Incline Equity Partners, a Pittsburgh-based lower middle-market private equity firm, announced today the addition of AmSpec to its portfolio.
AmSpec, headquartered in Linden, NJ, is a leading provider of testing, inspection, and certification services to the oil, gas, and petrochemical industries. AmSpec’s extensive staff of highly trained, IFIA approved field inspectors allows AmSpec to provide exceptionally responsive inspection services to its clients. AmSpec also operates numerous state-of-the-art laboratories both domestically and abroad that have the capabilities to perform a wide range of tests, analysis, and services on a multitude of products including crude oil, LPG, LNG, jet fuels, diesels, bunker fuels, biofuels, and petrochemicals.
“AmSpec has an exceptional track record of growth due to the company’s unwavering focus on customer service at every level of the organization,” said Jack Glover, Partner of Incline Equity Partners. Leon Rubinov, Principal of Incline Equity Partners, added, “We are excited to partner with Joe Wright, Matt Corr, and the entire AmSpec management team to support the company’s ongoing success and accelerate its domestic and international expansion initiatives.”
Joe Wright, Chief Executive Officer of AmSpec, said, “Incline Equity Partners is a great strategic partner for us. Their operational focus and resources will help us leverage our capabilities to build a global company while maintaining our world-class capabilities and industry leading service.”
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.