Lincolnshire Management was founded in 1986 by Frank Wright and Steven Kumble, with its headquarters based in New York. The form is a private equity firm that mainly focuses on acquisitions as well as investments in industries found in the middle market. Before the development and foundation of Lincolnshire, Frank had spent over thirty years running a special finance division in a company named Hanover Trust Inc.
In this department, he became famous for leveraging buyouts, especially in the 1980s. This made him motivated to start Lincolnshire Management with the help of Steven Kumble. Frank later passed on in 1992 and this saw the company changing presidents such as James Tozer and T.J. Maloney. Steven, on the other hand, maintained his principal founding position until 2005 when he left Lincolnshire to become a founder of Corinthian Capital.
In 2009, Lincolnshire made its first major investment in Wabash National Corporation, which had just made an acquisition of one of Lincolnshire’s portfolio companies known as Transcraft. Lincolnshire has grown over the years and was even ranked among the top ten performing private equity firms in 2010.
This was a huge stepping stone for the company as since then, it has always shown an upward trend and has equally become famous in New York. It has even opened up several regional offices across Los Angeles, Atlanta, and Chicago which is a sign that expansion of the company is in the picture. In 2011, CNN Money news, as well as Fortune Magazine, ranked Lincolnshire as the fifth fast growing and largest private equity firm.
The company has made huge investments over the years and in a variety of industries. This has been possible through the numerous acquisitions which currently are estimated at 70. Moreover, the strategic investments, management buyouts, and recapitalizations has seen Lincolnshire manage slightly over $1.5 billion of funds that are of private equity. The most recent private equity fund is the Lincolnshire Equity Fund IV which is valued at $835 million.
Lincolnshire Management Inc. has professional employees that are experts in the portfolio management of the investor companies and are equipped with the resource of experience to see to it that the investor firms achieve their desired objectives. Lincolnshire has therefore shown consistency through their flexibility in the structuring of investment plans. The firm’s most notable investments include firms such as the American Coach Line and Prince Sports.
Lincolnshire Management has continued to make acquisitions as seen here https://magazine.promomarketing.com/article/national-pen-company-acquired-lincolnshire-management/.