DALLAS, April 13, 2011 /PRNewswire/ -- Generational Equity, a leading advisor to privately-held and family-owned businesses for mergers and acquisitions, is pleased to announce the sale of its client, Techni-Lite Systems, Inc. to Lynx Equity Limited. The deal team on the transaction, which closed on March 11, 2011, was led by Managing Directors Doug Smith, Mike Hammer and Vice President Michael Goss. Mike Hammer stated, "This deal went more smoothly than most based on the strong synergies between Techni-Lite and the other signage companies in the Lynx Equity portfolio. The added benefit is the role that the Techni-Lite CEO will play in the future growth of Lynx Equity in this sector. A good fit for all!"
"This is a great acquisition by Lynx Equity," said Generational Equity President Ryan Binkley. "Techni-Lite fits perfectly into their portfolio and having the Techni-Light CEO continue to a play a role in the company is a smart strategic move. I am glad that Generational Equity was able to help both companies achieve their goals."
Founded in 1992, Techni-Lite is a Peterborough, Ontario based manufacturer of lighting systems and illuminated sign boxes using both T5 fluorescent lighting and LEDs. The company's lighting systems are both energy efficient and low profile. Techni-Lite's strip light systems are used extensively by store fixture manufacturers and in signage products. As the lighting world continues to adopt LED lights, Techni-Lite is developing new cutting edge products.
Lynx Equity Limited is a Canadian-based manager of private equity funds. As a subsidiary of Succession Capital Corporation, Lynx Equity blends a proven track record in identifying and building value in a diversified portfolio of companies based primarily in Ontario, Canada with a market niche that allows them to structure the most favorable transactions. Lynx Equity seeks to pursue investments in lower mid-market companies with the goal of building value through opportunistic acquisitions, strategic leadership and the timely use of financial expertise.
About Generational Equity
Generational Equity provides mergers, acquisitions, strategic growth advisory services, and information for privately held and family-owned businesses to exit their business successfully. Generational Equity uses a four-phase approach that includes education, financial analysis and reporting, sales documentation and deal-making ability to offer business owners an unparalleled level of commitment and experience, all focused on helping to release the generational equity and wealth in every business. Generational Equity is headquartered in Dallas, TX, and has more than 200 professionals in North America. For more information visit the website at www.genequityco.com or www.gecpress.com.
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