Category Archives: Business Executive

Lincolnshire Management Sells Its Stake in Holley Performance Products

After five years of enjoying much success investing in Holley Performance Products, which also entailed a partnership, Lincolnshire Management, Inc. sold all of its stake in Holley Performance Products ending the successful business relationship. The end of the business relationship was officially disclosed to the public on October 29, 2018 by funds that are advised by Lincolnshire Management, Inc. Lincolnshire Management, Inc. sold all of its stake in Holley Performance Products to a subsidiary of Sentinel Capital Partners, who has made it known that Holley Performance Products will be merging with Driven Performance Brands in the offing.

The Lincolnshire Management, Inc.–Holley Performance Products partnership was a great success by all accounts. During the five-year partnership, a strategy of making aggressive acquisitions was implemented and great store was placed on making substantially greater investment in the area of new product development. As a result of this initiatives, Holley Performance Products experienced substantial organic growth.

What originally compelled Lincolnshire Management, Inc. to invest in and partner up with Holley Performance Products when the opportunity materialized were the facts that the company was exceptionally managed, the strength of the Holley Performance Products’ brand, and the brand’s long list of products portfolio which includes DiabloSport , MSD, NOS, ACCEL, Hooker, Earls, Hays, Quick Fuel Technologies, Superchips, Weiand, Edge, Racepak, and Mallory. Holley Performance Products was established in 1903 and has gone on to become America’s cornerstone brand within the American performance car culture. In addition, Holley Performance Products is now the performance automotive aftermarket’s largest designer of branded products, its biggest manufacturer, and its largest marketer.

Lincolnshire Management Inc. is classified as a private equity firm. The firm was founded in 1986. Lincolnshire Management Inc. is primarily headquartered in the city of New York, but it also has a team located in Chicago. Lincolnshire Management Inc. seeks to acquire growing companies with great potential for growth across that falls under the rubric of middle market companies. Lincolnshire Management Inc. also engage in other types of investments, such as acquisitions of private companies, management buyouts, corporate divestitures, growth equity for private and public companies, and recapitalizations. The amount of private equity capital under Lincolnshire Management Inc.’s management exceeds $1.7 billion.

Read the history of Lincolnshire Management Inc. https://www.revolvy.com/page/Lincolnshire-Management

Sergey Petrossov’s Vision for JetSmarter App

Based out of South Florida, Sergey Petrossov is a popular tech entrepreneur known for easing jet flight booking process by starting JetSmarter App. He is the CEO and Founder of JetSmarter. He has received several accolades including 30 Under 30 in Consumer Technology by Forbes and Top Working Professional by the Sun-Sentinel. He has been recognized for coming up with the private and shared jet services company and establishing it to become one of the largest companies in the airline sector. JetSmarter boasts more than 14,000 paid members paying up to $15,000annually for perks ranging from share seats in jets scheduled by others to scheduling flights. With prominent investors such as the Saudi Royal Family and Jay-Z, JetSmarter has grown rapidly to be valued at $1.5 billion.

Sergey Petrossov served at LiveContact, a company he founded, for several years before founding JetSmarter. He held various positions in the company including Vice President of Business Development. Apart from LiveContact, he also helped to found the Federal System of Distance Education. Sergey Petrossov served as a board advisor to a prestigious private jet operator in South Florida. The South Florida-based operator had the largest on-demand Gulfstream charter fleet in the world.

Prior to JetSmarter, the process of booking for a private jet flight was cumbersome. Sergey Petrossov experienced it first hand in 2009 when he traveled in a private jet for the first time. He realized that the booking system involved a manual booking process. He saw an opportunity for an app that could ease the booking process and the idea for JetSmarter was born. He put together an app development team composed of developers he had worked with previously. He leveraged his own capital to get the project development going. JetSmarter was developed through a series of releases and in 2013, it was launched officially for public use. Today, JetSmarter is a prominent company with an advisory team, tech team, and management team with more than 100 years of combined experience.

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The Successful Career Of Nitin Khanna  

 

Nitin Khanna is a budding entrepreneur and leader. He is one of the most established businessmen, and his career has proved to be a successful one, thanks to his commitment and hard work. As the chief executive officer of MergerTech, he has paid a close focus towards helping his clients acquire other companies and grow their total assets. The contributions of Nitin Khanna have seen him travel miles in his venture, and he is today among the most respected and sought out entrepreneurs of all time. He continues to pay attention to the needs of his clients, and his principal target is to enable each of them achieves success in their ventures.

Nitin Khanna believes that showing respect to his clients is one of the dominant traits that has  enabled him to achieve success in the industry. He has learnt to pay attention to everything that his clients have to say with the target of identifying the best way to handle their issues as well as address their demands. Nitin Khanna ability to offer his clients the exact type of products and services that the demand has seen many of them keep coming back for more. Besides, Nitin Khanna also seeks to benefit the brand that his venture offers and his strategies have played a jet role in meeting all his targets. The ability of the duo to apply his expertise in the company for the benefit of all his clients has highly boosted the growth of his company.

Additionally, Nitin Khanna has also adopted a unique way of immersing himself fully in his work and being a leader that shows exemplary behavior, he does not leave all the work to his employees, as he always takes up his roles and completes them on time. By doing so, Nitin Khanna has also acquired a better chance to identify the problem areas in the firm and thus come up with the best solutions to handle them. Nitin Khanna earned his passion for entrepreneurship form his family members who were fully involved in the field. The various business trips that he took with his relatives enabled him to gain an insight into the competitive field and over the years, he has continued to pursue his passion.

See more about Khanna here https://dblp.org/pers/k/Khanna:Nitin

Luxury Real Estate Is Just One Sector Of Interest For DAMAC Owner Jussain Sajwani

The launch of the AYKON One Tower in the heart of London and his appearance at the 2018 Davos event launched Hussain Sajwani onto the global stage. However, the DAMAC owner has been working his way to the top of the luxury real estate industry for decades and shows the benefits of a powerful belief system coupled with hard work. After building a series of successful businesses, Sajwani entered the luxury real estate sector in 2002 when property ownership rules in Dubai changed.

According to bezaat.com, Hussain Sajwani began his business career after completing his studies in the U.S. at the University of Washington by joining the Abu Dhabi Oil and Gas Corporation. The entrepreneurial spirit driving Sajwani led to him spotting a lack of catering services for oil and gas workers across the Middle East and decided to create a company to provide these services. Hussain Sajwani maintains his interest in the catering industry in the 21st-century through his founding of the Al Jazeira Service Company which was listed on the Muscat Securities Exchange.

After using his business skill to establish a successful chain of mid-range hotels following the fall of the Soviet Union and an influx of tourists from Eastern Europe. However, it was in 2002, when the DAMAC owner formed his luxury real estate company the profile of Sajwani began to expand greatly. DAMAC has already completed around 19,000 luxury units across Dubai and is now focused on building a global real estate empire. Among the latest developments headed by Hussain Sajwani is the regeneration of the Mina Al Sultan Qaboos harbor into a luxury real estate region in partnership with the Government of Oman.

The DAMAC owner ensures his companies play a key role in every aspect of the work completed in the real estate industry through the establishment and investment into various different companies. Among the investments made by Hussain Sajwani is the Al Amana Building Material company providing high-quality materials for construction sites across the Middle East.

See this: http://www.akhbarak.net/news/

Jim Toner Gives a Resounding Piece of Advice to the Real Estate Investors

Jim Toner is one of the most successful entrepreneurs and real estate investor in the whole of the United States and internationally. Having been in the real estate investment field for more than two decades, Jim has been able to understand most of the success factors that can lead to anyone’s breakthrough in the real estate industry. He has also been advising young people and real estate enthusiasts who are willing to get into the industry but have a fear of losing their hard-earned money as it happened during the 2008 economic crisis. Most of the people who had invested in real estate ended up losing their investments and even the assets. Most of them condemn the market forces that were prevalent at that time because they believe that the losses that they incurred were as a result of unfavorable market conditions.

However, Jim Toner (@thejimtoner) has a different view of this situation. From his experience in the real estate market and having survived the infamous crisis, he argues that the crisis was caused by bad investment decisions that many people had made at that time. The investors at that moment had been deceived by the hiked prices of real estate assets, and so most of them ended up making quick and uninformed decisions to enter into the investments. Jim Toner, however, says that the 2008 crisis should not scare any potential investor from investing their money in the real estate anymore. He adds by saying that in fact, this moment is the best for any investor to invest in the real estate when the prices of the assets are still low.

Jim Toner confesses that he has been a victim of bad circumstances which have swept almost all his investments at some points. The only thing that has kept him moving is his attitude to continue fighting. He never despairs when it comes to matters investments. Instead, he gets up from the ground any time that he falls, dusts himself off, and go back to the drawing table to figure out whatever made him fall. He makes every instance that he falls a lesson to learn so that he can make more rational and sound decisions in the future. Get more facts about financial independence from Jim Toner.

In his advice to the potential investors, Jim Toner states that the greatest asset to any investor is their attitude. The attitude that everyone has towards investment determines whether they would venture into the investment or not. It also determines the kind of risk one is willing to take to pursue a certain investment decision. However, Jim Toner urges the investors to have a positive attitude towards investment and always be willing to take some risk so that they can optimally gain from their investments. You can view Toner’s resume here.

Learn more: thriftbooks.com/a/jim-toner/478220/

The Deep Sea of Ryan Seacrest

American TV host, producer, radio personality, and fashion designer Ryan Seacrest was born in 1974. He began hosting television just one year after graduating high school. A brief host position with a former ESPN show illustrated Ryan Seacrest’s on air charisma. This opened the door for many opportunities to come his way. In 2002 he was offered and accepted the role as cohost of American Idol, which at the time was a new show on Fox. Within one year of the shows airing he became the sole host. It was this opportunity that made him globally recognized. That shows popularity and success would continue to increase, and so would his. On air with Ryan Seacrest (onairwithryan.iheart.com), a syndicated radio show, premiered in 2004. Serving as creator and executive producer of the show it was an immediate success. As a syndicated 4 hour program, on air with Ryan Seacrest touched all of United States being broadcasted on Kiis FM. Six years later he launched the Ryan Seacrest foundation. His mission for this was to serve as a non-profit organization that helps lift the spirits of today’s youth through planned and focused initiatives. Assisting pediatric hospitals all over the country, the foundation uses its resources to give patients multimedia experiences and uplift them during their time of treatment.

In the late spring of 2017 Ryan Seacrest joined Kelly Ripa as host of live with Kelly and Ryan. The already high rating show increased even more by him joining the cast.

Business of fashion recently did an article on Ryan’s rapidly growing men’s wear success. Inspired by his own fashion line while hosting American idol, he created Ryan Seacrest Distinction. The brand is four years old and distribute it exclusively to Macy’s. Being on track to reach $50 million in sales this year, The sky does not seem to be the limit. Having a formal relationship with Christopher Bailey (of Burberry) has helped Ryan in his own fashion endeavors. Distinction is a close-fitting suit style that has became Seacrest’s signature. His goal was to create something stylish and affordable. Once again he has overachieved. In addition to all of the above accomplishments he also released an anti-aging skin care product for men. Partnering with Dr. Lancer, Ryan Seacrest produced the Polished skin care line. Developed to clean your skin, improve your overall wellness and maintain your youthfulness, Ryan Seacrest has once again scored big.

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Source: https://www.hollywoodreporter.com/features/ryan-seacrest-rebooted-live-a-new-york-move-bumpy-road-back-idol-1013173

Sussex Healthcare Joint Chairman Shafik Sachedina

Dr. Shafik Sachedina received his certification to be a dental surgeon at Guy’s Hospital Medical and Dental School at the University of London in 1975 and later went on to practice in his field of study at several medical organizations in England, the country he’d moved to from his native land of Tanzania.

He is currently the Joint Chairman of Sussex Healthcare, a company that is focused on providing quality care and support to both elderly and younger clients who suffer from conditions such as dementia, Alzheimer’s and other neurological disorders. The business opened in 1985 and now has over 20 facilities in operation. It offers 24-hour service for those in need of constant care and monitoring, as well as a daycare facility and a new state-of-the-art gym to promote health and wellness through exercise, which can lead to better mobility for patients.

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In addition to being a top executive at Sussex Healthcare since 1998, Shafik Sachedina is the head of the Department of Jamati Institutions, and is a member of the Aga Khan Development Network Committee. He also sits on the Board of Governors at the Institute of Ismaili Studies and is responsible for helping the school create programs that promote education of the Muslim culture and faith in order to give people of different religions a better understanding of the followers of Islam. Dr. Shafik Sachedina additionally serves as the Chairman of the FOCUS Humanitarian Assistance International Coordinating Committee, and was once the President of the Ismaili Council for the United Kingdom.

Born in 1950 in Dar-es-Salaam, Tanzania, Shafik Sachedina moved to England at a young age and became a British citizen. He then became interested in the field of dentistry and pursued a career in the healthcare industry, eventually being called on to join the Sussex Healthcare group, which is based in Sussex County on the southern coast of the country. He continues to contribute to many organizations in the medical and educational sectors that help others receive the kind of care and instruction they need in order to live healthier lives and learn more about other cultures.

Barbara Stokes: Construction for Disaster Relief

UPDATE*** 5.16.18 Read more about Barbara Stokes on Ideamensch

 

 

It is not always common to find women in the construction field due to the society’s way of thinking that such kind of work is mostly for men. Barbara Stokes is one of the few women who are in the construction industry. She is a proficient and a professional leader in Disaster Relief construction contracting. Stokes is the Chief Executive Officer of Green Structure Homes of Alabama LLC.

Green Structure Homes offers services such as building construction, designing, it delivers and offers on-site construction of portable and modular commercial and housing structures in North America. Green Structure Homes also provides in-house project management skills and engineering, and for over 30 years it has been involved in development, inspection of commercial and residential structures, installation, foundation and general planning. Read this article at businessinsider.com.

Barbara Stokes graduated from Mercer University with a BSE in Biomedical/Medical Engineering. Stokes recently announced the creation of jobs in eight states located in communities in Florida, North Carolina, Texas Minnesota, Louisiana, Alabama, Virginia, and Pennsylvania.GSH of Alabama LLC offers solutions to both the Government and the private sector customers. It uses the proprietary state of the art design, manufacturing and engineering techniques to do its construction work, therefore providing excellent services to all customers.

Read: http://www.cullmantimes.com/archives/green-structure-homes-alabama-to-be-cullman-s-newest-industry/article_5fc0baef-94dc-5d12-b35f-64a6caa41081.html

Barbara is also skilled in project management, construction, manufacturing, government contracting and project engineering. With these skills, Barbara Stokes works with her team using state of the art technology to provide for fast modular transport erection, mildew resistant and hurricane-rated structural integrity up to 130 mph. The structures are made of wood and light steel which makes such homes to be energy efficient and also environmental friendly. Barbara Stokes and Scott Stokes founded GSH in 2008 and together with senior management they have 30 years of experience in disaster relief whereby GSH quickly provides safe and innovative homes in times of disasters such as the hurricanes. Read more about Barbara Stokes at WDRB.com.

Barbara Stokes also was the founder and president of the Biomedical Engineering club in 1999 to the year 2000.She has also received awards such as the Engineering education-Transfer scholarships. Despite having lots of experiences, Barbara has published Pendulum Research Summer 1999.Earthquakes in Middle Georgia

Mike Baur, a Finance Expert Uplifting High Tech Entrepreneurs through Startup Companies Investments

Renowned businessman and entrepreneur Mike Baur was raised in Switzerland, Freiburg. He holds a business degree from both the University of Rochester and Bern University. His banking career kick-started at 16 years of age, and he has acquired valuable skills, building a great impression of himself. He has been a major inspiration in the business world.

 

In 1991, Mike joined the Union Bank of Switzerland as an apprentice. He got the opportunity to meet the hiring manager who showed him the paths to maneuver through in the UBS career. It took the double effort of acquired advice and his untiring determination to get him to where he is today.

 

Mike Baur co-established the Swiss Startup Factory with his two associates, Max Meister and Oliver Walzer.He also serves as a managing partner in the company. Prior to his service at Swiss Startup Factory, Mike had an outstanding 20 years in the industry thereby rendering him as a valuable asset to the initiative. Among the major banks he worked for include the Clariden Leu and UBS which he later quit to establish his company. After Baur quit the banking industry, he focused on funding Startup companies and growing them to greater heights.

 

Mike Baur has earned himself vast titles throughout his career journey. He got the coveted privilege of being part of the START Summiteer jury members, a University of St Gallen’s start-up pitching contest. In January 2016, Mike was made the deputy managing director after Swiss Startup joined CTI to form CTI Invest. In early 2016, Mike chaperoned Swiss Startup Factory through the accelerator program which was associated with the Goldback Group. It is in this year that the company also made partnerships with Fintech Fusion.

 

In 2008, Mike Baur switched lanes from working at UBS despite his hard-earned success. After quitting UBS, he was employed at Clariden Leu where he worked for about six years securing high-rank positions. By 2014, he had already made up his mind to focus on growing high tech entrepreneurs. This was due to his exposure to the post-recession banking work conditions which had seemed less appealing.

 

Mike says that the Swiss Startup Factory (SSUF) is unique compared to most incubators by the fact that it is independent and is not chained to any political or business organization, giving it the free will to operate on its terms. The initiative is also at a greater advantage thanks to its leaders’ financial commitments which has put the company into a better position of getting desirable results. With this in mind, every person in the organization has an assurance of their individual success. Baur also remarks that growing businesses require the willingness to push hard for any progress to be realized.

 

Swiss Startup Factory also encourages tech startups to get involved with pitching contests. Mike once participated as a juror in the 2014 contest with the competitions being held at a Swiss University. During this event, 30 founders of new enterprises get the opportunity to address the public about their plans, business models, and products. The foundation offers support to firms that are incapable of raising a starting capital of over $1 million. The companies that show genuine determination consequently bag home substantial investments.

 

Anthony Petrello’s Success in Executive Leadership and Philanthropy

Anthony Petrello is serving as the President and CEO of Nabors Industries. The group is one of the world’s largest oil field drilling and rig construction contractors. It is located in the Bermuda Islands with headquarters in Houston, Texas. He is also the Chairman of the board of directors. He joined the company in 1991 as the CEO and rose through the ranks to the top position in 2012. He is in charge of strategic planning and operational guidance at Nabors Industries.The firm operates the world’s biggest land-based drilling rigs and controls numerous offshore platforms throughout the world. Oil companies contract the company to design, build and maintain oil rigs. Anthony Petrello’s dynamic leadership has been instrumental in the company’s rapid growth. He is adept at differentiating the company’s strategies to succeed in a highly competitive industry. He also plays a key role in negotiating strategic partnerships such as a collaboration with Saudi Aramco to expand the number of oil rigs under their control.

Anthony Petrello was the highest paid CEO in America in 2013 according to Associated Press and Equilar. He grossed over $68 million in annual compensation in 2013. He is an active philanthropist and supports the Texas Children’s Hospital. In 2014, the company implemented a raft of changes in their executive remuneration packages. The changes affected Tony’s earnings significantly. He dropped from the list of top paid bosses that year.He is passionate about accelerating research on neurological disorders in children. He contributed over $7 million in 2006 to Texas Children’s Hospital. His daughter who suffers from a neurological disorder inspires his passion in giving.

The Institute is dedicated to developing therapy options for childhood neurological disorders such as autism, cerebral palsy, brain injury, Alzheimer’s and epilepsy among others. Besides financial support, he also contributes his time to the hospital serving as a member of the board of trustees.Anthony Petrello attended Harvard Law School for his law degree and Yale University for a master’s in mathematics. He has extensive experience in corporate law, taxation, and international arbitration. He is also a Director of Stewart & Stevenson and Hilcorp Energy. You can also visit his Social Media website : https://twitter.com/tony_petrello

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