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K&L Gates Advises Incline Equity Partners in Connection with Sale of Foundation Source

22 September 2023

Global law firm K&L Gates LLP provided counsel to Incline Equity Partners on the sale of Foundation Source, a leading provider of comprehensive back office functions and services for private foundations. The K&L Gates team that advised Incline was led by Pittsburgh private equity partners Chris Thel and Andrea Steiner, with assistance from Pittsburgh partners Ron Aulbach and Lauren Crossett, Charlotte associate Zach Singerman, and Pittsburgh associates Samantha Beatty and Alex LeBlanc, among others.

Thel remarked: “Andrea and I have enjoyed working with the Foundation Source team and we are proud to have had the opportunity to represent Incline in connection with this transaction.”

“The dedicated team at K&L Gates provided outstanding support and expertise throughout this transaction,” said Incline Partner Joe Choorapuzha. “We appreciated collaborating with advisors who understand the importance of responsive and thorough feedback, and K&L Gates’ ability to move quickly was instrumental in reaching our desired outcome.”

Headquartered in Pittsburgh, Pennsylvania, with an office in New York, Incline Equity Partners is a private equity firm focused on making investments in companies with enterprise values of $25 million to $750 million in the distribution, business services, and manufacturing sectors.

K&L Gates is a fully integrated global law firm with lawyers located across five continents. The firm represents leading multinational corporations, growth and middle-market companies, capital markets participants and entrepreneurs in every major industry group as well as public sector entities, educational institutions, philanthropic organizations and individuals.

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