Lincolnshire is a private equity firm founded in 1986 recently nearly tripled its net worth through the sale of Holley Performance Products. Holley is an aftermarket auto-parts maker. Founded in 1903, Holley has been under the umbrella of Lincolnshire for the last 5 years since it was acquired by Lincolnshire in 2013.
Holley was acquired by Sentinel Capital Partners, who hopes to combine it with its Driven Performance Brands. Despite the fact that details of the sale were not disclosed, the deal was very lucrative for either side. Holley had however retained the investment Lazard Ltd.
Based in Bowling Green, Holley manufactures and markets high-end fuel-injection systems, ignition, and engine tuning products, exhaust and carburetor systems. Some of the major brands for which Holley produces include; DiabloSport, MSD, Accel, Sniper EFI, Super Chips, Hooker Blackheart and Edge.
Lincolnshire Management had acquired Holley in 2013 from Monomoy Capital Partners and has since grown in size and revenue. On the other hand, Sentinel Capital Partners had bought Driven Performance Brands in 2015 from Dubin Clark & Co. Driven Performance Brands is a Santa Rosa, California-based manufacturer, and marketer of specialty automotive performance products.
The combination of the two brands; Holley Performance Brands and Driven Performance Brands seems to the real deal. Their combined experience in their respective areas promises to create a brand like no other.
Sentinel invests in eight diverse sectors. The sectors include Business services, aerospace, and defense, consumer markets, food & restaurants, distribution, industrials, franchising, and healthcare. Sentinel normally targets middle-market firms worth up to $65 million in earnings before taxation, interest, depreciation, and amortization.
Lincolnshire Management invests in different industries especially in distribution, service businesses and niche manufacturing.
About Lincolnshire Management
Lincolnshire Management is a management is a private equity manager based in New York with a regional office in Chicago. It concentrates more in the middle market companies. The company currently has over $1.7 billion private equity capital under its portfolio. This includes its most recent $835M Lincolnshire Equity Fund IV. Lincolnshire’s Funds I & II ranks in the top quartile of private equity funds.
Currently, Lincolnshire Management invests in the acquisition of private firms, corporate divestitures, recapitalizations, growth equity for private and public companies as well as management buyouts. Through its highly experienced personnel, Lincolnshire has been able to execute quite a number of acquisitions through its 30 years of operation.