GTCR Acquires Foundation Source from Incline Equity Partners
September 13, 2023
GTCR, a Chicago-based private equity firm, has acquired Foundation Source, the nation’s largest provider of foundation management services, from Incline Equity Partners. GTCR is partnering with wealth-technology veteran Joseph Mrak III as CEO and has committed capital to invest in technology enhancements, acquisitions and organic growth to expand Foundation Source’s product offerings and channel partnerships.
- Buyers
- GTCR
- Targets
- Foundation Source
- Sellers
- Incline Equity Partners
- Industry
- Wealth Management
- Location
- Connecticut, United States
- Transaction Type
- Buyout
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