Lynx Equity Acquires Granite Electric Ltd.
July 13, 2022
Lynx Equity Limited, a Toronto-based private equity firm, acquired Granite Electric Ltd., a Calgary-based electrical and fiber optic contracting company. The founder, Christopher Troy, sold the business in preparation for retirement and will remain involved for a transition period; BDC Capital provided acquisition financing.
- Buyers
- Lynx Equity Limited
- Targets
- Granite Electric Ltd.
- Sellers
- Christopher Troy
- Industry
- Electrical Services
- Location
- Alberta, Canada
- Transaction Type
- Buyout
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