Acquisition · Adviser / wealth-management
Powerhouse Retail Services
Transaction overview
Status: Reported completed
Exact closing date not established.
In an April 22, 2021 release, Lincolnshire Management reported acquiring Powerhouse and Security Vault Works in 2019 to create a national services platform. Powerhouse is one of the two named businesses in that platform-building transaction; the exact announcement and closing dates were not stated.
Selected source-supported transactions; coverage is incomplete. Announcements do not establish completion or that a deal is still pending. Sponsor activity and operating-business transactions are distinct from adviser acquisitions. Unclassified activity is excluded from adviser-only counts.
Source evidence
- Lincolnshire Management Portfolio Company Powerhouse Retail Services Acquires Dent Enterprises ↗
Lincolnshire Management · Published Apr 22, 2021
The primary release explicitly says Lincolnshire Management, Inc. acquired Powerhouse and Security Vault Works in 2019. April 22, 2021 is the report date, not the acquisition date.