Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, is pleased to announce that it has acquired BBG (the “Company”), a national provider of commercial real estate appraisal and assessment services.
Headquartered in Dallas, TX, BBG offers comprehensive real estate advisory services including property appraisals, site and ALTA surveys, environmental assessments and other related advisory services. The Company serves a diverse commercial client base through 37 offices across the U.S. and has built a reputation for personal attention, expedited delivery and specialized expertise.
“BBG has an exceptional financial profile and has proven itself a leading, independent provider with national scale and industry leading capabilities,” said Leon Rubinov, Senior Partner with Incline. “BBG’s proprietary technology differentiates it from its peers and affords BBG to provide best-in-class customer service. The Company is well-positioned to accelerate growth through additional investments in key areas.”
“Incline has a proven track record of investing in the commercial services sector,” said Chris Roach, CEO of BBG. “We are confident they can help us pursue strategic acquisitions to expand into new geographies, add service offerings and continue to deepen our expertise in key verticals. We are excited to partner with them for our next phase of growth.”
About Incline Equity Partners:
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm investing in manufacturing, distribution and business services companies. Incline is generally seeking growing companies with enterprise values of $25 – $450 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.
Incline Management, L.P. (“IMLP”) 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. IMLP provides investment advisory services only to privately offered funds. IMLP 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 IMLP client fund or investor and do not describe any experience with or endorsement of IMLP as an investment adviser by any such client or investor.