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Jack Glover, Partner

Jack Glover

Partner
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Jack Glover

Partner
jack.glover@inclineequity.com
412.315.7781

John (Jack) Glover is a founding partner of Incline Equity Partners.  He is responsible for all aspects of investment management including sourcing and executing new investments, and managing existing portfolio company performance. Jack is also responsible for firm management including strategic direction and talent.

Prior to co-founding Incline, Jack was a Partner at PNC Equity Partners having joined there in 1996.  Previously, Jack was a Senior Associate in the investment banking division of Wheat First Securities.  Jack began his career at Westinghouse Credit Corp.

Jack received a B.S. with honors from Duquesne University and an M.B.A. from the Booth School of Business at the University of Chicago.

He currently serves as a director of Double E Company, Oracle Elevator, Revolution Dancewear, Hartland Controls, AFC Holdings, Rotating Machinery Services, Ned Stevens and Midwest Industrial Rubber, Inc.

Jack’s interest in investing was piqued at the age of 13 when he asked his father for stock in Sharon Steel for his birthday. Since then, Jack finds that he prefers building successful companies over passive stock market investing.  In his spare time, Jack is a crossfit enthusiast and a fan of hockey and fast cars. He also loves spending time with his family.

Jack Glover
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Leon Rubinov

Partner
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Leon Rubinov

Partner
leon.rubinov@inclineequity.com
412.315.7787

Leon Rubinov, Partner, joined the team in May 2011.  He is responsible for sourcing, evaluating and monitoring investments made by the firm.

Previously, Leon was a Vice President with Sterling Partners where he focused on executing equity investments in middle market companies.  Prior to that, Leon was a consultant with Boston Consulting Group and an Associate with Goldman Sachs.

Leon received his J.D. and M.B.A., cum laude, from the J.L. Kellogg Graduate School of Management and Northwestern University School of Law and received his B.S. from Georgetown University.

Leon serves as a director of Double E Company, Oracle Elevator, Revolution Dancewear, Hartland Controls, AFC Holdings and Ned Stevens.

Leon enjoys spending time with his wife and two young daughters and travels frequently to Italy.

Leon Rubinov
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John Morley

Vice President
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John Morley

Vice President
john.morley@inclineequity.com
412.315.7786

John Morley, Vice President, joined Incline in August 2013.  He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Previously, John was a Vice President with H.I.G. Growth Partners where he focused on executing equity investments in middle market companies. Prior to that, he was an Associate with private equity firm Sorenson Capital and began his career as an Associate Consultant with the management consulting firm Bain & Company.

John received a B.S., summa cum laude, from Brigham Young University and an M.B.A. with honors from The Wharton School of the University of Pennsylvania.

JJohn serves as Director of AFC Holdings, Rotating Machinery Services and Midwest Industrial Rubber, Inc., and also has portfolio coverage responsibilities for Double E Company and Oracle Elevator.

John enjoys sports, exercising in moderation and spending time with his wife and their four children.

John Morley
MATT_CAUSAL

Matt Celin

Associate
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Matt Celin

Associate
matt.celin@inclineequity.com
412.315.7793

Matt Celin, Associate, joined Incline in January 2015. He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Prior to joining Incline, Matt was an Analyst in the investment banking division of Craig-Hallum Capital Group where he focused on M&A advisory and equity capital raising.

Matt graduated magna cum laude from the College of the Holy Cross with a Bachelor of Arts in Economics.

Matt has portfolio coverage responsibilities for Bacharach, Double E Company and AFC Holdings.

While Matt enjoys spending time with his family and friends, he can often be found defeating his opponents in hockey or squash, or enjoying some running or biking.

Matt Celin
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Michele Toomey

Office Manager
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Michele Toomey

Office Manager
michele.toomey@inclineequity.com
412.315.7784

Michele Toomey, Office Manager, joined the team in 2000.  She is responsible for the day-to-day office operations and also provides administrative support to the Partners.

Prior to joining Incline, Michele was an executive assistant at PNC Equity Partners and before that she was the office manager for MedAscend, Inc.

She is a graduate of the Bradford School of Business.

Michele enjoys spending time with her church community, bowling, camping, boating and traveling.  She is also an expert all-terrain vehicle operator.

Michele Toomey
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Wali Bacdayan

Partner
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Deanna Barry

CFO
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Deanna Barry

CFO
deanna.barry@inclineequity.com
412.315.7788

Deanna (“Dee”) B. Barry, Chief Financial Officer, joined Incline in April 2012.  She is responsible for the firm’s accounting, tax, valuation and financial reporting functions.

Previously, Dee was Chief Financial Officer of PNC Equity Management Corp.  Prior to PNC, Dee was an Assistant Vice President within PNC Bank’s SEC reporting group and an audit supervisor at KPMG.

Dee is a Certified Public Accountant and received a B.S. degree in Business Administration with highest honors from Duquesne University.

Dee loves spending time with her family and traveling to beach locations.  She also enjoys watching the news and an occasional mindless reality show.

Deanna Barry
Joe Team Grid

Joe Choorapuzha

Vice President
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Joe Choorapuzha

Vice President
joe.choorapuzha@inclineequity.com
412.315.7789

Joe Choorapuzha, Vice President, joined Incline in October 2015.  He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Prior to joining Incline, Joe was a Vice President at Tenex Capital Management.  Prior to Tenex, Joe was a Vice President at Centre Lane Partners.  During his time at Tenex and CLP, Joe led investments in multiple businesses in the manufacturing, franchising, and distribution industries.

Joe received his M.B.A. from the Wharton School at the University of Pennsylvania, where he majored in Finance and Management, and his B.A. from Columbia University where he majored in Economics with a concentration in Political Science.

Joe serves as Director of Revolution Dancewear , Hartland Controls, BCI Burke, Ned Stevens and Premium Franchise Brands.

Joe Choorapuzha
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Justin Cook

Associate
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Justin Cook

Associate
justin.cook@inclineequity.com
412.315.7794

Justin Cook, Associate, joined Incline in July 2016. He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Prior to joining Incline, Justin was an Analyst in the investment banking division of BMO Capital Markets where he focused on M&A advisory, leveraged finance transactions and equity capital raising. Prior to BMO Capital Markets, Justin held roles as a Valuation Analyst and as a Business Risk Consultant with Deloitte.

Justin graduated summa cum laude with honors from the Schreyer Honors College at The Pennsylvania State University with a B.S. in Finance and a concentration in Accounting.

Justin has portfolio coverage responsibilities for Oracle Elevator, Revolution Dancewear, Premium Franchise Brands, Rotating Machinery Services and BCI Burke.

Justin enjoys exercising, traveling, all things Penn State and supporting his favorite NFL team, the Green Bay Packers.

 

Justin Cook
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Jason O’Toole

Controller
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Jason O’Toole

Controller
jason.otoole@inclineequity.com
412-315-7796

Jason O'Toole, Controller, joined Incline in December 2016. He is responsible for the firm’s accounting, tax, valuation and financial reporting functions.

Previously, Jason worked as an Assistant Controller and Vice President at PNC Capital Finance. Prior to PNC, Jason was a Senior Associate at PricewaterhouseCoopers in their assurance practice.

Jason is a Certified Public Accountant and received a B.S. degree in Business Administration from the University of Pittsburgh.

Jason enjoys spending time with his friends and family, traveling, and is a fan of hockey. In his spare time, he volunteers rebuilding houses for Volunteers in Mission.

Jason O’Toole
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Justin Bertram

Partner
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Justin Bertram

Partner
justin.bertram@inclineequity.com
412.315.7783

Justin Bertram is a founding partner of Incline Equity Partners.  He is responsible for all aspects of investment management including sourcing and executing new investments, and managing existing portfolio company performance.  Justin is also responsible for firm management including strategic direction and firm administration.

Prior to co-founding Incline, Justin was a Managing Director at PNC Equity Partners having joined there in 1998.  Previously, Justin was a financial analyst at Bear Stearns & Co.

Justin holds a B.S. in mechanical engineering from Columbia University, a B.S. in mathematics from Allegheny College, and an M.B.A. from the Tepper School of Management at Carnegie Mellon University.

He currently serves as a director of Bacharach, Oracle Elevator, BCI Burke Company, LLC, Rotating Machinery Services, Premium Franchise Brands and Midwest Industrial Rubber, Inc.

Justin is an elite fitness and endurance sport athlete.  He also enjoys coaching his daughter’s softball team and his son’s baseball team.  Justin also is involved in fundraising to help those impacted by multiple sclerosis.

Justin Bertram
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April Simile

Director, Business Development
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April Simile

Director, Business Development
april.simile@inclineequity.com
412.315.7797

April Simile, Director of Business Development, joined Incline in February 2013.  She is responsible for managing Incline’s investment sourcing activities, including outreach to deal professionals such as business brokers, investment banks, attorneys, accountants and consultants.  In addition to strategic business development efforts, she directs media relations, branding, advertising and website development.

Previously, April worked as a Senior Vice President for Allegheny Valley Bank, a regional commercial bank, where she held executive positions in several areas including commercial lending and marketing.

April received her B.S. in Finance, cum laude, from La Roche College.

April stimulates the economy one shoe store at a time.  She also enjoys traveling with friends and family.

April Simile
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Jacob Fainzilberg

Senior Associate
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Jacob (Jake) Fainzilberg

Senior Associate
jacob.fainzilberg@inclineequity.com
412.315.7792

Jake Fainzilberg , Senior Associate, joined Incline in March 2016. He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Prior to joining Incline, Jake was an Associate at Global Infrastructure Partners where he evaluated investments in energy, power and transportation infrastructure. Before that, he was an Analyst in the Diversified Industries Investment Banking Group at J.P. Morgan.

Jake received a B.A. in economics and mathematics from Dartmouth College and an M.B.A. from the Wharton School at the University of Pennsylvania.

Jake has portfolio coverage responsibilities for Revolution Dancewear, Ned Stevens, and Premium Franchise Brands.

Jake enjoys working out, traveling and spending time with family and friends. While he’s embraced Pittsburgh, you won’t find him sporting black and yellow just yet – Jake is a longtime supporter of the NY Giants!

 

Jacob (Jake) Fainzilberg
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Joe Haddad

Associate
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Joe Haddad

Associate
joseph.haddad@inclineequity.com
412-315-7790

Joe Haddad, Associate, joined Incline in September 2016.  He is responsible for evaluating, analyzing and monitoring investments made by the firm.

Prior to joining Incline, Joe was a Management Consultant at Deloitte where he focused on M&A advisory services for strategic and private equity clients.

Joe graduated from Williams College with a Bachelor of Arts degree in Political Economy.

Joe has portfolio coverage responsibilities for Hartland Controls, Ned Stevens and Midwest Industrial Rubber, Inc.

Joe enjoys spending time with his wife and two dogs as well as supporting his hometown New England sports teams.

Matt Celin
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Tess Hempel

Administrative Assistant

Tess Hempel

Administrative Assistant
tess.hempel@inclineequity.com
412-315-7800

Tess Hempel, Administrative Assistant, joined Incline Equity Partners in 2016.  She is responsible for providing administrative support to Incline’s investment professionals.

Previously, Tess  worked in a similar role at Cooper’s R.V. Center.

Yeehaw - Tess is the office farm girl!  She can’t escape the hustle of the Pittsburgh city fast enough to work on her farm or on renovating her Victorian home.  On the weekends she is busy competing in the National Barrel Horse Association show circuit.

Tess Hempel

Privacy Policyview

Last updated: 03/03/14

PRIVACY POLICY

Thank you for visiting the Incline Equity Partners (“Incline”) website. Please carefully read the following Privacy Policy (“Policy”), which applies to those individuals who browse and use our Site (“visitors”). This Policy describes how Incline (‘we” or “us”) gathers and uses information from visitors (“you” and “your”) to our website (“Site”). In order to ensure your privacy, the information we collect from visitors to this Site is used only in the manner and for the purposes described in this Policy.

The purpose of this Policy is to explain the type of information that Incline collects, what we do with that information, and with whom we share this information. Anyone who provides personally identifiable information (“Personal Information”) or any other information to us consents to the collection, use and disclosure of such information under the terms of this Policy.

Your privacy is important to us, and Incline is committed to handling your information with care. The only personal information we record is information collected through user-submitted forms. This information is used by Incline for internal business purposes, such as identifying and contacting appropriate investment candidates, and may be shared with select trusted third parties for the limited purpose of providing services on behalf of Incline.

Incline is committed to continuously improving the Site experience for our visitors. We may collect aggregate data about our visitors such as page views, visitor frequency, Internet browser usage, and length of time spent on the Site. This information may be analyzed internally to understand the effectiveness of our Site and does not identify individual users.

Incline’s Site may contain links to other sites, which are not subject to this privacy policy. We recommend that you read the privacy policies of any linked sites, as we are not responsible for the privacy practices of such third-party sites.

Please note that our privacy policy may change from time to time. Accordingly, visitors are strongly encouraged to review our privacy policy regularly. If we decide to change our privacy policy, we will post those changes so our users are always aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it. If at any point we decide to collect additional personally identifiable information or use any collected information in a manner different from that stated at the time it was collected, we will notify users by posting changes on this page. Your continued use of this Site following any changes to this privacy policy will constitute your acceptance of the changes.

Regulatory Informationview

Last updated: 03/12/14

VISITORS TO THE INCLINE EQUITY PARTNERS WEBSITE ARE REQUESTED TO READ THE FOLLOWING:

TERMS AND CONDITIONS

Welcome to http://inclineequity.com/. The information offered by Incline Equity Partners (“Incline”) on this website (the “Site”) is subject to certain terms and conditions (the “Terms and Conditions”). These Terms and Conditions apply to all users. By entering the Site or by transmitting any information to the Site you acknowledge and agree to all of the Terms and Conditions. Please read them carefully. If you do not agree to the Terms and Conditions, please do not use the Site. Any use of the Site in a manner inconsistent with these Terms and Conditions is deemed unauthorized access and may subject the user to civil or criminal penalties. We reserve the right to revise these Terms and Conditions at any time and for any reason, without notice or obligation, by updating this posting. Your continued use of the Site following the posting of any changes to the Terms and Conditions will mean that you accept such amendments. We strongly recommend that you periodically visit this page of the Site to review the Terms and Conditions.

COPYRIGHTS AND TRADEMARKS
The content on the Site, including the compilation of such content, and the software used on the Site, is the exclusive property of Incline or others and is protected by U.S. and international copyright laws.  No portion of the Site, including, without limitation, the text or images may be used in any manner, or for any purpose, without the prior express written permission of Incline, except as provided herein under “Restricted Use of Site Materials” below.   Incline will aggressively enforce its intellectual property rights to the full extent of the law. Any unauthorized use of such materials may subject you to penalties or damages, including, without limitation, those related to violation of trademarks, copyrights, privacy and publicity rights.

RESTRICTED USE OF SITE MATERIALS
Incline grants you a limited license to access and make use of the Site. For your personal use only, you may print copies of the information from the Site and you may store information from the Site on your own computer. You may not modify the Site, or any portion thereof, for any reason. Any unauthorized use terminates the permission or limited license granted by Incline. Incline reserves all other rights.

LINKING, POSTING AND TRANSMITTING
Although Incline provides the information accessible on the Site for your personal, non-commercial use, Incline retains all property rights, including, without limitation, property rights under U.S. and international copyright law, to all such information. Without the prior express written permission of Incline or as set forth under “Restricted Use of Site Materials” above, you MAY NOT do any of the following: (A) hyperlink to the Site, whether to its homepage or to an interior page; (B) include information from the Site on another site, on a server computer, or in documents; (C) modify or re-use the information from the Site; or (D) transmit any commands, codes or information to the Site, with the exception of those commands necessary to view the Site. Incline reserves all other rights.

Although Incline, or other parties involved in creating, producing, or delivering the Site, may monitor or review any transmissions to the Site or to Incline personnel, Incline and such other parties assume no responsibility or liability that may arise from the content thereof, including, without limitation, claims for defamation, libel, slander, obscenity, pornography, profanity, or misrepresentation.

Although the Site may be linked to other sites upon express written permission from Incline, Incline is not, directly or indirectly, implying any approval, association, sponsorship, endorsement, or affiliation with the linked site, unless specifically stated therein. By entering the Site you acknowledge and agree that Incline has not reviewed all the sites that may be linked to the Site and is not responsible for the content of any off-site pages or any other site linked to the Site. Such third party may have a privacy policy different from that of Incline, and the third party website may provide less security than the Incline website.  You acknowledge and agree that when you follow links to pages not maintained on the Site, you do so at your own risk.

DISCLAIMERS
While Incline makes all reasonable efforts to help ensure that material on the Site is correct, accuracy cannot be guaranteed and Incline makes no warranties or representations that the Site is accurate, reliable or up-to-date, that the Site will be available at any particular time or location, or that this Site is free from viruses or other harmful components.  The Site, and all information and materials contained herein, is provided to you “as is” without warranty of any kind, either express or implied, including without limitation, the implied warranty of merchantability, fitness for a particular purpose, title and non-infringement to the full extent permitted by law.

INTERNATIONAL USE
This Site is operated and controlled by Incline in the United States.  Due to the global nature of the internet, this Site may be accessed by users in countries other than the United States.  Incline makes no warranties that materials on this Site are appropriate or available for use in such locations.  If it is illegal or prohibited in your country of origin to access or use this Site, then you should not do so.  Those who chose to access this Site outside of the United States do so on their own initiative and are responsible for compliance with all local laws and regulations.

LIMITATIONS ON LIABILITY
By entering the Site you acknowledge and agree that your use is at your own risk and that none of the parties involved in creating, producing, or delivering the Site is liable for any direct, incidental, consequential, indirect, or punitive damages, or any other losses, costs, or expenses of any kind (including legal fees, expert fees, or other disbursements) that may arise, directly or indirectly, through access to the Site, use or browsing of the Site, or through your downloading of any text or images, from the Site, even if Incline has been advised of the possibility of such damages.

INDEMNIFICATION
You agree to indemnify and hold harmless Incline, its officers, directors, affiliates and agents, as well as Incline’s licensors and other third parties with which Incline contracts, from and against any and all claims, demands, actions, costs or expenses or both, including reasonable attorney’s fees, incurred by or against such persons or entities arising out of or resulting from your use of the Site, your violations of these Terms and Conditions and/or your violation of any rights of a third party.

APPLICABLE LAW AND JURISDICTION
By visiting the Site, you agree that the laws of the Commonwealth of Pennsylvania, without regard to principles of conflict of laws, will govern these Terms and Conditions and any dispute of any sort that may arise between you and Incline. You hereby consent to the jurisdiction of the federal and state courts in Pennsylvania for the purpose of resolving any dispute in connection with your visit to the Site. Incline may seek injunctive or other appropriate relief in any state or federal court in the Commonwealth of Pennsylvania, and you consent to exclusive jurisdiction and venue in such court.

SEVERABILITY
If any of the Terms and Conditions shall be deemed invalid, void, or for any reason unenforceable, such condition shall be deemed severable and shall not affect the validity and enforceability of any of the remaining Terms and Conditions.

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REGULATORY
Incline Management Corp. (doing business as Incline Equity Partners) is an investment adviser registered with the United States Securities and Exchange Commission (“SEC”). Registration as an investment adviser does not imply a certain level of skill or training. Further information about Incline is also available on the SEC’s website at www.adviserinfo.sec.gov.

JURISDICTIONAL LIMITATIONS
Incline may only transact business or render investment advice in those states and jurisdictions where it is authorized to do so. Any communications with prospective investors residing in states or international jurisdictions where Incline is not registered or licensed shall be limited so as not to trigger registration or licensing requirements.

NOT AN OFFER TO SELL
All information contained on this Site has been prepared by Incline for informational purposes only, without regard to any particular user’s investment objectives or financial condition, and Incline is not soliciting any action based upon it. Nothing on this Site is to be construed as a recommendation, or as an offer or solicitation to purchase securities or invest in any security, including the private equity funds advised, sponsored, or raised by Incline ("the Incline Funds"). Incline provides investment advisory services only to the privately offered Incline Funds. Incline does not solicit or make its services available to the public or other advisory clients. Any offer or solicitation with respect to the Incline Funds, if made, will be made only through a confidential offering memorandum (the "Memorandum") and limited partnership or similar agreement and subscription agreement in respect of such Incline Fund and will be subject to the terms and conditions contained in such documents, including the qualifications necessary to become an investor. These documents will contain information to help investors evaluate the Funds’ investment objectives, risks, charges and expenses, among other factors, before considering an investment.

RELIANCE
Nothing contained on this Site constitutes legal, tax, investment or other advice.  You may want to consult your business advisor, attorney and tax accounting advisors concerning any contemplated transactions.

No securities commission or similar regulatory authority in the U.S. or any other jurisdiction has reviewed, recommended or in any way passed upon these materials or the merits of an investment in the Incline Funds, and any representation to the contrary is an offense.

PROJECTIONS MAY NOT MATERIALIZE
This Site may contain forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Incline does not assume any obligation to correct or update the historical, forward-looking or other information contained herein.

PORTFOLIO COMPANY CASE STUDIES
This Site contains information about a selection of Incline investments. These portfolio company case studies offer summary information, are provided as examples that clarify and typify Incline’s investment approach, and may not represent a complete list of Incline investments. Past results are no guarantee of future results and no representation is made that an investor or portfolio company will or is likely to achieve results that are similar to those of the companies described. These investments were not chosen for their returns on investment.

STATEMENTS OF PORTFOLIO COMPANY EXECUTIVES
Set forth on this Site are statements of certain officers of select portfolio companies in which the Incline Funds have invested or currently invest.  The portfolio company officers were not selected on the basis of performance criteria. This is not a complete list of all officers associated with the portfolio companies in which the Incline Funds have invested or are invested.  Other portfolio company officers may not have the same experience as those individuals identified on this Site. This Site is intended solely to provide information regarding Incline’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities.  The statements contained herein are not statements of any Incline client fund or investor and do not describe any experience with or endorsement of Incline as an investment adviser by any such client or investor.

CONTACT US
Thank you for visiting our Site.  Please contact us at info@inclineequity.com if you have any questions about our Site, our privacy policy or these terms and conditions.  Electronic mail or other communications through this website to Incline (or any of its employees, agents or representatives) are not secure, and we do not guarantee the confidentiality of any such communications.

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PRIVACY POLICY
Thank you for visiting the Incline website. Please carefully read the following Privacy Policy (“Policy”), which applies to those individuals who browse and use our Site (“visitors”). This Policy describes how Incline (‘we” or “us”) gathers and uses information from visitors (“you” and “your”) to our website (“Site”). In order to ensure your privacy, the information we collect from visitors to this Site is used only in the manner and for the purposes described in this Policy.

The purpose of this Policy is to explain the type of information that Incline collects, what we do with that information, and with whom we share this information. Anyone who provides personally identifiable information (“Personal Information”) or any other information to us consents to the collection, use and disclosure of such information under the terms of this Policy.

Your privacy is important to us, and Incline is committed to handling your information with care. The only personal information we record is information collected through user-submitted forms. This information is used by Incline for internal business purposes, such as identifying and contacting appropriate investment candidates, and may be shared with select trusted third parties for the limited purpose of providing services on behalf of Incline.

Incline is committed to continuously improving the Site experience for our visitors. We may collect aggregate data about our visitors such as page views, visitor frequency, Internet browser usage, and length of time spent on the Site. This information may be analyzed internally to understand the effectiveness of our Site and does not identify individual users.

Incline’s Site may contain links to other sites, which are not subject to this privacy policy. We recommend that you read the privacy policies of any linked sites, as we are not responsible for the privacy practices of such third-party sites.

Please note that our privacy policy may change from time to time. Accordingly, visitors are strongly encouraged to review our privacy policy regularly. If we decide to change our privacy policy, we will post those changes so our users are always aware of what information we collect, how we use it, and under what circumstances, if any, we disclose it. If at any point we decide to collect additional personally identifiable information or use any collected information in a manner different from that stated at the time it was collected, we will notify users by posting changes on this page. Your continued use of this Site following any changes to this privacy policy will constitute your acceptance of the changes.

CONTACT US
Thank you for visiting our Site.  Please contact us at info@inclineequity.com if you have any questions about our Site, our privacy policy or these terms and conditions.  Electronic mail or other communications through this website to Incline (or any of its employees, agents or representatives) are not secure, and we do not guarantee the confidentiality of any such communications.

STATEMENTS OF PORTFOLIO COMPANY EXECUTIVES

Set forth on this Site are statements of certain officers of select portfolio companies in which the Incline Funds have invested or currently invest.  The portfolio company officers were not selected on the basis of performance criteria. This is not a complete list of all officers associated with the portfolio companies in which the Incline Funds have invested or are invested.  Other portfolio company officers may not have the same experience as those individuals identified on this Site. This Site is intended solely to provide information regarding Incline’s potential capabilities for prospective portfolio companies, and is not an offer to sell to any person, or a solicitation from any person of an offer to buy, any securities.  The statements contained herein are not statements of any Incline client fund or investor and do not describe any experience with or endorsement of Incline as an investment adviser by any such client or investor.

PORTFOLIO COMPANY CASE STUDIES

This Site contains information about a selection of Incline investments. These portfolio company case studies offer summary information, are provided as examples that clarify and typify Incline’s investment approach, and may not represent a complete list of Incline investments. Past results are no guarantee of future results and no representation is made that an investor or portfolio company will or is likely to achieve results that are similar to those of the companies described. These investments were not chosen for their returns on investment.