Incline Acquires Profile Products

Incline Equity Partners has acquired Profile Products, a developer and manufacturer of engineered horticultural growing media and erosion control products.

Profile’s products include mulches and additives, engineered soils, soil conditioners, and turf reinforcement mats and vegetative establishment blankets which are used in the sports fields, golf courses, waste management, civil and private construction, horticulture and energy sectors.

Profile, led by CEO Jim Tanner, is headquartered in the Chicago Suburb of Buffalo Grove, IL (www.profileevs.com).

“The management team is proud to have developed high performing, value-added products across a multi-brand platform,” said Mr. Tanner. “We serve a growing market with continued opportunities to expand penetration of existing products while developing technologies to serve needs in new markets.  Incline’s cultural fit and relevant experience were very important to us when choosing them as our partner for the next phase of growth.”

“Profile is an industry leader across its key product categories and has an unparalleled global distribution network,” said Joseph Choorapuzha, a managing director with Incline.  “Additionally, Profile’s strong value proposition and commitment to ongoing innovation has fostered embedded, long-lasting customer relationships.”

Incline Equity Partners invests from $15 million to $30 million in support of recapitalizations, buyouts and corporate divestitures of lower middle market companies that have EBITDAs greater than $5 million and enterprise values between $25 million and $300 million. Sectors of interest include value-added distribution, specialized light manufacturing, and business services.  Incline was formed in 2011 and is based in Pittsburgh (www.inclineequity.com).

The buy of Profile is the third transaction closed by Incline in the past thirty days. In December 2018 the firm acquired two companies: Richmond, VA-based Caldwell & Gregory, a provider of laundry facility management services for customers in the university and multifamily housing markets; and Grand Rapids, MI-based Charter Industries, a supplier of PVC and veneer edgebanding used by specialty carpenters and furniture installers.

© 2019 Private Equity Professional | January 11, 2019

Print Friendly, PDF & Email

Related Articles

Clearlake’s Unifrax Buys Stellar Materials Unifrax, a portfolio company of Clearlake Capital Group, has acquired Stellar Materials, a manufacturer of specialty chemistries and materials. Clearl...
Ares and OMERS Sell NVA to JAB Ares Management (NYSE: ARES) and OMERS Private Equity have agreed to sell National Veterinary Associates (NVA) to JAB Investors. Ares Management acqui...
Liberty Hall Sells AIM to Sekisui Chemical Liberty Hall Capital Partners has agreed to sell AIM Aerospace, a supplier of composite parts used in the commercial aerospace industry, to Sekisui Ch...
High Road Closes Fourth Banner Add-On Banner Solutions, a portfolio company of High Road Capital Partners, has acquired Berg Wholesale. Berg Wholesale is a distributor of door hardware,...
Berkshire Joins Warburg at CPP Berkshire Partners has made an investment in Consolidated Precision Products (CPP), a current portfolio company of Warburg Pincus. With the transactio...
Leeds Adds On to BARBRI BARBRI, a portfolio company of Leeds Equity Partners, has acquired The Center for Legal Studies (CLS). CLS is a provider of online and live legal p...