News: 2008
11/1/2008 - Yancy Minerals Partners with Investment and Consulting Firm The Lucas Group
Yancy Minerals, award winning certified minority supplier and certified minority broker of coal and other products, recently developed a partnership with The Lucas Group (TLG), a Boston-based strategic consulting and investment firm. Keeping with its philosophy to grow and develop in ways that offer customers the same competitive advantage through added value services, Yancy Minerals recognized the time and cost savings to clients, in addition to the immeasurable value of informed decision making and financing, made possible through the extensive resources offered by The Lucas Group.
The Lucas Group consists of former partners from some of the nation’s leading consulting firms. TLG has more than 20 years experience working with private equity investors, corporate executives and their teams, and public sector agencies to help them gain a profound understanding of business issues, execute fact-based decisions with precision, and drive superior business results. Having worked with a number of industries, including consumer products and retail, manufacturing and distribution, business services, information services and communications, pharmaceuticals and healthcare, TLG is able to effectively leverage a wide array of industry and technical expertise. Additionally, the company has assembled an extensive portfolio of subject matter experts that are united with teams on special assignments. The Lucas Group currently holds a 15% minority interest in Yancy Minerals.
About The Lucas Group
The Lucas Group is a Boston-based strategic consulting and investment firm consisting of former partners from leading consulting organizations. TLG has more than 20 years experience working with private equity investors, corporate executives and their teams, and public sector agencies to help them gain a profound understanding of business issues, execute fact-based decisions with precision, and drive superior business results.
Earl Yancy deals in coal, but his specialty is caring By Kristin Helmore, Staff writer of The Christian Science Monitor New Haven, Conn.—
The vegetable soup at Yancy Minerals is terrific. So are the chicken-and-almond salad and the strawberry cake. The accoutrements of lunch are elegant, too: A pink linen tablecloth, pale-mauve linen napkins, and a slender vase of irises adorn the table. But Yancy Minerals is not a restaurant -- it's an industrial wholesaler of raw materials, whose chief commodity is coal. It is also among the five most profitable black-owned enterprises in the United States....... Full Christian Science Monitor article
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