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Lipinski Property Services Announces New Chief Financial Officer

Industry Veteran, Thomas Donnelly, Joins as CFO to Support Continued Growth

MARLTON, N.J., Oct. 22, 2012 /PRNewswire-iReach/ -- Today, Lipinski Property Services, a leader in exterior facilities management, announced Thomas Donnelly has joined the organization as Chief Financial Officer.

(Photo: http://photos.prnewswire.com/prnh/20121022/CG97200)

Tom Donnelly's extensive financial and operational experience includes roles of increasing responsibility in firms such as System and Computer Technology Inc., Infor Global Solutions, and Comcast Corporation.  Most recently, Mr. Donnelly was Vice President of Finance & Administration at USM, An EMCOR Company, a national facilities services enterprise headquartered in the Delaware Valley. At USM, Tom created and implemented initiatives to increase service execution and cost efficiencies.  He also organized the due diligence and financial integration for several mergers and acquisitions.

"Tom's experience in metrics-driven performance, process discipline, M&A activities and business integration will support the continued growth of the company.  Tom is an excellent choice to be our CFO and we are delighted to have him join our executive leadership team," said Vince Willis, chairman of Lipinski.

"I'm thrilled to help lead the Lipinski team through this exciting time," said Donnelly.  "With so many customers looking for innovative ways to operate more efficiently, Lipinski's total care approach to exterior services is a differentiating competitive advantage. We're optimizing exterior facilities management for our clients, allowing them to focus on their core competencies and ultimately helping them serve their customers better."

In addition to holding a bachelor's degree in accounting from The Pennsylvania State University and an MBA from Philadelphia University, Mr. Donnelly is a Certified Public Accountant with more than 16 years of leadership experience and a proven record of creating operational excellence.

Today's announcement is the latest strategic initiative announced by Lipinski as the firm continues to build the leading provider of facilities services supported by a substantial equity investment from L2 Capital made in August of 2011.  Tom's appointment underscores Lipinski's commitment to setting the standard of excellence for the industry.

About Lipinski Property Services

Headquartered in Marlton, NJ, Lipinski Property Services is the third largest snow removal company in the United States and is the preferred exterior facilities management provider for some of the top retailers, property owners and managers and associations in the nation. For more information, www.lipinskiservices.com.

About L2 Capital Partners

L2 Capital Partners is a private equity family office focused on lower middle market privately-owned manufacturing, service, and distribution companies.  For more information, visit www.L2capital.net

Media Contact:

Robert Amand Catalyst Communications, LLC., 610-321-0246, rob@cata-lyst.com

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SOURCE Lipinski Property Services

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