Mergers, Acquisitions, and a New York Boss

Lincolnshire Management the New York-based private equity firm recently announced (October 15) it would be investing in Powerhouse and two other companies in an attempt to create a prominent national platform company. VSS a firm with a vested interest in high-demand tech-enabled business has also announced its minority investment in Powerhouse.

TJ Maloney, the President and CEO of Lincolnshire Management expressed excitement about acquiring Powerhouse and about working with VSS. The feeling was obviously mutual as Patrick Turner, the managing director of VSS also expressed excitement about the partnership. Both parties look forward to drive growth and claim a bigger stake of the multi-million dollar market.

Lincolnshire Management has made over 85 acquisitions in various industries since its inception in 1986. The company is a leader in investing in middle-market companies and TJ Maloney has been a driving force for its growth for over 25 years. He has guided the company initiative for acquisitions and mergers since joining the company in 1993.

Currently, Lincolnshire Management controls over $1.7 billion in private equity funds and its most recent equity fund is valued at $835 million. The company’s Fund II and III are in the top quartile of private equity funds.

Powerhouse, one of Lincolnshire Managements’ recent acquisitions is a provider of national construction services, facility maintenance, and rollouts. The company is located in Crowley, Texas, but provides services to a wide range of businesses nationwide.

SVW, the other acquisition, and its lucrative add-on, One Source Security & Sound is a leading company involved in full-service installations of ATMs and self-service kiosks; it services financial institutions nationwide.

The merger of the companies will provide refresh, remodel, and facilities maintenance. They intend to serve a wide range of industries including healthcare facilities, convenience stores, national chains of banks, large residential rental apartment units and retail.

The merger will reportedly have more than 650 employees and more than 13000 subcontractors nationwide to cater to the needs of their growing customer base. TJ Maloney is optimistic about his company’s growth in 2020.

TJ Maloney graduated from Boston College with a bachelor’s degree in 1975 and from Fordham Law School with a Juris Doctor degree in 1979.

Read more about TJ Maloney here https://www.prnewswire.com/news-releases/lincolnshire-management-adds-four-new-investment-professionals-to-team-300872415.html

Nitin Khanna Has Done Big Things With Technology Since A Young Age

Nitin Khanna was born and raised in India and many of his family members were entrepreneurs who inspired him from a young age. He saw his relatives working with all kinds of businesses and learned what it was like to run a motorcycle parts factory and more. He attended a prestigious school outside of his village in India and got a good education there. When he was seventeen, he moved to the United States and attended Purdue University, where he got a master’s degree in Industrial Engineering.

Nitin Khanna got started in his career in the paper industry but he knew that that wasn’t where he was going to stay as things were quickly changing with technology. Not long later, he left his paper job and started working for a computer technology corporation, where he served in many roles and learned a lot. His younger brother came to the United States for school and Nitin Khanna was ready to get into something new so he asked his brother to start a company with him. They were twenty and twenty-five years old at the time and they created the company in perfect timing. The United States government needed the technology that they had created with their company and they helped it out. Nitin Khanna went on to found another technology company because of the great success that he had found with his first one.

Nitin Khanna lives in Portland, Oregon and meets with his team each day to keep up with what is going on in his business. He is careful about each idea that he creates and makes sure that it is going to stick around for the long-term before he moves on to something new. He believes that being investigative has helped him throughout his career and that by working hard, being patient, and having goals, he can accomplish a lot.

Read more about Nitin Khanna here https://mergertech.com/team/nitin-khanna/

Keeping up with Iskandar Safa

The Genesis of Iskandar Safa

Iskandar Safa is the Co-Founder and CEO of Privinvest Group. Iskandar Safa was born in Beirut, Lebanon in 1955. When Safa was a young man, he and his family went through much turmoil because of the civil war in the country.

In spite of that, the family was able to overcome the challenges that were put before them and maintain a successful civil engineering business. In 1978, Safa went to the American University of Beirut; there, he obtained his civil engineering degree. Later, Iskandar Safa moved to France and obtained his MBA from INSEAD.

After that, Safa worked for a few years in his family’s business. Later on, Safa decided that he wanted to start his own business. He acquired his first shipbuilding business in the 1990s.

A Chat with Iskandar Safa

Recently, superyachttimes.com did an interview with Iskandar Safa about his business and his success. Even though Safa is one of the richest men in Lebanon, he is a mild-tempered and humble man who does not think too much of his accomplishments. Almost 30 years ago Safa and his brother started Privinvest.

Since the inception of this shipbuilding company, Privinvest has become a leader in the shipbuilding industry. Privinvest employs about 2500 around the world, and it has delivered more than 2000 vessels. Privinvest creates superyachts and innovative navy vessels for international clients. Get Related Information Here.

This company has several successful shipyards including one in Germany called Nobiskrug. In his interview with superyachttimes.com, Safa speaks about the success of this shipyard. Nobiskrug is located in Rendsburg, Germany.

This acquired company has a rich history that dates back to the early 1900s. Since Safa’s acquisition of this company, it has delivered some of the highest superyachts to his clients, and Iskandar Safa is determined to continue to innovate high quality vessels at this facility and beyond.

See This Page for additional information.

Steve Ritchie: The Guy Behind Papa John’s

Papa John’s is one of the world’s most well-known pizza businesses. It employs about 120,000 people. Papa John’s calls 45 countries and territories, as well as all 50 states, its home. The company spreads pizza to the far reaches of the planet as it opens up more franchises. The beauty of Papa John’s is that they give fast, convenient service and dish out great products. Papa John’s dishes out pizza with a variety of different toppings. Some of the toppings include meatball pepperoni, pepperoni, sausage and cheese.

Steve Ritchie is the current mastermind who runs Papa John’s. His story should serve as an inspiration to anyone who works on a lower end job and wants to go up the career ladder. He started off as someone who was on the lowest rungs of the Papa John’s career ladder. After showing dedication and great leadership skills, he kept getting promoted to higher levels of the company. After about twenty years, he is now the current CEO of the company. Steve Ritchie controls the planning of the company. It is quite obvious that he is doing a superb job in his position, because Papa John’s is doing great.

Steve Ritchie is based in Louisville, Kentucky—the place where he grew up. Now, he lives there with two daughters and a wife. He takes on a very positive view of the company, and believes that the best, most crucial ingredient in Papa John’s is people. This makes a lot of sense because of the fact that you cannot have a business without people. Without people, there are no customers, workers or leaders. No human-made institution exists without the presence of humans. The more humans are involved and dedicated to an institution, the more it thrives. The dedication of people makes the success of Papa John’s possible.

Betterworks: Managers Conclude That the Performance Management Processes Should Be Improved

Betterworks

Betterworks has gained some prominence when it comes to the formulation of continuous management software. Recently, they were able to release the findings of a certain survey that had been carried out using a population of more than 1,000 managers who have been working with an employee base of more than 500 individuals. 

Download the Betterworks App – https://www.getapp.com/hr-employee-management-software/a/betterworks/

According to the report, managers help to improve workforce performance within a company. Their primary focus is in ensuring the staff is motivated so that they may be productive. The managers who took part in the survey talked more about the specific strategies that they have been implementing to increase productivity within the organizations that they have been leading.

When a person becomes a manager, their primary duty is to lead while also offering some guidance to the employees within the respective companies. As a manager, what matters most is the talent management process and the performance of the firm. As per the research, some of the managers have not been getting the support that they need.

Learn More About Betterworks Software – https://techcrunch.com/2014/09/23/betterworks-2/

As per the research carried out by Betterworks, the analysis of the findings showcase that;

•The managers do not have a sense of purpose- the companies that have outlined their objectives have been outperforming the market by a considerable percentage. As per the survey, some of the managers do not have a sense of purpose, and they also come across different challenges when leading the organizations.

It is also good to note that some of the managers have noticed that there is no alignment within the organizations that they are leading. Additionally, the managers have concluded that the performance management processes offer little value, although they are supposed to help the executives to train the employees. 

Betterworks

The Famous Resident, Zeco Auriemo

The Fifth Avenue neighborhood which borders the east side of New York’s Central Park is one of the famous, lucrative, highly sought after line of houses in the world. It is populated by all manner of rich and powerful entrepreneurs, lawyers, and advertisers. A few years ago, Jose Auriemo Neto, the CEO of real estate development company, JHSF, and his family took up temporary residence. He would be there to supervise as JHSF completed its first project in the states: The transformation of a four-story 19th-century mansion into a luxurious apartment building.

The acquired the building for $32 million and working and eventually acquired permission to alter the historic building. They also had to win over the neighbors who were very vocal about the discontent about the whole thing. There was additional hesitancy because the mansion was the oldest building on 5th avenue. Famous 20th-century residents of the mansion include Norman Rockefeller, a banker and former U.S. Vice President; Steve Wynn, a Las Vegas tycoon; and the actor, Richard Gere. The end of the construction project signaled the departure of Jose Auriemo and his family.

However, Sergio Millerman continues to lead as the representative of JHSF in the USA. In previous years Jose had been instrumental in revolutionizing the economy of Brazil by taking JHSF into the luxury retail sector. Their first project to that end was the massive luxury shopping complex, Cidade Jardim. Auriemo also led the company into a very lucrative partnership with the Fasano hotel and restaurant chain.

QI Group Executive Chairman Vijay Eswaren Is An Expert In Hospitality And Direct Selling

Vijay Eswaren is an entrepreneur with more than 20 years of experience running a successful business. Vijay started the QNET company along with the QI Group, for which he is now the Executive Chairman. WIth a specific focus on direct selling and hospitality, Vijay has been able to turn QNET into a global corporation with partnerships all over the world.

Vijay’s QI Group has become a huge corporation with projects throughout various industries, such as direct sales, education, telecommunications, retail, logistics, advisory, antiques, luxuries, and much more. Vijay has been with the company since the beginning, helping form the business strategies and provide direction that has led to extreme growth over the past decade. The QI Group’s services are used in over 30 countries today and they have opened up various locations for business around the world, including offices in Singapore, China, Thailand, and Malaysia.

Over the course of his career, Vijay has built quite the portfolio of business accomplishments and vastly sharpened his skills. More so than most, Vijay is also an excellent communicator, both in business and general conversations with people. He has taken the time to speak on countless occasions over the years to talk about business and his career around the world, from universities to dozens of business events. Vijay has been featured on dozens of forums and business programs as well. Dedication is an important trait for any successful individual to have, and it is one of the principles that Vijay lives by. For him, dedication is all-encompassing and the only way to be a highly successful businessman, which is why he focuses on improving and being productive in all aspects of life that he can be. This extends into philanthropy as well, with and without his company QI Group. Giving back not only helps the community and brings new growth, but Vijay believes it is an important responsibility for any individual with great success.

Isabel dos Santos: Africa’s Gift to The World

Isabel dos Santos is one of the Godsent Individuals, because she has done well for her country and is doing better for a continent. She goes all around the world speaking in conferences and highlighting the usefulness of technology in Africa as a whole. Isabel dos Santos is currently the CEO and spokesperson of UNITEL Angola, one of the largest telecommunication brands in the country (Aboutme).

As well as being the CEO of that company, she is the richest woman in Africa. Exposure in her background has open paths to incredible success, and showed her the way to lead people into the promised land. Isabel dos Santos spent most of her life in Europe, getting used to western ways and education in order to tackle problems in technical and intelligent ways. Currently, her company is number one in Angola in terms of telecoms and soaring to new heights on the global stage.

They have now partnered with WEF, the World Economic Forum is targeted at industry specific functions of the organization. WEF is targeted at partnered companies and getting them to contribute well to their communities, also enriching the people around them. For Isabel dos Santos, high effectiveness, they tailor the functions of the organization to partner industry. In plain terms, whatever function a company carries out must be tailored to their industry. This allows them enjoy what they do while maintaining high levels of effectiveness. UNITEL’s presence as the national leader for telecom, puts them in an exclusive group with the likes of Alibaba and Bill Gates Foundation.

Isabel describes it as a good moment for herself and her company to be group with great corporations of the world. UNITEL is not her only venture, as a matter of fact Dos Santos has partnerships in Portugal, other European countries and South America.

The latest plan is to create fiber optic cables from South America to Africa. Other times she goes around the world speaking in front of future entrepreneurs and people who care to foster the growth of the continent. In some of her conferences she highlights the use of making steady progress towards a goal.

More on Dos Santos´ philanthropic career for Africa at https://www.bbc.com/news/av/world-africa-39485778/isabel-dos-santos-i-face-prejudice-because-of-who-i-am

Steve Ritchie Championing for Diversity at Papa John’s

Steve Ritchie is Papa John’s (CEO) Chief Executive Officer. Right after assuming the position of Papa John’s CEO, Ritchie shared an open letter with the clients, shareholders, and stakeholders of the brand. The message Steve Ritchie posted on social media was an apology from the brand for letting down its clients and partners.

In an open letter addressed to the clients, shareholders, and Stakeholders of Papa John’s, Steve Ritchie mentioned that both the executives and staff at Papa John’s have recently completed their compulsory unbiased training program. According to Ritchie, the unbiased training program will be carried out in all Papa John’s outlets.

The management team at Papa John’s and the brand’s senior executives also agree that an independent cultural audit should be carried out in all outlets. During the audit, there will be an investigation into the brand’s diversity and the various inclusion practices after which, recommendations will be provided.

Diversity and inclusivity are the top priorities at Papa John’s. Steve Ritchie understands that it is the duty of Papa John’s to create an environment that is accommodating to all its clients and employees. In the spirit of championing for inclusivity and diversity at Papa John’s, Ritchie led a team of Papa John’s executives to Dallas, Chicago, Los Angeles, Detroit, and Atlanta so that they could assess the areas that Papa John’s need to improve its relationships with stakeholders, shareholders, and clients.

Papa John’s Steve Ritchie has revealed that the franchise is working on assembling a much-needed advisory group that will be made up of nationally renowned and respected experts in the field of equity, diversity, and inclusion.

Ritchie believes that these professionals will play an essential role in overseeing the management and steering of the brand, while at the same time providing recommendations on how to create an all-inclusive working environment that can accommodate people from all backgrounds irrespective of their racial profile.

Steve Ritchie ended his open letter to the firm’s clientele base and the firm’s investors by stating that, under his leadership, Papa John’s will be focusing of inclusivity, diversity, and an all-around leadership team that represents the brand and its ideology.

Whitney Wolfe-Herd Doesn’t Play By the Rules

Whitney Wolfe-Herd is someone that has refused to play by the rules. Anyone that has taken a look at the Bumble NYC Hive where people from Bumble are able to meet are well aware that she is planning the dating app game completely different.Wolfe-Herd knows what she is capable of with a dating app, but she did not set out to start a dating app alone. If someone gets a chance to look inside of the headquarters for Bumble they will notice that it is to start up technology dating app that does not actually have engineers in place. It is much more common to see a large number of women that are using laptops and phones to engage in various types of brainstorming activities.

These women are doing their best to make improvements with Bumble, and they are testing the waters with all the other possibilities that come from researching the competition.Bumble has proven to be a stellar dating app, and Whitney Wolfe has received a great amount of recognition for branching out and reinventing the wheel when it came to dating apps and the way that people perceive dating app developers.It does no good for Whitney Wolfe to create a dating app that looks like everything else there is out there. When she got married to her husband Michael Herd she was taking a break from the rigorous work schedule that she has engaged herself into. She would find herself in Italy enjoying some of the fruits of her labor.

She would enjoy transitioning from a single woman to a wife, but Whitney Wolfe has remained well aware that there are so many other single women that are trying to get to where she is. She knows that there are a lot of women that are looking for a chance to cross the threshold, but first they have to find the right match and engage in communication with the right person. This is what she is trying to establish with Bumble. Whitney Wolfe-Herd is someone that has not been afraid to push the boundaries. Her level of fearlessness has allowed people that may have never consider dating apps to try this type of environment out. She has clearly proven that dating apps have the ability to be successful if someone is willing to think outside of the box. Wolfe-Herd has shown that she is creative.