Incline Equity Partners

Incline Equity Partners is a private investment firm based in Pittsburgh, Pennsylvania, established in 2011. The firm specializes in investing in lower middle-market growth companies in the United States and Canada, focusing on enterprises with values between $25 million and $100 million. It was founded by three managing principals from PNC Equity Partners, which was previously the private equity arm of PNC Financial Services Group. Incline Equity Partners actively manages the capital and portfolio investments of its two recent private equity funds.

Michael Antonelli

Managing Director

Deanna Beth Barry

Partner and Chief Financial Officer

Justin Bertram

Co-Founder & Senior Partner

Michael Blume

Associate

David Chen

VP

Joe Choorapuzha

Partner

Scott Cielinski

Associate

Justin Cook

Associate

Aaron Dlugos

Associate

Dan Doherty

Associate

Julia Evans

Associate

Matt Farrell

Associate

Dana Fitzgerald

Associate, Business Development

Nick George

Associate

Jack Glover

Managing Partner

Margaret Graham

VP, Business Development

James Granruth

Associate

Cale Grove

Vice President

Sarah Halvonik

Vice President, Business Development

Eric Haufler

VP

Allen Jackson

Senior Associate

Jack Lambert

Associate

Danny McCabe

Associate

John Morley

Partner

Brad Phillips

Managing Director

Jonathan Potter

Associate

Thomas Ritchie

Partner

Leon Rubinov

Senior Partner

Bennett Salvatora

Associate

Blake Shapskinsky

VP

April Simile

Partner, Business Development

Evan J. Weinstein

Partner

Bill Zaccardelli

VP

Chris Zakhem

Associate

41 past transactions

Rotating Machinery Services

Merger/Acquisition in 2015
RMS, with principal headquarters and manufacturing facility in Bethlehem, PA started out engineering, repairing, servicing and upgrading rotating machinery in 1997. The company recently expanded its business to Houston with the acquisition of Mepco, a 64,000-square-foot repair center located near the Hobby Airport, in mid-2017. RMS also has an engineering and sales office in Appleton, Wisconsin.

Starwest Botanicals

Acquisition in 2021
Starwest is one of the largest suppliers of organic herbs in the United States.

Smile Source

Private Equity Round in 2023
Smile Source L.P. operates a network of private practice dentists to provide dental care services to patients in the United States. It offers cosmetic, preventive, and general dentistry services, as well as other solutions, such as patient education solutions, crown and bridgework solutions, dental implants, and dentures and partials. The company was founded in 2006 and is based in Austin, Texas.

P.T. International Corp.

Acquisition in 2018
P.T. International Corp. is a supplier of metric and imperial power transmission products. PTI provides mounted ball and roller bearing units, roller chains, gears, sprockets and other products to original equipment manufacturers and large national distributors for use across diverse end-markets.

Ned Stevens Gutter Cleaning

Merger/Acquisition in 2016
Ned Stevens Gutter Cleaning & General Contracting, Inc. provides gutter cleaning, maintenance, installation, and repair services for homeowners. Its services include underground drain, outdoor spotlights, chimney caps, gutter screening, roof cleaning, siding cleaning, deck cleaning, window cleaning, dryer vent cleaning, fence cleaning, patio cleaning, and walkway cleaning services. In addition, the company sells and installs gutter guards. It serves Connecticut, Delaware, Georgia, Illinois, Maryland, Massachusetts, New Jersey, New York, North Carolina, Pennsylvania, Rhode Island, South Carolina, Texas, Virginia, and Washington. The company was founded in 1965 and is based in Fairfield, New Jersey.

Alliance-Enviro

Private Equity Round in 2022
Alliance Environmental Group is one of the environmental contractors in California. Alliance Environmental provides innovative solutions in the areas of air and HVAC duct cleaning; asbestos, lead, and mold abatement; demolition and emergency response. The company has successfully completed more than 100,000 remediation projects ranging from bed bug elimination to residential mold removal in California and surrounding states.

Charter Industries Extrusions, Inc.

Private Placement in 2018
Charter Industries Extrusions, Inc. is a supplier of PVC edgebanding, veneer edgebanding, plastic and metal laminates, sheet veneer, T-molding, and other building accessories. It also offers tools and adhesives, office furniture, and cabinetry hardware. The company offers products for use in end-use environments and applications, including athletic locker rooms, dormitory furniture, medical facility casework, point of sale kiosks, store fixtures, school lockers, and worksurfaces. It also sells products online. The company was incorporated in 1993 and is headquartered in Kentwood, Michigan with additional locations in Fresno, California; Jacksonville, Florida; Albany, New York; and Dallas, Texas.

LYNX Franchising LLC

Merger/Acquisition in 2016
PFB is an award-winning, global franchise platform providing commercial and residential services. PFB currently operates two successful and growing franchising concepts – Jan-Pro, a leading commercial cleaning franchise and one of the fastest growing franchise concepts in the U.S., with a 25 year track record of success; and Maid Right, a rapidly growing franchise launched in 2013 to focus on the residential cleaning market. The company has more than 150 Master Franchisees, 8,000 Unit Franchisees and over 50,000 end customers across the world.

Blueberry Therapeutics

Seed Round in 2015
Blueberry Therapeutics Ltd. engages in the development of therapies to treat diseases where infection and inflammation are major factors. The company offers therapies for the treatment of dermatological disorders. It uses nano polymer drug delivery technology to exploit small molecule and biologic approaches to developing treatments; and develops therapies for inflammatory bowel disease, atopic dermatitis, acne, and wound healing. The company was founded in 2011 and is based in Alderley Edge, United Kingdom.

Continental Batteries

Private Equity Round in 2018
Continental Batteries is a distributor of aftermarket batteries to the automotive, commercial, golf, marine, and industrial markets. The Company’s brand is highly regarded and firmly established across the industry. They provide excellent service, great customer relationships, and quality products – while maintaining its strong ethical foundation.

P.T. International Corp.

Merger/Acquisition in 2018
P.T. International Corp. is a supplier of metric and imperial power transmission products. PTI provides mounted ball and roller bearing units, roller chains, gears, sprockets and other products to original equipment manufacturers and large national distributors for use across diverse end-markets.

ASP Global

Merger/Acquisition in 2020
ASP Global is a privately held, Atlanta-based company with additional operations in the Pacific Rim. ASP Global is a leading global sourcing agent/wholesaler of medical supplies with a proven track record. Our expert management team has decades of experience in the healthcare and sourcing industries. Our knowledgeable staff¬ can provide direction on a wide range of medical supplies, including disposables, rehab supplies, equipment and surgical products – including foam, plastics, metals, wood, textiles, and electronics. Our long-standing relationships with 120+ factories enable us to deliver high quality products at factory pricing directly to our clients. We place the highest value on providing customer service excellence with the utmost integrity.

Brown & Joseph

Acquisition in 2019
Brown & Joseph brings state-of-the-art information intelligence into their operations to achieve greater and faster net results for their clients.In addition to providing more working capital and minimizing write offs, their clients experience noticeable reductions in their own accounting, underwriting, auditing and claims administration expenses due to their increased efficiencies.

ASP Global

Private Equity Round in 2020
ASP Global is a privately held, Atlanta-based company with additional operations in the Pacific Rim. ASP Global is a leading global sourcing agent/wholesaler of medical supplies with a proven track record. Our expert management team has decades of experience in the healthcare and sourcing industries. Our knowledgeable staff¬ can provide direction on a wide range of medical supplies, including disposables, rehab supplies, equipment and surgical products – including foam, plastics, metals, wood, textiles, and electronics. Our long-standing relationships with 120+ factories enable us to deliver high quality products at factory pricing directly to our clients. We place the highest value on providing customer service excellence with the utmost integrity.

Continental Batteries Company

Merger/Acquisition in 2018
Continental Batteries Company distributes batteries in the United States. It offers batteries for motorcycles, snowmobiles, PWC, ATV vehicles, light trucks, recreational vehicles, golf carts, fork lifts, floor scrubbers, robotics, scooters, wheelchairs, and multi-purpose warehouse equipment, as well as for commercial and heavy duty, farm and agriculture, lawn and garden, marine, home medical equipment/mobility, and cable TV and broadband applications. Continental Batteries Company offers its products through dealers. The company was founded in 1932 and is based in Dallas, Texas with locations in Arkansas, Kansas, Missouri, Nebraska, Oklahoma, and Texas.

Profile Products

Acquisition in 2019
Profile Products manufactures and distributes proven solutions that help you thrive in a competitive environment while enhancing the natural environment of the sites you serve. It’s their mission to consistently help their customers establish sustainable green space through water and soil management and plant establishment. And they accomplish this by bringing their knowledgeable people, proven products, groundbreaking technology and personal services on-site to holistically meet real world applications—assuring success on every job. Their purpose-driven products meet the specific needs of a range of industries, including sports fields, golf courses, mining, oil and gas reclamation, landfills, commercial/residential construction and DOT/highway projects. They provide the industry’s broadest line of erosion and sediment control products, turf establishment products and complementary accessories to control erosion and accelerate seed germination. They also manufacture the industry’s best-selling inorganic soil amendments. Through their ongoing commitment to research and testing, product development and education, Profile® has become a leader and valued resource within the industries they serve. Many of today’s industry standards were innovations developed and introduced by Profile incorporating Green Design Engineering™, a holistic approach that combines environmentally beneficial project design with products that are ecologically responsible. And, as the need for “greener” solutions rises, they will continue to seek out ways to help their customers achieve success.

Profile Products

Merger/Acquisition in 2019
Profile Products manufactures and distributes proven solutions that help you thrive in a competitive environment while enhancing the natural environment of the sites you serve. It’s their mission to consistently help their customers establish sustainable green space through water and soil management and plant establishment. And they accomplish this by bringing their knowledgeable people, proven products, groundbreaking technology and personal services on-site to holistically meet real world applications—assuring success on every job. Their purpose-driven products meet the specific needs of a range of industries, including sports fields, golf courses, mining, oil and gas reclamation, landfills, commercial/residential construction and DOT/highway projects. They provide the industry’s broadest line of erosion and sediment control products, turf establishment products and complementary accessories to control erosion and accelerate seed germination. They also manufacture the industry’s best-selling inorganic soil amendments. Through their ongoing commitment to research and testing, product development and education, Profile® has become a leader and valued resource within the industries they serve. Many of today’s industry standards were innovations developed and introduced by Profile incorporating Green Design Engineering™, a holistic approach that combines environmentally beneficial project design with products that are ecologically responsible. And, as the need for “greener” solutions rises, they will continue to seek out ways to help their customers achieve success.

Ned Stevens

Acquisition in 2016
A Fairfield, N.J.-based provider of gutter and outdoor cleaning services

IAFD

Private Equity Round in 2022
Industrial Air Flow Dynamics supplies expansion joints and provides related services to the power generation industry worldwide. Its expansion joints include gas turbine expansion joints, such as filter houses, CT outlets, HRSG inlets, penetration seals, and stacks; and coal-fired expansion joints. The company also provides IR plant wide surveys. In addition, it offers HRSG penetration seals and HRSG liner repairs. Industrial Air Flow Dynamics, Inc. was formerly known as CCI Services. The company was founded in 2001 and is based in Glastonbury, Connecticut with satellite locations in Kentucky, Florida, and Texas.

NovaVision

Private Equity Round in 2022
NovaVision specializes in security labels which are commonly used to combat counterfeiting and/or tampering.

BFG Supply

Acquisition in 2020
BFG Supply has a long and proud history of serving the Professional Grower and Lawn & Garden industries. Today BFG Supply is the best it has ever been and has a strong vision for the future. As an industry innovator, BFG is on the forefront of new and useful technology to increase our efficiency and more effectively serve our customers. With over 250 employees, BFG continues to grow by entering new markets, offering new products and providing our customers with market leading technology solutions. BFG Supply offers our customers unmatched value and service by combining the top nursery, greenhouse and lawn & garden product lines with the latest innovative new products available. In a world of change you can take comfort in knowing that BFG Supply is focused on caring for your business needs. We look forward to providing the best customer service in the industry and supporting the growth of our customers.

Edko

Acquisition in 2021
Edko is an environmental service that specialist in vegetation management, weed control, tree growth regulator, and herbicide brush control. The company was founded in 1961 and is based in Euless, Texas, United States.

BFG Supply

Merger/Acquisition in 2020
BFG Supply has a long and proud history of serving the Professional Grower and Lawn & Garden industries. Today BFG Supply is the best it has ever been and has a strong vision for the future. As an industry innovator, BFG is on the forefront of new and useful technology to increase our efficiency and more effectively serve our customers. With over 250 employees, BFG continues to grow by entering new markets, offering new products and providing our customers with market leading technology solutions. BFG Supply offers our customers unmatched value and service by combining the top nursery, greenhouse and lawn & garden product lines with the latest innovative new products available. In a world of change you can take comfort in knowing that BFG Supply is focused on caring for your business needs. We look forward to providing the best customer service in the industry and supporting the growth of our customers.

Foundation Source

Acquisition in 2020
Foundation Source is the nation’s largest provider of comprehensive support services for private foundations, bringing unparalleled knowledge and expertise to clients across the country. Our services include administrative support, active compliance monitoring, tax and legal expertise, online foundation management tools, and philanthropic advisory services.New Foundations – Foundation Source can provide a new foundation, ready for funding, in as little as three business days. We also happily work with new foundations that are established independently by an attorney.

Jon-Don

Private Placement in 2020
Jon-Don is a business supplies and equipment company offering disaster restoration and concrete equipment.

Unified Power

Merger/Acquisition in 2019
Unified Power is a national service provider of UPS Maintenance & Repair. We are an industry leader, dedicated to providing elite service to our customers. Unified Power is the leading national independent provider of critical power service, equipment and associated accessories.

AFC Industries

Merger/Acquisition in 2015
AFC Industries provides supply chain management expertise in support of original equipment manufacturing and assembly plants. AFC Industries was acquired by The Boulder. It is located in Hartford, Connecticut.

BCI Burke Company

Private Equity Round in 2015
BCI Burke Company, LLC has always been known for quality playground equipment, personal service and our commitment to safety. Since 1920, Burke has been leading the way with exciting and innovative playgrounds, park and site amenities and sport products. Burke is a family owned business operating with optimum efficiency, current technology and the following set of core values to give our customers the best Total Cost of Ownership Package™ possible for your playground.

Midwest Industrial Rubber

Acquisition in 2016
Midwest Industrial Rubber Inc., a fabricator and distributor of lightweight conveyor belting and industrial conveyor products. Midwest Industrial Rubber, Inc. (MIR) is a privately owned corporation specializing in the fabrication and distribution of lightweight conveyor belting and industrial conveyor products. Our focus is on providing value-added products and services through our 14 full service sales and fabrication facilities located across the U.S. Our corporate headquarters is in St. Louis, Missouri. MIR was founded in January 1980 in response to the needs of manufacturing facilities to have in-plant expertise, as well as access to products and services that minimize downtime and increase productivity. Over the years, we have expanded across America as more and more of our customers requested service in close proximity to their facilities. Exceptional service and commitment to quality: That’s what’s earned MIR a reputation as the premier independent specialty fabricator and distributor of lightweight belting and conveyor accessories in North America.

Caldwell and Gregory

Merger/Acquisition in 2018
Caldwell and Gregory, Inc. provides commercial laundry equipment and laundry rooms. The company provides front load and top load washers, and single and stack dryers for colleges, universities, apartments, condominiums, coin laundry stores, and commercial and industrial applications. The company also offers on-premise commercial laundry and repair services. Caldwell and Gregory, Inc. was founded in 1990 and is headquartered in Manakin Sabot, Virginia.

Unified Power

Acquisition in 2019
Unified Power is a national service provider of UPS Maintenance & Repair. We are an industry leader, dedicated to providing elite service to our customers. Unified Power is the leading national independent provider of critical power service, equipment and associated accessories.

Midwest Industrial Rubber

Merger/Acquisition in 2016
Midwest Industrial Rubber Inc., a fabricator and distributor of lightweight conveyor belting and industrial conveyor products. Midwest Industrial Rubber, Inc. (MIR) is a privately owned corporation specializing in the fabrication and distribution of lightweight conveyor belting and industrial conveyor products. Our focus is on providing value-added products and services through our 14 full service sales and fabrication facilities located across the U.S. Our corporate headquarters is in St. Louis, Missouri. MIR was founded in January 1980 in response to the needs of manufacturing facilities to have in-plant expertise, as well as access to products and services that minimize downtime and increase productivity. Over the years, we have expanded across America as more and more of our customers requested service in close proximity to their facilities. Exceptional service and commitment to quality: That’s what’s earned MIR a reputation as the premier independent specialty fabricator and distributor of lightweight belting and conveyor accessories in North America.

AFC Holdings

Private Equity Round in 2015
AFC Holdings is a united group of companies providing supply chain management expertise in support of original equipment manufacturing and assembly plants. We are a Value-Added provider of fastening and other assembly components, specializing in “POINT-OF-USE-DELIVERY”, vendor managed inventory systems. We support a diverse industry base of manufacturers that include medical, rail, power generation, transmission and distribution, fluid handling, food equipment, lighting, defense, automotive, and many other industries.

Aldinger Company

Private Equity Round in 2023
Aldinger Company offers sales, repair, and calibration services. Their calibration services includes dimensional, electrical, fluid, force, mass, pressure, temperature, timing, high capacity, accreditation, and asset tracking.

Fond Du Lac Cold Storage L.L.C.

Merger/Acquisition in 2017
Provides Cold Storage Or Refrigerated Warehousing (100%).
Foundation Source Philanthropic Services Inc. provides support services for private foundations in the United States. Its services include administrative support, active compliance monitoring, tax and legal expertise, online foundation management tools, and philanthropic advisory services. The company serves family, corporate, and professionally staffed foundations. Foundation Source Philanthropic Services, Inc. was founded in 2000 and is headquartered in Fairfield, Connecticut with additional offices in Atlanta, Boston, Chicago, Los Angeles, New York, Philadelphia, San Francisco, Seattle, South Florida, and Washington, D.C.