It was recently announced that Lincolnshire Management would be selling the company Holley Performance Parts, but not many details about the transaction have been released to the public thus far. Holley Performance Products was purchased by an affiliate company of Sentinel Capital Partners. This company has now merged with both Holley and Driven Performance Brands which has created a substantial footprint in the performance parts market.
Lincolnshire Management partnered with Holley back in 2013 and have been working to acquire more companies through a complex strategy as well as putting a significant amount of resources towards developing new products. Holley was founded back in 1903 and grew to be the largest company in their industry. Over the years, it has become an important part of car culture in the United States and has become synonymous with high-performance vehicles. The CEO of the Private equity firm, T.J. Maloney, has stated that they were drawn to the company’s impressive portfolio of products as well as the immense strength of the brand as detailed here.
One of the Principals of Lincolnshire Management, Ben Bartlett, praised Holley for its ability to innovate their field by creating important connections with their customer base and developing products that car enthusiasts across the world enjoy. During the time in which Lincolnshire Management was invested in the company, they managed to triple their revenue which increased the value of the company significantly. Ben Bartlett believes that the partnership between Tom Tomlinson and Holley has brought some big changes to the company and is happy that such an impact was able to be made.
Lincolnshire Management is headquartered in New York and was founded in 1986. The private equity firm focuses on helping middle market companies grow through recapitalizations, management buyouts, growth equity, and acquiring private companies. Some of the companies that the portfolio of Lincolnshire Management includes are Dalbo Holdings, Desch Plantpak, and Allison Marine. Since the company was founded, they have participated in upwards of 70 different acquisitions. Along with their office in New York, they also have regional offices throughout the United States in Atlanta, Chicago, and Los Angeles as well. More about the company’s locations is detailed in this link https://www.mapquest.com/us/new-york/lincolnshire-management-273481737