Incline completed the acquisition of Foundation Source.

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.