Profile Products Acquired by Incline Equity Partners
BUFFALO GROVE, Ill. (January 10, 2019) – Profile Products LLC, an environmental solutions company providing soil, water and vegetation management solutions for customers in erosion control, sports turf, golf and horticultural markets, today announced its acquisition by Incline Equity Partners, a Pittsburgh-based private equity firm focused on making investments in growth companies specializing in value-added distribution, specialized light manufacturing and business services. 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+-employee workforce will continue to operate in Buffalo Grove, Illinois; Conover and Hickory, North Carolina; Canton, Ohio; Blue Mountain, Mississippi; and Limestone and Columbia, Tennessee.
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. Currently, Profile’s products are sold in 75 countries on six continents.
“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.”
About Profile Products
Based in Buffalo Grove, Ill., PROFILE Products LLC is the world’s leading manufacturer of hydraulically applied mulch and additives, horticulture substrates, as well as biotic and ceramic conditioners to amend soil. Profile offers on-site solutions and consultation to architects, land planners, contractors, developers and municipalities. Their team of agronomists, engineers and industry experts is supported through a worldwide network of experienced distributors. For more information call (800) 508-8681, email [email protected] or visit profileproducts.com.
About Incline Equity Partners
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private investment firm focused on making investments in lower middle-market growth companies. Incline generally seeks companies with enterprise values of $25MM to $300MM across a variety of industry sectors including specialized light manufacturing, value-added distribution and business services. Typical investment types are ownership transitions for privately held businesses, buyouts, corporate divestitures and minority recapitalizations within the U.S. and Canada. For more information visit inclineequity.com