Lincolnshire Management Inc. is a private equity firm that was founded in 1986. Headquartered in New York City, they invest in mid-sized companies around the world. This is a privately held company that was rated as one of the top 10 companies of its type in 2010. It’s founders were Steven Kumble and Frank Wright.
It was announced recently that Lincolnshire Management had sold one company it was invested in, Holley Performance Products. They sold this company to an affiliate of Sentinel Capital Partners. Holley Performance Products was subsequently merged with another company Sentinel Capital Partners owns, Driven Performance Brands.
Holley Performance Products is a company that was established in 1903. They design, manufacture, and sell products in the performance car aftermarket. They are considered to be a cornerstone brand of that market and have been well regarded within the American performance car culture. Among their brands are ACCEL, Superchips, MSD, Racepak, Hooker, Quick Fuel Technologies, and Weiand. Their mission statement is to add both value and excitement to performance cars.
The chairman of the board and chief executive officer of Lincolnshire Management, T.J. Maloney, stated that Holley Performance Products is a leading brand with great strength and has a great management team. His company had first invested in Holley in 2013 and they had worked closely with its executives. They had taken an aggressive acquisition stance and had significantly grown revenues organically.
The president and CEO of Holley, Tom Tomlinson, stated that Lincolnshire Management had shown excellent knowledge of what they offer performance car enthusiasts. They had been able to see into all layers of his company and understand the complexity of what they do. Furthermore, he said that Lincolnshire Management had helped his company’s growth trajectory during the five years they worked together.
Helping Holley Performance Products during this sale was the law firm Kirkland & Ellis LLP. They also had UBS Investment Bank and Lazard Middle Market providing their financial advice.
Follow this link to see the firm’s profile https://pitchbook.com/profiles/investor/10059-85.