Lynx Equity Acquires Meteor Signs

Lynx Equity Limited Acquires Excellent Signs

September 13, 2022

Manufacturing

Toronto-based private equity firm Lynx Equity Limited has acquired Excellent Signs, a London, Ontario-based full-service signmaker, as an add-on to its Lynx Signage Portfolio. Excellent Signs — founded in 1983 and serving clients such as Cadillac Fairview, TD Bank, RBC and Cineplex — will be led by Al Nasser (president of Meteor Signs) to ensure integration and operational continuity.

Elaghmore Acquires Blaze Signs (joins Hexcite Group)

September 3, 2020

Manufacturing

UK private equity firm Elaghmore has acquired Blaze Signs Holdings Ltd (including trading subsidiaries Blaze Signs Ltd and Cygnia Maintenance Ltd) from fellow PE firm Mobeus. Blaze — a Broadstairs-headquartered sign design, manufacture, installation and maintenance business with c.250 employees and ~£25m revenue in 2019 — will join Elaghmore's Hexcite Group as a bolt-on to expand the Group's signage, display and maintenance capabilities and cross-sell into its retailer and brand-owner customer base.

Stratus Acquires Comet Signs

December 7, 2022

Manufacturing

Stratus, a Vestar Capital Partners-backed brand implementation and facilities services platform, acquired San Antonio-based Comet Signs to expand its production and installation capabilities in the Southwest and Western U.S. The deal adds Comet’s manufacturing footprint across Austin, Dallas, Houston, San Antonio and Tyler and increases Stratus’s ability to serve national blue‑chip customers; terms were not disclosed.

Bain Capital Double Impact Invests in Meteor Education

March 1, 2023

Education

Bain Capital Double Impact has completed a growth investment in Meteor Education, acquiring the company from Saw Mill Capital. The investment will support Meteor's geographic expansion, capability growth (including the acquisition of Blankenship Associates), and continued investment in modern K-12 learning environments while management remains a significant owner.

Lynx Equity Acquires Granite Electric Ltd.

July 13, 2022

Electrical Services

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.

Meteor Education Acquires Premier Furniture + Equipment

October 25, 2021

Education

Meteor Education, a Saw Mill Capital portfolio company, acquired Premier Furniture + Equipment (Premier F+E), a Shell Rock, Iowa-based distributor of K-12 classroom furniture. The deal expands Meteor's footprint into the Heartland (adding Premier's presence across Iowa, Minnesota, Wisconsin and South Dakota) and will keep Premier operating from its Shell Rock showroom while providing additional resources, tools and operational support.