Incline Equity Partners (“Incline”), a Pittsburgh-based private equity firm, announced today that its portfolio company, LYNX Franchising (“LYNX” or the “Company”), has further expanded its commercial services brand offering through the acquisition of FRSTeam. FRSTeam is a franchise leader in disaster recovery, specializing in damage from smoke, fire, water and mold.
Based in Atlanta, GA, LYNX is a multi-brand franchise platform with an impressive collection of B2B essential services. LYNX has developed a portfolio of complementary brand offerings that provide commercial customers cleaning services, virtual and office space services and now restoration services. The Company provides a strong value proposition to franchises through branding, lead generation, technology and corporate infrastructure support services.
“We look forward to leveraging the experience and leadership LYNX provides to build upon the success that our team has achieved so far,” said Holly Murry, Brand President at FRSTeam. “It was important to find a partner that would enhance the customer experience through a broadened service offering.”
“We are proud to provide a robust platform that supports the growing needs of our franchisees,” said Justin Bertram, Senior Partner at Incline. “We are building the premier B2B services franchising platform to help small business owners and entrepreneurs successfully operate and grow their businesses. We will continue to add brands with consistent demand and attractive growth potential that can be fueled through our platform.”
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.