Pittsburgh-based private equity firm Incline Equity Partners’ portfolio company, LYNX Franchising has further expanded its commercial services brand offering through the acquisition of FRSTeam, which has its corporate headquarters in Hayward, California. FRSTeam focuses on disaster recovery, specializing in damage from smoke, fire, water and mold.
Based in Atlanta, LYNX is a multi-brand franchise platform with B2B services. The company provides commercial customers cleaning services, virtual and office space services and now restoration services.
“We are proud to provide a robust platform that supports the growing needs of our franchisees,” Incline Senior Partner Justin Bertram said, in a statement. “We are building the premier B2B services franchising platform to help small business owners and entrepreneurs successfully operate and grow their businesses. We will continue to add brands with consistent demand and attractive growth potential that can be fueled through our platform.”
Incline, which invests in manufacturing, distribution and business services companies, generally seeks growing companies with enterprise values of $25 million to $450 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.