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New Deal


Announced

Incline Equity Partners to acquire iWave from Sverica Capital Management.

Synopsis

Incline Equity Partners, a private equity firm, agreed to acquire iWave, a provider of a web research tool and fundraising services, from Sverica Capital Management, a growth oriented private equity firm. Financial terms were not disclosed. “We are incredibly impressed with the iWave platform and team. The company’s trusted brand and scalable solution differentiate them in the market and provide an excellent foundation for continued growth and innovation. We plan to make significant investments in iWave to better serve existing clients and accelerate the pace of new client wins. Additionally, we feel there is significant opportunity to expand into adjacent workstreams across the donor relationship lifecycle through strategic acquisitions," Joseph Choorapuzha, Incline Partner.

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