Transaction Dynamics

A partnership with management to provide first-time institutional capital to a family-owned business.

Investment Thesis

• Highly recurring demand supported by strong retention
• Diversified customer, end-market, supplier and SKU base with limited concentration
• Value-added technical capabilities across engineering, assembly, fabrication, repair and field services
• Fragmented market with significant whitespace for geographic expansion and accretive M&A

Incline Value Enhancement

• Accelerate strategic M&A opportunities
• Invest in a strategic go-to-market function
• Pursue expansion into adjacent markets and services