Lincolnshire Management recently announced the sale of Holley Performance Products to Sentinel Capital Partners for an undisclosed amount in an agreement overseen by Lazard Middle Market and UBS Investment Bank with legal counsel provided by Kirkland & Ellis, LLP. The Terms of the sale have not been released.
Together, Holley Performance Products and Sentinel Capital’s Driven Performance Brands, creates a strong portfolio of iconic names, in the automotive aftermarket industry.
Holley Performance Products has been in business since 1903. As one of the largest automotive aftermarket product manufacturers for well over a century, they have an extensive background and invaluable skill in developing innovative, high-quality performance products for auto enthusiasts world-wide with brand names, including Hooker, ACCEL, Edge, Weiand, Mallory, Racepak and DiabloSport.
Partnering with Lincolnshire Management in 2013, under the guise of Holley Performance Product’s CEO Tom Tomlinson, the company formed an aggressive strategy that dramatically increased revenue and earnings. Ben Bartlett, a Principle for Lincolnshire Management said that Tomlinson and his team were able to achieve tremendous success by driving innovation, and using the latest technology to offer the high-performance products that consumers were looking for.
Lincolnshire Management is a private equity firm that partners with both private and public companies across many industries with potential for growth. Lincolnshire Management provides expert managerial skills, and they work with companies to develop strong performance strategies that increases profitability. Their business portfolio includes well-known companies such as Desch Plantpak, Dalbo Holdings and True Temper Sports. Lincolnshire Management also has an extensive background in managing buyouts, capitalizations and corporate divestitures. Since 1986, Lincolnshire Management has overseen $1.7 billion in private equity funds, including Lincolnshire’s most recent $835 million Equity Fund IV.