Lynx Equity Acquires Buse Timber & Sales Inc.

Lynx Equity Acquires Yellowhead Wood Products Inc.

August 24, 2021

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Yellowhead Wood Products Inc., a 30-year-old secondary wood remanufacturer headquartered in Edson, Alberta. The acquisition expands Lynx's wood re-manufacturing platform (joining Winfield Wood and Lath) and was supported by $3.5 million in acquisition financing from BDC Capital; the sellers were the shareholders of Yellowhead and the sell-side process was led by MNP Corporate Finance.

GreyLion Acquires Norwood Sawmills

March 10, 2022

Manufacturing

GreyLion, a New York-based private equity firm, acquired Norwood Sawmills, a portable sawmill manufacturer based in Ontario, Canada, with Monroe Capital arranging senior debt to support the transaction. GreyLion said the investment will fund growth initiatives including hiring, sales and marketing expansion, product development and technology investments; the firm also announced a separate investment in Webconnex.

Lynx Equity Acquires Alpine Shredders

February 8, 2019

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Alpine Shredders, a Kitchener, Ontario manufacturer of purpose-built mobile shredding trucks. BDC Capital provided $6 million in mezzanine financing to support the transaction; Alpine's president George Doerr will remain with the company.

Lynx Equity Limited Acquires Majland Stauder

December 22, 2022

Agriculture

Toronto-based private equity firm Lynx Equity Limited has acquired Majland Stauder, a B2B plant nursery in Sønder Omme, Denmark. The sellers — Leif Rahbek, Erik Lauridsen and Torben Kristensen — will remain involved in operations, with Erik appointed CEO as Lynx looks to support the company's continued growth and longevity.

Lynx Equity Acquires Sundby Trapper A/S

May 21, 2019

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Sundby Trapper A/S, a Denmark-based manufacturer of specialized steel staircases serving residential, commercial and institutional clients across the Nordics. Sellers Soren Iversen and Carsten Nielsen will remain with the company in their current roles; the deal was supported by BDO Corporate Finance Denmark with buy-side legal and accounting advisors.

Star Equity Holdings Acquires Timber Technologies

May 17, 2024

Building Products

Star Equity Holdings, Inc. completed the acquisition of Timber Technologies, LLC (Timber Tech), a Colfax, Wisconsin-based glue-laminated timber (glulam) manufacturer, effective May 17, 2024. The cash-free, debt-free purchase price was $23 million (including upfront cash, deferred cash and an earn-out), with associated real estate to be acquired separately for $3 million; Timber Tech reported 2023 revenue of $18.8 million and Adjusted EBITDA of $5.5 million.