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

Luke Lazarus on Leaving Your Comfort Zone

One suggestion Luke Lazarus frequently gives to young, aspiring business-owners is to make sure that when you develop a brand, you create a story to go along with it. People will be much more receptive to ideas that sound good on paper, and a success story is bound to draw attention.

Of course, once you grab the attention of the public, your job is not even close to done. After this, Luke Lazarus would claim that the best course of action is to demonstrate to them that you have something to offer them. If they can be convinced that you are worthy of their attention, they will listen to whatever you have to say. Beyond that, it is all about how good of an idea you can come up with.

Luke Lazarus tries to think about what it is the public struggles with and how he might be able to fix that, but he acknowledges that there are a variety of methods of dealing with the pressure associated with business, and any solution he could give someone would only be his personal view on the matter.

This is why Luke Lazarus does not run around flaunting his word as though it were law; he knows that there is no such thing as a true constant in the chaotic world we live in, and the closest we can get to consistency is in our lack of it. Because of this, it is foolish to center your happiness on only a single potential outcome, as there are a multitude of others always available to you. Read more: Luke Lazarus – and Luke Lazarus Profile |

The thing that people often do not understand, however, is that an outcome is not always yours to take. There are many factors of life that you simply cannot control which will contribute to the extent of success you are able to reach. Because of this, Luke Lazarus urges people to play it safe with their money, for their is no guarantee that they will be able to have a constant supply of it. Learn more about Luke Lazarus:

After all, life is full of variables; that is part of its charm. Without factors we are unsure of, we would simply be walking through a plane of familiarity, and nothing presented before us would pose a challenge. This is the reality that many people genuinely want to live in, but someone like Luke Lazarus is repulsed by this idea of perennial comfort.

Comfort is an idea that he wants to deconstruct to its most bare components. At the end of the day, comfort is simply the result of a lack of action, and living life without action is just about as useful as not living life at all. Because of this, Luke Lazarus chooses to act rather than sit in a state of wellness.

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.