Incline Equity Partners acquired Jon-Don Inc., which provides consumables and equipment for specialty contractors in the restoration, carpet/concrete cleaning and janitorial/sanitation end markets.
Trivest Partners LP made a non-control investment in Jon-Don through its Trivest Growth Investment Fund in 2017.
Audax Private Debt was the investor in mezzanine financing supporting Incline Equity's acquisition of Jon-Don.
Jon-Don and Trivest retained BlackArch Partners as financial adviser.