Century Park Capital Partners is pleased to announce the recapitalization of Lynx Grills, Inc. Lynx is a high growth, leading manufacturer of superior-quality, high-performance stainless steel outdoor kitchen products. The rapidly growing company offers a wide selection of premium stainless steel barbeque grills under the Lynx brand as well as complementary cooking, storage, refrigeration and food preparation accessories. The company is recognized in the industry for having the highest quality products and for its innovative designs.
Century Park Capital Partners is an institutional private equity fund that specializes in making investments in industry-leading growth companies. “Century Park brings a wealth of capital and a tradition of supporting successful management teams at a time when Lynx Grills is shipping record volumes and expanding its product offerings. I’m pleased to have them invest in the Lynx success story” commented Mike Edwards, President.
As part of the transaction, Ed Plummer will join Lynx as Chairman and CEO and invest alongside Century Park. Plummer noted, “I admire the success that Lynx Grills has achieved and I’m excited about joining Mike Edwards and his management team. I’ve known several of the prior Lynx owners for 20 years and the principals of Century Park for 15 years. The Lynx management team, supported by a great group of distributors and retailers, offers the finest outdoor kitchen products available in the market.”
Century Park sees tremendous growth opportunities for Lynx as the company continues its successful expansion of its distribution channels, and pursues strategic acquisitions. “We are very excited to partner with Ed, Mike and the rest of the team at Lynx, who have done a tremendous job of establishing the company’s brand. We look forward to providing additional capital and resources to support the company, while also assisting with complementary acquisitions of related products businesses such as other outdoor kitchen accessories, gas hearth products, and patio heaters,” noted Chip Roellig, one of Century Park’s managing partners.
Lynx Grills Inc. is located in Commerce, CA. More information on Lynx can be found at www.lynxgrills.com.
Century Park Capital Partners is a Los Angeles-based private equity firm that partners with owner/managers to build successful companies. The firm specializes in facilitating owner liquidity and business expansion by providing equity for recapitalizations, buyouts, growth financings, and acquisitions. More information on Century Park Capital Partners can be found at www.centuryparkcapital.com.