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Canada’s Best Store Fixtures has been acquired by LSI Industries

March 2025 — The acquisition of Canada’s Best Store Fixtures has been successfully completed by LSI Industries to expand its capabilities, geographic reach and market presence, particularly in Canada. CBSF’s expertise and customer relationships complement LSI’s portfolio, creating opportunities for cross-selling and supporting growth in the grocery, quick service restaurant (QSR) and specialty retail sectors.

CBSF specializes in designing, manufacturing and installing custom retail environments. The company offers a comprehensive range of services, including fixture production, millwork, metal fabrication and project management, catering to major retailers across Canada. Known for delivering high-quality, tailored solutions that enhance brand experience and optimize store functionality, CBSF has earned a strong reputation. With a skilled workforce and state-of-the-art manufacturing capabilities, it has become a trusted partner for national retail chains, grocery stores and convenience stores.

Headquartered in Cincinnati, LSI is a publicly held company traded on the NASDAQ Stock Exchange under the symbol LYTS. It manufactures advanced lighting, graphics and display solutions for strategic vertical markets. Its American-made products, including non-residential indoor and outdoor lighting, print graphics, digital graphics, refrigerated and custom displays, help create value for customer brands and enhance the consumer experience. LSI also provides comprehensive project management services to support large-scale product rollouts. With approximately 1,900 people across 16 manufacturing plants in the USA and Canada, LSI is a leading player in its industry.

Our role in the transaction

Oaklins’ team in Canada was retained by the shareholders of CBSF to sell their business through an extensive canvassing of the North American market. The team acted as the sole sell-side financial advisor for this transaction.

Parties
“Oaklins’ Canadian team provided invaluable guidance and support throughout the entire transaction process, which resulted in us finding the ideal partner in LSI Industries. Their hands-on approach and commitment to achieving the best outcome ensured a seamless transaction that positions Canada’s Best Store Fixtures for continued growth. We greatly appreciate their professionalism and dedication.”

Bud Morris and Luisa Loffreda

Co-founders, Canada’s Best Store Fixtures

Talk to the deal team

Blair Agnew

Partner
Toronto, Canada
Oaklins Canada

Jonathan D. Sherman

Partner
Toronto, Canada
Oaklins Canada

Nathan Reynaud

Associate
Montreal, Canada
Oaklins Canada

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