Lincolnshire Management and TJ Maloney sell Holley Performance Automotive in Private Transaction
Lincolnshire Management, a private equity firm that specializes in the investment and acquisition of growing middle market companies, just announced that it had sold one of its iconic companies, Holley Performance Products. Holley is a market leader in the provision of branded performance products for the automotive enthusiasts. The branded performance products company was bought by Sentinel Capital Partners, a private equity company that focuses on making investments in promising lower midmarket companies. The private equity firm, Sentinel pointed out during the announcement that it will be combining Holley Performance Products with its Driven Performance Brands.
A market leader
Under Lincolnshire Management’s Holley Performance products which has been in business since 1903 when it was founded, rose the ranks in its sector to become the market leader. In its more than 100 years in the performance automotive aftermarket sector, the most prosperous years of Holley were with Lincolnshire. Lincolnshire Management, a manufacturer and marketer of branded aftermarket performance products is expected to continue with its good run under its new owner, Sentinel. Lincolnshire Management pointed out that under Sentinel Capital Partners, they hope that Holley Performance Products can be able to reach new higher goals TJ Maloney is the CEO of Lincolnshire Management and has dedicated hard work and energy to his company throughout the years.
Unlocking new possibilities
Though the terms of Lincolnshire Management’s sell of Holley Performance Products were not disclosed, given its admirable market run of late, it’s rumored that it was very lucrative. Sentinel Capital Partners move to merge Driven Performance Brands with Holley is expected to strengthen the company’s position in its market. Under this merger, Holley can not only reach a wide market but benefit from the strength it will would have as bigger company.
About Lincolnshire Management
Lincolnshire Management was founded in 1986 and has its headquarters in New York. Lincolnshire Management private equity firm is one of the top in investing and acquiring fast-growing middle-market companies. Lincolnshire Management has specialized in the acquisition of private companies, management buyouts, recapitalizations, corporate diversities, and growth equity for public and private companies. Currently, Lincolnshire Management has more than $1.7 billion of private equity capital under its management. Of late the firm has been strategizing to make major moves that will see it grow expansively.
See more about TJ Maloney here https://www.bloomberg.com/research/stocks/private/person.asp?personId=72886&privcapId=21511