Jon-Don

Jon-Don is a national value-added distributor of Concrete Prep, Restoration, Professional Cleaning and Jan San equipment and consumables used by specialty contractors.

How We Partnered

Transaction Dynamics

A partnership with management to recapitalize the company. Management and the founder made a meaningful investment in the company as part of the transaction.

 

Investment Thesis

  • Strong customer value proposition and brand recognition for technical customer support, equipment maintenance capabilities and just-in-time inventory stocking positions
  • Recession resistant end markets with positive tailwinds
  • Expansive product portfolio with several proprietary brands
  • Several opportunities for continued organic growth and add-on acquisitions

 

Incline Value Enhancement

  • Pursue strategic M&A opportunities
  • Expand into adjacent and nascent end markets within the specialty contractor markets
  • Accelerate organic growth through marketing initiatives and salesforce training
  • Invest in internal systems to enhance analytical reporting capabilities
  • Expand proprietary private label brand offerings
Key Details

HEADQUARTERS
Roselle, IL

STAGE
Active

INDUSTRY
Value-Added Distribution

INVESTMENT DATE
December 2020

“We are excited to partner with Incline for our next phase of growth. Leveraging Incline’s experience and expertise allows us to execute on strategic initiatives that will further strengthen our service offering and market position, including expanding into adjacent end markets and pursuing strategic acquisitions.”

Cesar Lanuza

Chief Executive Officer