Incline invests in manufacturer IAFD

Based in Cleveland, IAFD offers a turn-key service to gas turbine power plants nationwide.

  • Incline targets companies operating in the specialized light manufacturing, healthcare services, consumer durables, value-added distribution, retail, transportation and software sectors
  • Incline was founded in 2011 and is based in Pittsburgh

Incline Equity Partners has made an investment in Industrial Air Flow Dynamics, a provider of non-turbine maintenance solutions and replacement parts to power plants. No financial terms were dislcosed.

Based in Cleveland, IAFD offers a turn-key service to gas turbine power plants nationwide, including plant inspections, custom engineering support, installation field services as well as light manufacturing. The company specializes in designing and replacing non-turbine parts such as expansion joints, pipe penetration seals and duct liner replacement systems.

“Our partnership with IAFD presents an opportunity to back a best-in-class management team and a business that is well-positioned for growth,” said Victor Martinelli, managing director at Incline, in a statement. “It is clear that Ryan and the IAFD team have built a differentiated platform in an attractive, durable market. We look forward to supporting an acquisition strategy to supercharge the Company’s service capabilities and enter new geographies.”

Based in Pittsburgh, Incline seeks to invest in companies operating in the specialized light manufacturing, healthcare services, consumer durables, value-added distribution, retail, transportation and software sectors.

Incline was founded in 2011.