Incline Equity Partners Surpasses $300 Million Fundraising Target
Incline announced today the final closing of Incline Equity Partners III, L.P. and affiliated funds (collectively, “IEP III”) with over $301 million of capital commitments. IEP III represents Incline’s first fund raised as an independent firm.
Incline Equity Partners Announces Sale of Portec Group International, Inc.
Incline announced today the signing of a definitive sale agreement for Portec Group International, Inc. (“Portec” or the “Company”). Portec will be integrated into the Interroll Group, a global manufacturer of material handling equipment.
Incline Equity Partners Exits Caldwell and Gregory, LLC
Incline announced today that it has successfully transitioned its interest in Caldwell and Gregory, LLC (“C&G”), a leading provider and servicer of laundry rooms for colleges, universities and multi-family housing communities. C&G is now partnered with Carousel Capital, a private equity firm based in Charlotte, North Carolina.
Incline Equity Partners adds AmSpec to its Portfolio
Incline announced today the addition of AmSpec to its portfolio. AmSpec, headquartered in Linden, NJ, is a leading provider of testing, inspection, and certification services to the oil, gas, and petrochemical industries.
Incline Equity Partners Sells Orthotic Holdings, Inc.
Incline announced the sale of Orthotic Holdings, Inc. (OHI) to Frazier Healthcare. OHI, headquartered in Markham, Ontario, is a leading manufacturer, marketer and distributor of high quality, predominantly custom and branded medical products that treat foot, ankle and leg related conditions and diseases.
April Simile Joins Incline as Director of Business Development; Lauren McKibben Transitions to Investment Associate
Incline announced the addition of April Simile as Director of Business Development focusing on deal origination. Lauren McKibben, previously Director of Business Development, will transition to a new role as Investment Associate within the firm responsible for evaluating and analyzing investments.
Incline Equity Completes Third Add-on Acquisition for Wheaton Industries
Incline Equity Partners and portfolio company Wheaton Industries Inc. (“Wheaton”) announced today the acquisition of MicroLiter Analytical Supplies, Inc. (“MicroLiter”), a leading supplier of chromatography sample vials and accessories.
Revolution Dancewear Acquires Dance Direct; Sets Stage for International Expansion
Incline Equity Partners announced today that its portfolio company, Revolution Dancewear (“Revolution”), has acquired Dance Direct, a Melksham-UK based online retailer of dancewear and dance apparel. This is the first add-on acquisition for Revolution since Incline Equity Partner’s initial investment in July 2010.
Wheaton Industries Expands Product Line with Acquisition of CELLine
Incline Equity Partners and portfolio company Wheaton Industries Inc. (“Wheaton”) announced today the acquisition of CELLine, a division of Wilson Wolf Manufacturing Corporation that manufactures disposable cell culture flasks.
Incline Equity Teams with Management to Recapitalize Dorner Mfg. Corp.
Incline Equity Partners announced its partnership with Hartland, WI-based Dorner Mfg. Corp. (“Dorner”), a leading designer, manufacturer, and supplier of unit handling conveyor systems and components parts used to address automation needs in industrial, packaging, food, medical, and pharmaceutical end markets.