Pittsburgh-based private equity firm acquires Profile Products
Incline Equity Partners, a Pittsburgh-based lower middle-market private equity firm, acquired Profile Products. The new owners will work together with Profile’s current leadership team to develop markets and identify areas of growth.
“We are extremely excited to begin our new partnership with Incline Equity Partners,” said Jim Tanner, president and CEO of Profile Products. “Incline has the experience, knowledge and financial resources to help us develop and fuel our newest expansion strategies. Through our industry knowledge and Incline’s leadership, we will strengthen our plans for growth, while creating even more opportunities for our current and future customers.”
Profile’s management team and 200-plus-employee workforce will continue to operate in Buffalo Grove, Ill.; Conover and Hickory, N.C.; Canton, Ohio; Blue Mountain, Miss.; and Limestone and Columbia, Tenn.
Profile will continue to develop environmentally-friendly solutions designed to minimize soil loss, accelerate seed germination and enhance the environment in all of its industry markets, including energy, mining, airports, transportation, landfill, construction, fire reclamation, sports fields, golf courses and horticulture.
“Profile brings a diverse portfolio full of new products and possibility,” said Joseph Choorapuzha, managing director with Incline Equity Partners. “They are a team of committed, talented and passionate professionals with enormous global potential. We look forward to collaborating with their management team to develop new markets and grow the Profile brand worldwide.”