Incline Sells Two, Gets Minority Investment from Goldman Sac

Incline Sells Two, Gets Minority Investment from Goldman Sachs Asset Management's Petershill Program - Smart Business Dealmakers


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By Adam Burroughs on April 29, 2021
Incline Equity Partners, a Pittsburgh-based private equity firm, has sold of AFC Industries, a provider of supply chain management services and vendor managed inventory programs to original equipment manufacturers.
Headquartered in Fairfield, OH, AFC distributes fasteners and other C-parts essential to assembly. The company also provides a wide array of value-added services, including kitting, packaging, assembly and other customization specific to its customers’ needs that reduce pain points and allow OEMs to focus on their core competencies.
Incline also sold Wholesale Supplies Plus, an e-commerce provider of ingredients and supplies to commercial artisans who create personal care, beauty and home fragrance products.

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