Transaction Dynamics

A partnership with management to recapitalize the company. Management and the founder made a meaningful investment in the company as part of the transaction.

Investment Thesis

• Strong customer value proposition and brand recognition for technical customer support, equipment maintenance capabilities and just-in-time inventory stocking positions
• Recession resistant end markets with positive tailwinds
• Expansive product portfolio with several proprietary brands
• Several opportunities for continued organic growth and add-on acquisitions

Incline Value Enhancement

• Completed 7 add-on acquisitions
• Invested in systems and technology
• Made key senior hires