JewelPop Inc., creators of the very popular Kameleon Jewelry® line, has announced that JewelPop Inc. and the Canadian Distributor Lotus Jewellery have been acquired by Lynx Equity Ltd. “Lynx is proud to be able to carry on the success of a great Canadian jewelry brand. JewelPop has an excellent track record of growth and innovation and we look forward to building on this trend,” commented Lynx Partner Djenane Cameron.
The current management and staff of JewelPop will remain in place; business will continue as usual with no changes to policy. Founder Robert Smith will remain in his position as President.
Mr. Smith stated: “We are very excited to be partnering with Lynx Equity and look forward to growing this business together. We will continue to create innovative products and serve our customers for many years to come.”
About JewelPop Inc.
Founded in 2007, and based out of Halifax, Nova Scotia, JewelPop designs, imports, and distributes a patented interchangeable jewelry system called Kameleon™ and the new interchangeable GemDrops product line. The product lines are unique in the global marketplace, as they are the first jewelry systems to offer interchangeability across the entire spectrum of jewelry design.
For more information on JewelPop, please visit www.jewelpop.com.
About Lynx Equity Limited
With sales in excess of $130 million, Lynx Equity Limited is a diversified private equity firm focusing on acquiring small and medium-sized businesses from owners looking to retire. Lynx targets transactions between $2 million and $8 million and utilizes a buy and hold strategy. For more information on Lynx Equity, visit www.lynxequity.com.