Lincolnshire Management Exits Holley Performance Products

Lincolnshire Management has held quite a few investments over the past few years. Perhaps one of the most notable of these has been Holley Performance Products. Holley was founded in 1903 and has since gone on to become a leader in the automotive performance product market. Lincolnshire Management invested in the company in 2013, noting that it was quite a significant investment opportunity. Now, the private equity firm has announced that it has sold its interest in the company to an affiliate of Sentinel Capital Partners. It was also announced that Holley Performance Products would be merged with Driven Performance Brands. Other transaction terms haven’t been released.

T.J. Maloney, Chairman, and CEO of Lincolnshire Management, noted the product portfolio that Holley Performance Products had access to. This included the likes of Hays, Mallory, Earls, Quick Fuel Technologies and DiabloSport, among much more. This was of a significant interest to Lincolnshire Management. Also of note was the automotive performance company’s management team. Since partnering with the company, Lincolnshire Management was able to triple revenues and quadruple earnings over five years. This was something that Ben Bartlett, a Principal at Lincolnshire Management noted invested a considerable success for both companies.

Lincolnshire Management also noted that Holley Performance Products had developed quite a considerable reputation over the past century. Throughout this time, it cultivated a strong relationship with customers across the industry. This was something that Lincolnshire Management was able to capitalize on. Bartlett also noted that Holley Performance Products has been able to successfully navigate a variety of different challenges and evolving customer preferences during that time.

President and CEO of Holley Performance Products Tom Tomlinson noted that Lincolnshire Management had a considerable impact on the company in the past five years. One of the most notable of these has been that it increased investment in new product development and pursued an aggressive acquisition strategy during that time. He also noted that Lincolnshire Management brought a considerable amount of knowledge to the industry. Lincolnshire Management also helped Holley Performance Products to successfully navigate a range of different challenges during their investment period. This was something Tomlinson noted when Lincolnshire Management divested from the company.

See Lincolnshire Management’s company overview¬†https://www.glassdoor.com/Overview/Working-at-Lincolnshire-Management-EI_IE108393.11,34.htm

William Saito Explains Why New Business Can Still Work in Financial Turmoil

William Saito is someone that knows about the business of getting a startup off the ground. He knows about this because he has had a ton of experience when it comes to creating different things that he tried to launch himself. The thing that has made it possible for William to survive is his ability to create products that were needed in times of financial turmoil.

Some people may consider shying away from starting a company in a time where financial turmoil is taking place, but William Saito believes that it is better for hungry entrepreneurs to start a company during a time like this.

William Saito actually believes that people have a better chance with their fiscal budget and the management of their money better during these times. It is not impossible to get a loan for a start-up even though some people may think that it is harder in times of financial turmoil. The expectations for a business to do well during these times may not be as high so the pressure is actually lower on someone that is trying to get a start up off the ground. The playing field is leveled in some ways because there may be businesses that have been successful in the past that are struggling because of the economic crisis that may be going on in the world. This is the perfect time to get your business in place if you have some type of innovation that fills a void. William Saito believes that businesses that have a unique perspective will be able to thrive even if the economy overall is not doing as well as entrepreneurs would like for it to do.

Even though an entrepreneur may start out with a lower profit margin in times where there is financial turmoil it will be better to start during these times because you have a more realistic perspective. If someone starts a business during the time where they economy is booming then they find themselves depressed and upset when the business model fails if the economy slumps after they have started the business.

 

People that start a business during times of economic turmoil, however, will be much more prepared to handle whatever comes their way when the economy is in a downward spiral. This means that they will have a much easier ride when the economy is revived and back to normal.

https://www.forbes.com/sites/williamsaito/#6868848497cc