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New Deal


Announced

Completed

Incline completed the acquisition of Foundation Source.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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foundation creation

administrative support

Consumer Services: Other

United States

Private

Majority

Friendly

Private Equity

Single Bidder

Acquisition

Completed

Domestic

Synopsis

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Incline Equity Partners, a Pittsburgh-based private equity firm, completed the acquisition of Foundation Source, a provider of outsourced solutions includes foundation creation, administrative support, active compliance monitoring, philanthropic advisory, tax and legal expertise, and online foundation management tools. Financial terms were not disclosed. “As the industry’s only comprehensive support provider, the company has a compelling value proposition that leverages proprietary client-facing and back-end software along with foundation management expertise. There is substantial opportunity for future growth, including further penetration of the foundation market while entering new markets and adding expanded service capabilities,” Joseph Choorapuzha, Incline Partner.

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