Incline Equity Partners Invests in BCI Burke Company, LLC

  • News
  • January 12, 2015

Incline Equity Partners (“Incline”), a Pittsburgh based lower middle-market private equity firm, proudly announces an investment in BCI Burke Company, LLC (“Burke” or “The Company”).

Founded in 1920 and headquartered in Fond du Lac, WI, Burke is a leading designer, manufacturer, and marketer of commercial playground and leisure equipment.  The Company’s expansive product set is sold into multiple end markets including parks/recreation, school, housing/developer, and day care markets.  Burke is committed to inventing and Reinventing Play™, and to providing market differentiating support to its independent representative network.

“I am proud of the Burke legacy, and its strong, respected brand name in the market,” said Former President and Chief Executive Officer, Tim Ahern.  “We chose Incline because they were best positioned to guide us through the first management transition while also driving sustainable future growth.”

Mike Phelan, Chief Executive Officer, added, “We are excited to leverage Incline’s experience to help Burke achieve its strategic growth initiatives in both existing and new markets. Partnering with Incline will enhance Burke’s ability to provide innovative, accessible play environments for children, families, and communities worldwide.”

Wali Bacdayan, Partner with Incline, said, “Burke has an impressive history with a proven ability to garner market share.  Our investment will build upon this foundation to further grow and strengthen the company.”

This acquisition marks the second new platform investment, and ninth overall transaction, for Incline in 2014.  Incline added new platform, Hartland Controls, a market leading supplier of electrical system components to the heating, ventilation, and air conditioning market and other industrial end markets in February.  “2014 was an active, exciting year at Incline,” said Justin Bertram, Partner.  “We are pleased with our investment pace, and we are optimistic for similar activity in 2015.”

 

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.

 

Disclaimer:
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.

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