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/

Jeunesse Global Product Excellence Awards

Jeunesse has once again proven excellence in their field by being honored with 24 awards at the 25th Annual Communicator Competition which is an international competition that honors companies for their creative excellence in communications. This is the fourth year in a row where the company, Jeunesse, has continuously raised the bar in the way it communicates the Jeunesse story to the public about its youth enhancement products. 

Among their honored awards, Juenesse received 11 awards of Excellence which is the competition’s highest award that they honor companies with, and 13 awards of Distinction. These awards were in the divisions of print, video and digital work that included both written and visual communication categories.

One of their newest products, the RVL Advanced Hair Care System won awards for its packaging, both digital and print communications which included the product line’s video and brochure. Multiple product videos were given the honors of Excellence as well as Distinction. Several products including RevitaBlu won awards for their packaging.

The Communicator Awards look for the best in public relations, public identity, corporate communications, and advertising. For this year’s competition, the Communicator Awards drew more than 9,000 entries, so Jeunesse was up against some stiff competition, yet were still able to show all of the other competitors what real excellence is when it comes to innovative products and new ways to communicate their image to the world. 

With their goal being to empower people to feel young while looking great by using products that they want to use to make a positive impact on the world by creating multiple innovative and comprehensive skin care and nutritional systems, the way they market and package their products has a huge impact on the business has been able to perform. They also have a multilingual customer support system which includes a top of the line platform and global enrollment in 34 offices that directly market to over 145 countries.

https://en.wikipedia.org/wiki/Jeunesse_Arena

Bhanu Choudhrie

Bhanu Choudhrie is a successful entrepreneur whose career journey is full of accomplishments. He was born in New Delhi, India in the year 1978. Throughout his career journey, he has done philanthropic acts and has also worked as a strategic investor as well as establishing C & C Alpha Group. His works as an investor cover a variety of establishments such as properties, medical centers, banking facilities, and many more. Choudhrie’s investment plans at C & C Alpha Group help startups attain their goals and nurture them to become the best.

Bhanu Choudhrie studied International Business and Marketing at the Boston University, where he graduated with a Bachelor’s degree. Bhanu, later on, joined Harvard business school. Bhanu established C & C Alpha Group back in 2001. Since then, the institution has raised its profit margins by making profitable investments. The company is also known for making lucrative investments in the evolving market.

As an entrepreneur, Bhanu Choudhrie is actively performing in various managerial positions. He has executive roles in a variety of institutions; he has served as a board and committee member for numerous establishments. Bhanu’s philanthropical acts and excellent entrepreneurial skills have earned him numerous awards. Bhanu has helped various philanthropic organization, including an establishment known as Path to Success. The institution assists individuals with chronic diseases and who have the desire to learn but lack capital.

Bhanu Choudhrie developed C & C Alpha Group as a way of bringing together all enterprises that were part of the family. Business ventures was a part of his family; therefore, he was progressing the act. According to Bhanu, his family lineage has been in the investment industry for over three decades.

Bhanu starts his day by checking his emails and watching the news to keep up with what’s trending. He believes that knowing universal trends in the business market are essential for the creation of sound corporate strategies. By around 10 am, he is usually at the office where he proceeds by attending meetings and taking business calls. Bhanu also spends his day working on future projects for the company’s growth.

Bhanu makes ideas a reality by taking in the input of others and allowing them to share their opinions.

Read full article about Bhanu Choudhrie on Wikipedia

Why Jeunesse Global Thinks Hard Work Is Worth It

The individuals responsible for the work done at Jeunesse Global with regards to constantly making developments in the anti-aging industry are continually trying to improve upon their past business model. It is important to the company at large to ensure that the only new people who are joining their business are working towards creating a reality wherein their products can genuinely reduce the effects of aging on the human body more than any of their competitors. They know that in order to do this, they need to work extremely hard towards creating new technology within their field, but to them, the hard work is worth it. 

When Jeunesse Global receives letters from customers detailing just how much their products have changed the individual’s life, they remember why they exist in the first place. Jeunesse Global does not simply work as hard they do because they want to make a profit; this would never work out in the long run. In their minds, chasing money only gets you so far. If you truly want to leave your imprint on the world, if you want to let everyone know that you are capable of creating a positive change in the settings around you, then you must fight for a cause you believe in. Fighting for the sake of fighting has never done much for anyone in the way of development, and Jeunesse Global is more than aware of this fact. 

It is because of this that they ensure that with every new product there is a reason for its existence. They will not simply pump out new ideas so that they can deceive more people into buying them; when they create something, they are preparing for it to be present on their catalog of items for years to come. Because of this, they want to ensure that it is nothing but completely refined, so they make sure to spend hours upon hours studying the effects of their products before they even become close to being released to the general public. This precaution ensures that Jeunesse Global only delivers the highest quality products to their loyal customers.

https://www.amazon.com/stores/Jeunesse-Global/node/10858420011

Marc Beer

LumeNXT, a privately-held company dedicated to developing surgical illumination technologies, recently appointed Marc Beer Chairman of the Board. LumeNXT’s product lines use proprietary technology to make minimally invasive operations to a preferred method of surgery. While invasive surgeries will still need to be performed under certain circumstances, doctors and surgeons would prefer to use less risky operations.

As minimally invasive procedures continue to rise, LumeNXT believes their technologies can make those surgical options for all parties involved. The team at LumeNXT consists of highly motivated, dedicated surgeons and engineers who’ve already made tremendous advancements in the field of surgical illumination. It’s important that LumeNXT develops these technologies.

A preferred method of surgeons today is using targeted illumination. This allows them to only focus on the problem areas rather than cutting too much into a patient. With the right technology, made by LumeNXT, surgeons have better visualization, precision, and flexibility; thereby, limiting risk to their patients’ health.

The advantage of LumeNXT platform is that it offers advanced illumination in a way, unlike any other brand. For a start, LumeNXT platform is used as a heat-reduction mechanism, which improves surgical precision, offers low-cost disposable options, and enhances visualization more than LumeNXT’s competition.

As for why LumeNXT wanted Marc Beer to join their company; he’s one of the most successful medical startup entrepreneurs in the industry. He founded and co-founded numerous enterprises, all of which, found success on a global scale. According to Paul Rhyne, Co-Founder of LumeNXT, Marc Beer demonstrates high levels of success that he wanted his company to experience.

Of the many successes in Marc Beer’s life, ViaCell stands out as one of the most successful. Founded in 2000, ViaCell was dedicated to collecting, preserving, and developing umbilical cord blood stem cells. Within the first seven years, the company grew into one of the robust commercialized organizations in the industry.

By 2007, ViaCell employed over 300 employees and opened on the public market as one of the desired stocks. Also in 2007, the company was acquired by PerkinElmer, but Beer didn’t leave the company. He stayed on and served as CEO while also serving as a member of the board for Erytech Pharma.

Marc Beer has 25 years of experience developing and commercializing biotechnology, pharmaceuticals, devices, and diagnostics. Rhyne hopes that Beer will bring all that experience to his new role as Chairman. With Beer leading the company as he has so many others; LumeNXT surely has a bright future. Learn more: https://www.prnewswire.com/news-releases/lumenxt-names-marc-beer-chairman-of-the-board-300822547.html

Nina Vaca Explains What It Takes to Be an Entrepreneur

Nina Vaca is a successful entrepreneur who started an IT staffing company, Pinnacle Group, in her living room at a young age. Today, the company is expanding globally. Vaca’s determination not to let obstacles get in her way is why she was the ideal person to speak at the Hispanic Scholarship Fund’s Entrepreneurship Summit. Besides describing her personal entrepreneurial story, Nina Vaca told the group they have a civic responsibility to help others once they achieve success.

A sought-after speaker, Nina Vaca spoke at the Women of Innovation Summit in Texas on April 3, 2019. She kept the same theme; inspiring women to overcome roadblocks while helping others.

For Vaca, helping others is not just about inspiring future entrepreneurs; she and Pinnacle Group associates provided holiday meals for families at the Cena-En-El-Barrio event late last year. Only a few days earlier, Vaca was at the United Nations Headquarters to accept the Impacto Latino Award for her contributions to the Latino business community. Nina Vaca’s parents came to the U.S. from Ecuador in the 1960s. She’s never forgotten her roots, raising $100,000 for Ecuadorian earthquake victims by running a triathlon. She credits her parents’ strong work ethic and the desire to own their own business for making her a flourishing entrepreneur who never forgets her civic responsibilities.

A Sit Down Interview with Wes Edens

 Recently an interview was published on Interview.net with prolific co-owner of the Milwaukee Bucks, Wes Edens. Ric Bucher, writer for the Bleacher Report decided to sit down and have a conversation with him over the NBA All-Star Weekend to review how the past season has gone for him. First, they went over his thoughts on the celebrity game and if he watched it with one of the other co-owners of the Milwaukee Bucks playing, Marc Lasry and he stated that he would watch it but never play in it as he has a huge interest in the sport and likes having some part in it. but never wants to consider himself as a celebrity.

Ric Bucher decided to ask Wes Edens about his personal life in competing and that he actually had a past as a competitive skier growing up. Upon getting older, Wes put down the sport but still enjoys rock climbing as a sport since he still loves spending the time on the mountains as much as he did as a kid. Ric reflects upon Wes that he’s an interesting person in the field of sports as you generally don’t have that many people in upper management who decided to still partake in playing in sports at all today. Wes Edens decides to keep going on about rock climbing and shares stories about the scariest experiences he has had climbing, with the scariest being the time that he tried to rush himself off the Wind River Range during a storm that almost had him repel himself off below. To know more about him click here.

Towards the end of the interview, Wes Edens describes how he became the type of investor that has been described as an underdog of sorts today. Wes realized that when looking at how big sports have been whether it be for college or NFL for the city of Milwaukee, there was no real reason that the Bucks couldn’t succeed just from the lack of interest. He explains how important it was for him not to make the product that is the team successful, but to make an innovative arena that would really want to make people come out and see basketball games live in person instead of watching them on the big television screens they already own. During this whole interview, Wes Edens really lets you see into his mind and show how his what was seen before as unconventional methods of investment are actually very successful.

https://www.crunchbase.com/person/wes-edens

Marc Beer Takes On Position Of Chairman Of Board At LumeN XT

Marc Beer is someone who has had an impressive career within the field of biotechnology and stands as one of the more prominent people within this sector. Through the course of his career, he has worked with a number of well-known names and companies who have established their presence within this sector. One of the more recent endeavors that Beer has had to take on was for the role of Chairman of the Board of a company known as LumeN XT. LumeN XT is a company that specializes in the production of proprietary surgical equipment, particularly those who are looking to produce equipment that is used for noninvasive surgeries. Marc has brought on more than twenty-five years worth of experience to the company, which is why LumeN XT believes that this is a beneficial route for the company to take as a whole.

Soon after being appointed to the role of Chairman of the Board for LumeN XT, Marc Beer decided to release a statement talking about the different intricacies of the company and the developments that he plans to implement. In his speech, he stated that he was incredibly proud to have the opportunity to work with some of the best doctors, engineers, researchers and many more professionals who are dedicated to the field. He also talked about the one facet of this company that drew him closer to all that they did. He stated that the unique illumination technology offered by the company was something that got him interested in all that they had to do, and was something that he believes is a vital part of the development that the company has been pushing for. He stated that there is incredible importance to the surgical illumination services that the company provides, and is something that works to assist surgeons and doctors, helping them perform procedures in a better manner.

The notable facts about the surgical illumination that LumeNXT provides is the heat emissions that are caused as a result of it. Normally, surgical lighting solutions emit a certain amount of heat which can affect the overall efficiency of the procedure. By eliminating the heat produced, doctors and surgeons can have more precise movements without any kind of hindrances.

The reason why Marc Beer was selected to take on this prestigious position was because of his strong involvement in the sector. Marc Beer had previously worked with a number of companies within the field of biotechnology and was well versed with the aspect of corporate development. The board of directors believed that bringing him on would enable better insight for the development of the company and would ensure that they move on a path that is favorable for their growth and development.

The Investing Strategy of HGGC

There are many theories about investing. You will find that experts in the field of investing have their own ways of going about their business. There have been literally thousands of books written on the subject. There are some companies that are much better at investing than others They have a knack for putting their money in the right industries and generating a profit. HGGC would definitely fall into that category. The private equity firm headquartered in Palo Alto has become a darling of Silicon Valley. They have made connections with many of the biggest tech firms in the world. These valuable connections have been a huge asset for HGGC over the years.

One of the biggest reasons why HGGC has had such massive success over the past decade has been their leadership. The people who are in charge of running the company have an enormous amount of experience. They have seen and done everything in the world of finance and investing. Therefore, they are able to predict what direction the markets are going to take. The venture capitalists who invest with HGGC are well aware of their skill when it comes to finding great potential investment opportunities. This is why the company never has a shortage of people who want to work with them.

The investing strategy of HGGC involves spreading their money out over many different industries that are always in demand. For example, they have poured a lot of money into tech and infrastructure over the years. These investments have generated huge profits for the company. They also prefer to keep all of their investments very close to home. They tend to shy away from investments that require them to put money into foreign countries. They prefer the stability of the North American economy for all of their investment ventures.

The world of investing is constantly evolving. Only the private equity firms that show the most consistent profit will be able to survive. HGGC has proven itself many times over the years. There is no sign that this will be changing any time soon. They are always ahead of the curve.

https://pitchbook.com/profiles/investor/22466-71