Announced
Completed
Synopsis
Incline Equity Partners, a Pittsburgh-based private equity firm, completed the acquisition of BFG Supply, a provider of third-party and proprietary branded products to professional growers, lawn & garden centers, from Parallel49 Equity, a private equity firm that invests in profitable, well-managed, lower middle-market companies in the United States and Canada. Financial terms were not disclosed. “With over 10k SKUs, BFG’s comprehensive product offering provides a differentiated, all-inclusive solution to the market. Additionally, BFG’s best-in-class ordering platform and market-leading customer service has led to recurring orders from longstanding customer relationships. We are excited to partner with the BFG management team to support the Company’s continued growth through geographic and product expansion as well as strategic add-on acquisitions,” Tom Ritchie, Incline Partner.
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