Incline Equity Partners acquires Profile Products

Incline Equity Partners has acquired Buffalo Grove, Illinois-based Profile Products, a maker of engineered horticultural growing media, erosion control products and soil amendments. No financial terms were disclosed.

PRESS RELEASE

Incline Equity Partners (“Incline”), a Pittsburgh-based lower middle-market private equity firm, announces that it has acquired Profile Products (“Profile” or the “Company”), a global developer and manufacturer of engineered horticultural growing media, erosion control products and soil amendments.

Based in Buffalo Grove, IL, Profile boasts an innovative portfolio of products designed to enhance root development, minimize soil loss and accelerate seed germination, resulting in a market-leading position for soil and water management solutions. The Company’s products, including hydraulic mulch and soil conditioners, are cost-effective and environmentally-friendly solutions to a variety of end markets such as sports fields, golf courses, waste management, civil and private construction, horticulture and energy.

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

Jim Tanner, CEO of Profile added, “The management team is proud to have developed high performing, value-added products across a multi-brand platform. 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.”

Source: https://www.pehub.com/2019/01/incline-equity-partners-acquires-profile-products/

Powered by WPeMatico