Lower-middle-market investor Platte River Equity, officially known as PRV Management LP, sold Profile Products LLC for an undisclosed sum.
The buyer was private equity firm Incline Management LP, which does business as Incline Equity Partners.
Buffalo Grove, Ill.-based Profile Products offers erosion control, soil amendment and horticulture solutions, including hydraulic mulch, biotic soil, calcined clay and wood fiber horticulture growing substrate, for the private and civil construction, sports field, energy, mining, golf course and horticulture end markets. It was acquired by Platte River as part of an investor group in 2015.
Brown Gibbons Lang & Co. was the exclusive financial adviser to Profile Products, and Bartlit Beck LLP was legal counsel to Platte River.