Profile Products 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 employee workforce of more than 200 will continue to operate in Buffalo Grove, Ill.; Conover and Hickory, North 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. 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.”