
Lynx buys Label Express
Canadian private equity firm Lynx Equity has acquired UK printing business Label Express.
Financial details of the transaction remain undisclosed, though Lynx typically invests in companies with values of $1-10m, specifically in situations where owners are looking to retire.
The deal is the second UK investment made by the GP, following its acquisition of SignalHome, a provider of logistics to the kitchen retail sector, in February.
The GP intends to pursue further transactions in the country following the devaluation in sterling caused by the UK's vote to leave the European Union, according to a statement. The firm believes there are good opportunities for investing in British companies that are unlikely to be impacted by the economic uncertainty surrounding Brexit.
Company
Founded in 1990 and headquartered in Croydon, near London, Label Express is a B2B provider of printed labels for the food, drink, healthcare, household, automotive and retail markets.
People
Lynx Equity – Mathew Burpee (vice-president).
Advisers
Equity – Howard Kennedy, Karen Ozdamar, Anthony Hunt, Nick Treppass, Alex Meloy, Katharine Langabeer (legal).
Company – Blake Morgan (legal).
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