Manis, Lynx Equity’s Deputy Director for M&A Scandinavia. Also on the seller’s side, the […]
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