Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, is pleased to announce its investment in Icreon (the “Company”), a leading digital transformation agency to enterprise and mid-market clients.
Based in New York, NY, Icreon provides a comprehensive suite of digital transformation services, including strategy, product design and back-end engineering capabilities. The Company works with growth-oriented businesses to strategize and implement digital initiatives that enable its clients to better engage with their customers. Icreon’s global reach and tenured team positions them as the preferred partner to deliver best-in-class solutions.
“We are proud of the long-term client relationships we have developed over the last 20 years,” said Himanshu Sareen, Founder and CEO of Icreon. “Incline is the ideal partner to help us further expand upon what we’ve built through enhancing capabilities and adding partnerships that will deepen our customer relationships and service offerings. We look forward to continuing to build out a wholistic digital transformation offering in our next chapter.”
“Himanshu and team have done a tremendous job of building a proven, differentiated platform that is well-positioned to capture additional market share in the large digital transformation industry,” said Tom Ritchie, Partner at Incline. “Together, we plan to accelerate growth by exploring strategic acquisitions that will add expertise across additional verticals, capabilities and software platforms. We also plan to continue to invest in the go-to-market strategy to further expand customer growth. We are thrilled to be a part of Icreon’s ongoing success.”
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 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.
Disclaimer:
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.