Incline Equity Partners (“Incline”) today announced the addition of April Simile as Director of Business Development. Lauren McKibben, previously Director of Business Development, will transition to a new role as Investment Associate within the firm.
Ms. Simile will focus on deal origination; expanding Incline’s business with existing deal sources and developing new relationships with lower middle-market business owners and advisors.
“We’re very excited about the addition of April Simile to the Incline team,” said Jack Glover, Partner of Incline Equity Partners. “April brings a wealth of strategic marketing and communications experience to the position and will play a key role in the continued growth and success of our firm.”
Ms. Simile previously worked as a Senior Vice President at Allegheny Valley Bank, a Pittsburgh-based commercial financial institution. April held executive positions in the areas of commercial lending, corporate cash management, retail delivery, and marketing during her 12 year tenure. Ms. Simile received her B.S. in Finance, cum laude, from La Roche College.
Ms. McKibben, who has held the position of Director of Business Development since May 2009, will move to Investment Associate effective April 1, 2013. She will be responsible for evaluating and analyzing investments made by the firm.
About Incline Equity Partners
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm focused on making investments in lower middle-market growth companies, focusing on companies with enterprise values of $30MM to $125MM across a variety of industry sectors including value-added distribution, specialized light manufacturing and business and industrial services. Typical investment types are management buyouts, ownership transitions for privately held businesses and corporate divestitures. Incline Equity Partners has experience with investing, mergers and acquisitions, leveraged finance, leveraged buyouts and growth capital.
Incline Management Corporation (“IMC”) is registered with the U.S. Securities and Exchange Commission as an investment adviser under the U.S. Investment Advisers Act of 1940, as amended. Registration as an investment adviser does not imply a certain level of skill or training. IMC provides investment advisory services only to privately offered funds. IMC does not solicit or make its services available to the public or other advisory clients. This press release 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 IMC client fund or investor and do not describe any experience with or endorsement of IMC as an investment adviser by any such client or investor.