Incline Equity Partners Invests in ASP Global

Incline Equity Partners Invests in Advanced Solutions International

October 30, 2025

Software

Incline Equity Partners has made a private equity investment in Advanced Solutions International (ASI), a cloud engagement-management software provider serving associations, trade unions and nonprofit organizations. Incline will partner with ASI’s management team to support product expansion, innovation and continued growth of ASI’s iMIS and complementary cloud offerings.

Platinum Equity Acquires ASP Global

August 6, 2024

Healthcare Services

Platinum Equity has acquired ASP Global, an Atlanta-based developer, sourcer and distributor of consumable medical products for healthcare providers and distributors, from Incline Equity Partners. Financial terms were not disclosed; ASP Global CEO Doug Shaver will remain in place as Platinum Equity commits capital and M&A/operational resources to support the company’s continued growth and expansion.

Incline Equity Partners Invests in AquaPhoenix Scientific

August 10, 2021

Manufacturing

Pittsburgh-based private equity firm Incline Equity Partners has partnered with AquaPhoenix Scientific, a Hanover, Pennsylvania-based value-added distributor and private-label manufacturer of water treatment testing products and education kits. Incline intends to support AquaPhoenix’s growth and platform consolidation strategy by investing in technology and operational improvements to accelerate expansion and pursue add-on opportunities.

Goldman Sachs Asset Management (Petershill) Makes Minority Investment in Incline Equity Partners

April 22, 2021

Financial Services

Goldman Sachs Asset Management’s Petershill program made a passive, minority growth investment in Pittsburgh-based private equity firm Incline Equity Partners. Terms were not disclosed; Incline said it will use the capital to accelerate the evolution and growth of its platform focused on middle-market manufacturing, distribution and business services investments.

Incline Equity Partners Acquires Foundation Source

January 28, 2020

Professional Services

Pittsburgh-based private equity firm Incline Equity Partners acquired Foundation Source, the nation’s largest provider of outsourced support services for private foundations. The partnership will support Foundation Source’s growth plans, including deeper market penetration, expanded service capabilities, and enhancement of its online foundation management tools; financial terms were not disclosed.

Incline Equity Partners Recapitalizes Wholesale Supplies Plus

July 16, 2019

E-Commerce

Pittsburgh-based private equity firm Incline Equity Partners has partnered with management to recapitalize Wholesale Supplies Plus (WSP), a distributor of raw materials and supplies for soap, cosmetics and candle makers. The investment will support capacity expansion, new product introductions and pursue acquisitions to accelerate growth.