ASP Global has Acquired Shumsky Therapeutic Pillows
ASP Global (“ASP”), has acquired Shumsky Therapeutic Pillows (“Shumsky”), a distributor of therapeutic pillows to hospitals that aid in pre-surgery education and post-surgery patient comfort. Based in Dayton, OH, Shumsky provides health systems with customized pillows, bolstering ASP’s commitment to a tailored product set. The acquisition also provides an expansion into additional hospital systems not currently served by ASP.
Brown & Joseph Has Combined with Altus Receivables Management
Brown & Joseph has combined with Altus Receivables Management, creating a premier third-party commercial collection services company with one of the most comprehensive set of capabilities. The company can better serve customers through strengthened technical systems and a broadened capability offering within the insurance, business services, transportation and logistics, telecom and technology industries.
Profile Products Has Acquired Hydrostraw
Profile Products (“Profile”), has acquired HydroStraw, a manufacturer of straw-based erosion control products with a specific focus on innovative erosion control technologies and seed products. The acquisition augments Profile’s industry-leading erosion control technologies with HydroStraw’s hydraulic mulches, equipment and seed businesses. In addition to the strengthened product portfolio, Profile gains new manufacturing and distribution capabilities in the Pacific Northwest market.
Unified Power Has Acquired Tristar Power Systems and Computer Power Systems, Inc.
Unified Power (“Unified”) has acquired Tristar Power Systems (“Tristar”) and Computer Power Systems, Inc. (“CPSI”). Tristar, based in Minneapolis, MN, and CPSI, based in Orlando, FL, provide preventative maintenance, repair, installation and commissioning services for uninterruptible and backup power systems within hospitals, data centers, manufacturing plants and other mission critical buildings. The synergistic acquisitions expand Unified’s service offering and footprint in both geographies.
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.