Page 4 - Jack Glover News Today : Breaking News, Live Updates & Top Stories | Vimarsana

× 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 ...

While terms of the deal were not disclosed, Incline said it’s a passive, minority investment. Joining with Goldman gives Incline, which says it has raised about $2.8 billion, access to Goldman’s much larger network of investors for future fundraising and finding new investors. “This transaction marks the next phase in Incline’s growth,” Jack Glover, managing partner of Incline, said in a statement. “With additional capital and a world-class partner, we look forward to accelerating the execution of our strategy, while continuing to develop the culture and team that have contributed...