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| Home : Lynx Equity Completes Another Round of Debt Financing with the Toronto-Dominion Bank |
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Jul 11
2013 |
Lynx Equity Completes Another Round of Debt Financing with the Toronto-Dominion Bank |
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TORONTO, ONTARIO--(Marketwired - July 10, 2013) - Lynx Equity Limited ("Lynx") announced today that it has arranged a bank facility with the Toronto-Dominion Bank ("TD") in connection with its recent acquisition of NRG Equipment Inc. ("NRG"). This financing will facilitate Lynx's continued growth in 2013. "We are very pleased to be continuing our partnership with TD," commented Lynx's President, Brad Nathan. "We have an excellent working relationship with them, and look forward to building on the partnership." This transaction is the third completed between TD and Lynx since February. Lynx's strategy is to acquire and hold businesses with a consistent track record of positive cash flow, and it will continue to utilize this strategy. Lynx has closed four acquisitions in 2013 and continues to pursue several opportunities in the small and medium-sized business market in which its expanding portfolio is focused. |
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| Source:http://www.marketwire.com/mw/release.do?id=1810074&sourceType=3 |
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