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

Fortress Investment Group Has Introduced Open-End Fund To Investors

Fortress Investment Group has introduced direct-lending to boost the amount of money the company has been lending to investors. This is a lending strategy that is mostly focused on ensuring that customers will be getting more credit from the company. Although customers are the ones who are likely to gain from this innovation, Fortress Group will be able to establish itself as one of the most profitable companies to the interested investors.

Recent reports indicate that Fortress Investment Group is expected to launch another funding opportunity that is designed explicitly for intellectual properties, solving real estate debts, and helping in the purchase of aircraft leases. The owner of Fortress Group, SoftBank Group Corporation, is expected to close the direct-lending for 42 billion shortly. However, the $2 billion funding will not only be used to buy real estate debts but will also play a significant role in buying other profitable ventures.

Another product that has been on the raise at Fortress Investment Group is an open-end asset fund, which has already attracted $500 million. Recent trends show that Fortress Group is drawn to the private credit market due to the higher yields from investments. This has caused significant shifts in the operations of the company. Fortress Group has already moved its operations from pension plans, sovereign wealth funds, and insurance companies.

So, what is a private credit market? This is money given to various organizations for investment opportunities after careful negotiations between the two parties. Careful negotiations have helped Fortress Investment Group to make huge profits than what it was making when it was trading its funds in public markets. In most cases, private credit markets may include structural lending, bonds, loans, and direct lending, among others.

This has made open-end assets to be a darling for many investors because they can pull their resources together and get a huge investment that is not common in other funds. Fortress Investment Group is using the open-end fund to help investors to invest in a low-cost and low-barrier market. Most of the public markets are known to be costly and high-barrier markets, which mean that only few investors can invest in these funds.


Sussex Healthcare: General Information and Information about a New Endeavor

Brief Introduction

Sussex Healthcare functions twenty centers of living and care for different groups of people. For example, those who suffer from dementia, neurological disorders, and those who undergo dementia. Also, the people who have serious disabilities that are natural or learning. A fragment of the centers of treatment over ensuring that residents have enjoyment in a well-being feel. For that purpose recreational activities and gatherings that are social are just as vital for the tending of the tenants health. The home of this company have a crew of nurses. These give the tenants as much consideration that he or she needs. The tenants will get twenty-four hour care at a home of Sussex Healthcare.

New Announcement

Sussex Healthcare recently opened an  extensive gym with a lot of equipment. Examples are elliptical trainers and stationary bikes. There are also many kinds of medicine balls, free weights, and treadmills they are able to make someone’s abdominal muscles more strong. There is also a pool which has cables. In addition residents have the ability to chill in a giant hot tub. It had been displayed by many studies that a hot tub is able to do prompt the discharge of endorphins.

It can also lower soreness caused by some exercises and lower stress and more of the manufacture of added norepinephrine. Sussex Healthcare also contains a swimming pool as well. The resident can take part in classes that can help them swim in pools with currents that are predetermined. The activities could greatly step up the endurance and boost the flexibility of every swimmer. Sussex Healthcare also has group session. They can be used to assist residents to complete a lot of exercises. Different reports displayed that these sessions can more endorphins that the brain of a member can take out. It can also prompt parts of the brain that are grouped with well-being and lower stress. Learn More.

Southridge Capital Is Always Meeting Their Clients’ Changing Needs

Southridge Capital LLC specializes in a diversity of financial matters encompassing financial options to its business clients. They guide and advise on corporate issues such as mergers and acquisitions, finance options, balance sheet advisory, bankruptcies, and many other areas. The company maintains its headquarters in Connecticut. Steven M. Hicks serves as the Chief Executive Officer of the company.

In the time period of the last 20 years, they have helped more than 250 public companies with financing. They will also help their corporate clients make the transition from private ownership into a public entity. The financial experts at Southridge Capital are known for their unique and innovative solutions that are financially beneficial to businesses. They offer customized solutions to the diverse complex issues that will affect their balance sheet, and they present an effective strategy in order for their clients to reach their goals. The firm has been recognized as a “company on the move”and has earned this classification as they continue to add new services. The company’s team are specialists in their industry, and their focus includes not only financing options, but also credit restructuring and strengthening, securitization, and many corporate options. You can visit their website

The company has been in existence since 1996. It was founded by Steven Hicks. As CEO, he takes on numerous roles within the firm. He creates the detailed and intricate strategies that define the company as a leader. He also focuses on new business development, and his reputation aptly attracts a great deal of new clients. He has redesigned the brand that the company represents by increasing their products and services to meet their clients’ needs. In addition to Steven, Southridge Capital is also served by other respected and experienced leaders.

The Controller and Chief Financial Officer of the firm is Nadine Persaud. The Chief Operating Officer is Henry B. Sargent. The two other members of the executive team are

Lawrence J. Ditkoff, the Research Director and Linda Carlsen who serves as the Portfolio Management Specialist. Together this strong team leads the entire team of talented professionals at Southridge Capital.

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Impressive $54 Million Note Placement

NexBank Capital, one of the preeminent local banks in the Dallas-Fort Worth Metroplex, has announced the success of its $54 million subordinated note offering to financial institutions and individual investors. As a result of NexBank`s efforts, the company has been able to place $283 million of debt securities and equity investments. Sandler O’Neill & Partners, L.P acted as broker for the offering, which was concluded in September 2017.

The securities have been rated BBB- and stable by Kroll. In addition, they fall under the Tier 2 capital category. As a result, these offerings are made available subject to the Securities Act and therefore may not be legally sold except in compliance with the act.

NexBank Capial, Inc., has grown from a local neighborhood bank into a major financial institution. It now specializes in services for institutional clients, although they also provide personal banking services as well as wealth management for high-net worth investors. NexBank is also extremely active in the mortgage banking sector, providing a high-level of service normally found in smaller banks but with capital levels typical of larger financial institutions. They offer conforming, government, and jumbo mortgages.

The growing bank has actively sought out new investments and opportunities. In 2015, the company bought out College Savings Bank of Princeton, a specialty institution offering college-savings programs. In addition, NexBank has successfully raised tens of millions of dollars in capital over recent years, cementing its position as one of the country`s top midsize banks. As of 2017, the bank has over 6 billion dollars of assets in its custody. Led by CEO and President John Holt as well as co-founder James Dondero, NexBank prides itself on its high level of customer satisfaction as well as expertise in complex financial transactions. NexBank continues to expand its offerings and services.