Lincolnshire Management
Lincolnshire Management is a company.
Financial History
Leadership Team
Key people at Lincolnshire Management.
Lincolnshire Management is a company.
Key people at Lincolnshire Management.
Lincolnshire Management is a New York City-based private equity firm founded in 1986, specializing in control investments, recapitalizations, corporate divestitures, management buyouts, and growth equity in lower middle-market companies with annual revenues typically in the $25-250 million range[1][2][3]. The firm's mission centers on partnering with management teams to build value through a collaborative, hands-on approach that emphasizes operational efficiencies, organic growth, and strategic acquisitions, managing approximately $1.9 billion in private equity funds and having completed over 110 acquisitions across diverse industries[1][3]. Its investment philosophy prioritizes strong management infrastructures and growth potential in sectors like manufacturing, consumer products, and services, with a track record including notable exits such as Latite Roofing and investments in companies like Riddell and REMEDI8; this has positioned it as a top performer, ranked in the top 10 by Private Equity News in 2010 and 5th by CNN Money/Fortune in 2011[1][2][3].
Lincolnshire Management was founded in 1986 by Frank Wright, a 31-year veteran of Manufacturers Hanover Trust Company's special finance division focused on leveraged buyouts, and Steven Kumble[2]. After Wright's death in 1992, James Tozer became president and CEO, succeeded by T.J. Maloney in 1998; Kumble departed in 2005 to start Corinthian Capital[2]. The firm raised its first institutional fund of $120 million in 1994, followed by larger funds including $835 million for Fund IV in 2008 and ongoing success with Fund V under current co-managing partners Philip Kim and Tad Nedeau, evolving from early buyouts to a broad lower middle-market focus with over 55 investments and $1.7 billion raised historically[2][3].
While not exclusively tech-focused, Lincolnshire Management influences the tech-adjacent ecosystem by investing in lower middle-market companies that often incorporate technology for operational enhancements, such as manufacturing (e.g., Desch Plantpak's sustainable production) and services amid trends like supply chain resilience and digital efficiencies[1][4]. It rides mid-market M&A recovery waves, as noted in recent deal activity despite broader downturns, capitalizing on market forces like economic stabilization and demand for recapitalizations in fragmented industries[1]. The firm's emphasis on hands-on execution amid stewardship concerns in private equity amplifies its role in scaling businesses that integrate tech for growth, indirectly supporting startup exits via buyouts and contributing to ecosystem liquidity through over three decades of consistent value creation[1][2][3].
Lincolnshire Management is poised for continued success with Fund V's momentum under Kim and Nedeau, likely pursuing more control deals in resilient lower middle-market sectors amid improving M&A sentiment[1][3]. Trends like operational tech integration, sustainability (e.g., via portfolio like Desch Plantpak), and inorganic growth will shape its path, potentially expanding influence through larger funds and global networks as economic headwinds ease[1][3][4]. Its enduring partnership model positions it to evolve as a steady force in private equity, delivering value in an increasingly complex landscape much like its foundational leveraged buyout roots adapted over decades[2].
Key people at Lincolnshire Management.