NovaVision
NovaVision is a manufacturer and distributor consumable security products including holograms, tamper-evident tapes, seals, labels, bags and mechanical seals serving various end markets.
PORTFOLIO STORY
How We Partnered
Transaction Dynamics
A partnership with the management team to recapitalize the business. Incline will work closely with the leadership team to execute a growth-focused strategy
Investment Thesis
- Established player in a fragmented market
- Strong barriers to entry from value-added manufacturing processes
- Incline’s relevant experience working with specialized light manufacturers
- Multiple levers to accelerate organic growth and pursue acquisitions
Incline Value Enhancement
- Pursue add-on acquisitions
- Optimize digital marketing strategy and revitalize web presence to accelerate new customer acquisition, build brand awareness and reach additional customers
- Enhance the current sales strategy by shifting account management’s focus to serving both existing and new customer accounts
- Further commercialize operations and evaluate opportunities for additional vertical integration
HEADQUARTERS
Bowling Green, OH
STATUS
Active
INDUSTRY
Specialized Light Manufacturing
INVESTMENT DATE
August 2022
Since our founding in 1994, we have focused on building a vertically integrated business committed to delivering high quality, customized products with rapid turnaround times. With Incline by our side, we are excited to further strengthen our capabilities while maintaining our unwavering commitment to our customers. We are enthusiastic about partnering with Incline in our next phase of growth. Additionally, I want to thank Mike for over two decades of leadership, and I look forward to his continued counsel as part of the board.