Category Archives: Entrepreneurs

OSI Group President David McDonald Said Patient Approach Paid Off In China

OSI Group began operating in China in 1992. Now, after more than 25 years, the American meat processing giant believes its future in one of the world’s largest markets is more exciting than ever.

In a recent interview, OSI President and COO David McDonald said years of hard work and patience in forging deep relationships with the Chinese people and government puts OSI in a competitive position like no other company.

McDonald has been with OSI for more than 30 years. He was instrumental in spearheading his firm’s foray into China. He has invested a huge amount of time working personally on the ground with Chinese officials on all levels. One of his main takeaways after more than two decades is: Patience pays off.

In a recent interview, David McDonald said it was important that OSI did not go into China with an attitude that it would simply dictate how things would be done. Rather, he said his team took an approach of listening to local people first and offering solutions second.

“I think OSI understands the importance of becoming local,” McDonald said. “Becoming local is an important catalyst behind the success we have had in China. Yes, we have had to be flexible. It’s important to stay true to your principles. For example, food safety, customer quality – we don’t compromise on that. But you still have to learn the local needs of the customer and being patient to understand the local business model. Then you need the flexibility to adopt the best solutions.”

A milestone of the OSI Group experience in China came in 2008. That year China hosted the Olympics. OSI supplied 113 tons of processed food products to the masses of people attending the games. That included beef, chicken, pork, eggs and dehydrated onions. It received zero complaints and won the praises of both the Beijing Olympic Committee and international officials on site.

OSI Group’s first major customer in China was its long-time partner, McDonald’s. The company has also supplies meat products to Starbucks, Papa John’s, Burger King, Subway, Yum and Saizeriya. Q&A with Dave McDonald, President & COO, OSI Group

CEO TJ Maloney Of Lincolnshire Management Makes Four New Hires

Lincolnshire Management Inc. is a New York City-based mid-sized private equity firm. This company was established in 1986 by TJ Maloney. He is the chief executive officer of a company that has acquired over 85 other companies in multiple industries. They currently manage $1.7 billion in assets under management.

TJ Maloney recently added four new people to his team at Lincolnshire Management. One of these people, Matthew Nacier, used to work for his company and rejoined as a senior associate. The other senior associate to join was Nicolas Vega Llona. He also hired two analysts who are Georg Stolt-Nielsen and Yashna Ginodina.

TJ Maloney said he was excited to welcome these people to his team. All four take a hands-on investing approach which matches how his company operates. He was looking forward to their finding new companies for Lincolnshire Management to invest in and drive the growth of its portfolio.

Matthew Nacier had spent the past few years working as a consultant and at Iconic Holdings where he was the US Investment Director. Nicolas Vega Llona is going to work on the execution and diligence team. He recently graduated from Columbia University’s Graduate School of Business where he earned his MBA.

Yashna Ginodia and Georg Stolt-Neilsen will join Nicolas Vega Llona on the same team. Yashna is a recent graduate of New York University’s Leonard N. Stern School of Business. Georg just graduated from Georgetown University where he majored in economics.

TJ Maloney graduated in 1975 from Boston College where he earned his undergraduate degree. He also has a JD that he earned at Fordham Law School in 1979. After working in the financial industry for seven years he decided to launch Lincolnshire Management. In 2007, Fordham Law School gave him their prestigious Richard J. Bennett Memorial Award. This award is given to business leaders who have shown the highest moral standards.

In addition to his position at Lincolnshire Management, TJ Maloney was once on The Tilton School’s board of trustees. Additionally, he served the English Speaking Union by serving on their executive committee and their board of directors.

For more information click here https://www.privateequitywire.co.uk/2018/04/04/262901/lincolnshire-management-sells-port-terminal-operator-amports

The Success of Lincolnshire Management and its Recent Sale of Holley Performance

On 29th October 2018, Lincolnshire Management, Inc. in undisclosed agreement terms, the sale of Holley Performance Products to Sentinel Capital Partners affiliate whom together with Holley have merged Driven Performance Brands.

Holley was founded in 1903, and it is the largest manufacturer, designer, and marketer of various branded products that are depended upon by the ever-growing performance automotive industry. The company boasts of over 100 years of product knowledge, expertise, and service. Thus, it stands out as the synonymous cornerstone brand in the American auto culture. Furthermore, Holley has established a stable of industry leading and adulatory brands such as Hooker, Superchips, ACCEL, MSD, Hays, Earls, NOS, Racepak, Mallory, Quick Fuel Technologies, among others.

T J . Maloney, CEO of Lincolnshire Management, Inc. stated that Holley’s impressive management team, brand strength and leading product portfolio were the compelling factors for an investment opportunity. He added that since their partnership with the firm in 2013, they have worked together to come up with a dynamic acquisition plan and promote remarkable organic growth through heightened investment in developing new products. Ben Bartlett, Lincolnshire’s principal added that Holley is iconic, having the ability to propel innovation using studious product development and well-cultivated connections with consumers across the industry.

About Lincolnshire Management, Inc.

Founded in 1986, Lincolnshire Management, Inc. acts as a private equity firm dedicated to acquiring and investing in middle-sized companies across a wide range of industries. Its headquarters are based in New York City and focus on acquiring private firms, corporate divestitures, recapitalizations, equity growth for both private and public companies, and management buyouts. The company manages more than $1.7 billion in private equity funds.

Lincolnshire Management has heavily invested in various industries with the last 26 years seeing it make more than seventy acquisitions. Additionally, it is highly flexible in organizing investments. It has professionals with hands-on expertise in managerial and operational skills. Its wide portfolio comprises companies like Desch Plantpak, Allison Marine, Nursery Supplies Inc., Dalbo Holdings, Latite, and True Temper Sports.

The company has its focus investing in .profitable firms, mostly niche manufacturing, service, and distribution businesses with huge customer base and growth opportunities. The leadership of Lincolnshire Management enacted a formal written Environmental Social and Governance (ESG) Policy which highlights its dedication to responsible investment models.

Lincolnshire Management is on Twitter https://twitter.com/lewismaloney16?lang=en.

Nitin Khanna Is An Entrepreneur Who Enjoys Working With Like-Minded People

Nitin Khanna is a creative entrepreneur who serves as the chief executive officer of Merger Tech. He made the decision to build a business with his brother who moved to the United States in 1999. The company they created together was called Saber software, and its election software was used by many states after the election in 2000 between Al Gore and George Bush. The company eventually provided software for the DMV and has also worked with the government to offer software for the child care sector.

Nitin Khanna has worked with many different companies during his life and has helped many of these companies with their strategic goals. He likes to build stable working teams in the companies he serves because he feels that the main deciding factor for the success of a company is the people who work for it. Nitin Khanna has admitted that he likes tom work with companies that mainly focus on execution. He doesn’t like to work with idea-based companies but has been able to out-compete many companies in the various sectors he has entered into.

When Nitin Khanna hires people to work with the companies he is in charge of, he prefers hiring individuals who are excited about what the company is doing. He is known for his ability to create business cultures that help companies to run smoothly and values working with people who have similar ideals. He loves it when he has a team full of talented people who are onboard with the mission of one of his companies. If Nitin Khanna could suggest one thing to help people stay more productive, it would be to create more time for themselves.

Nitin Khanna was born in India, where he was inspired by his family, who were entrepreneurs. He came to the United States when he was just 17 and got to work on his college degree. He eventually finished up his bachelor’s and master’s degree in industrial engineering while studying at Purdue University in Portland. Before completing his doctorate, he decided to go into business for himself. He continues to find success in every industry he enters into.

Read more about Khanna in an interview he gave recently https://interview.net/nitin-khanna-interview/

“Marc Beer Renovation in Renovia Company “

Marc Beer is a prominent entrepreneur in the field of medicine and healthcare; he is devoted to establishing new effective treatment methods for many diseases. Recently Marc Beer raised about $42 million to fund the Series B project that entails building Boston-based healthcare center and paying in venture debt. The Boston-based medical center will involve a group of experts devoted and passionate to establish new diagnostic and treatments for various diseases precisely pelvic disorders. According to research, more than 250 million women suffer from pelvic disorders including Urinary incontinence across the globe. Most of the time they are afraid to seek medical support, or at times they cannot afford the charges.

 

Marc Beer identified the need to provide medical care to pelvic disorder patients. During his reign at Renovia Company as the CEO, Marc Beer led the establishment of Leva product which serves several purposes including strengthening and rehabilitating pelvic floor muscles. Leva product is fitted with a kit which supports the pelvic muscles to conduct their functions thus reducing stress; it is preferred compared to surgery since it has no side effects and the instructions for use are indicated to ensure it works efficiently. Leva product has also been approved by the FDA to be fit for consumption.

 

Marc Beer established Boston-based medical center to facilitate research to develop other four different treatment methods for pelvic disorders. In partnership with Longwood company, Marc Beer shares proprietary sensor technologies and expertise to ensure that at the end of the Series B there will be the establishment of a digital platform through which patients are enlightened on various treatment methods. Marc Beer also aims at providing lower long-term costs for treatments, therefore, giving hope to millions of women.

 

Before founding Renovia company, Marc Beer worked in various companies serving top positions; he was the founder of Aegerion company in 2015. He has also worked in OvaScience serving as a strategic consultant for a few years, and before living the company, Marc Beer has transformed the management and established new treatment methods. He believes in teamwork hence works closely with all his employees to ensure they are inspired and also leads by example. Some of the top positions people that Marc Beer works with at Renovia Company include; William Dull who is the Chief Commercial officer, Samantha Pulliam the Chief medical officer, Jessica McKinney the vice president medical affairs and Clinical advocacy, Robin Sutherland, the vice president for Human Resource and clinical operations sector among others.

 

Marc Beer is always in the front line to bring inevitable change at Renovia to ensure every patient is treated with the best standard services and all shareholders get the necessary returns. He is open to change and innovation ideas. Learn more: https://www.benzinga.com/pressreleases/18/08/r12237847/osf-ventures-invests-in-company-developing-solutions-for-pelvic-floor-

 

Marc Beer, Through Renovia, Is Coming Up With More Ways to Treat Women’s Pelvic Disorders

Records show that more than 250 million women in different parts of the globe suffer from pelvic related disorders at certain points of their lives. These disorders include urinary incontinence. These disorders result in pain pressure and incomplete emptying of the bladder that is the main cause of urinary incontinence and frequent urination. Women who suffer from such disorders also have a hard time partaking in sexual activities due to the pain that comes with the illnesses. There have been many companies in the biotechnology industry that are working towards coming up with treatments and therapies to treat these illnesses. One of these companies is Renovia which has in the past been able to get an FDA approval for one of its product aimed at helping the therapy process of treating women pelvic disorders. This product is an application that comes with a Bluetooth device. This application is used in monitoring and encouraging strength training by isolating the weak levator plate muscles and guiding ideal movement patterns in the training. Strength training is a therapeutic approach to the treatment of pelvic disorders. The product is called Leva and it got an FDA approval in April 2018.

 

Funding more research and development in the treatment of women’s pelvic related disorders

 

Following the FDA approval of Leva, Renovia has begun an active program to dig deeper into the issue and come up with more solutions to the disorders. The company Chief Executive Officer embarked on a project to acquire funding for their next project which resulted in him rising up to 42.3 million dollars. This money was raised through a round of fundraising that included 10 million dollars in venture debt and the remaining 32.3 million dollars was obtained through series B equity. The company plans to spend the money on the development of diagnostic and training devices as well as conducting trials and propelling FDA approvals and also commercialization. Marc Beer was a huge part of the fundraising process. Learn more: https://www.crunchbase.com/person/marc-beer

 

About Marc Beer

 

Marc Beer is a graduate of the University of Miami where he got his BS degree in the year 1987. Since then he has been involved in the biotechnology sector for more than two and a half decades. He has found a number of companies in this sector and served in leadership roles in several firms in this industry as well including Aegerion Pharmaceuticals where he was the CEO for five years. He founded Renovia in the year 2016 and has been the chairman and CEO of the company since then.