{"id":323553,"date":"2026-11-08T07:26:14","date_gmt":"2026-11-08T07:26:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-pa\/323553\/"},"modified":"2026-11-08T07:26:14","modified_gmt":"2026-11-08T07:26:14","slug":"incline-equity-sells-portfolio-company-after-quadrupling-its-revenue","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-pa\/323553\/","title":{"rendered":"Incline Equity sells portfolio company after quadrupling its revenue"},"content":{"rendered":"<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Pittsburgh\u2019s biggest private equity firm, <a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/organization\/incline-equity-partners\" rel=\"nofollow noopener\" target=\"_blank\">Incline Equity Partners<\/a>\u2060, has sold Edko, a portfolio company it has owned since June 2021 and grown fourfold.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">The buyer was L Squared Capital Partners of Newport Beach, California. Financial terms weren\u2019t disclosed.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Edko, founded in 1961 and based in Bossier City, Louisiana, is a provider of herbicide vegetation management services to help utility, pipeline, refinery and renewables customers maintain safety and reliability around critical infrastructure. The company\u2019s non-discretionary and recurring offerings can be tailored to job-site requirements, including herbicide application, light mechanical vegetation control, contract forestry and fire mitigation, often through its proprietary drone program.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\"><a href=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/11\/03\/incline-sells-edko.html?ana=wpxi\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" title=\"https:\/\/www.bizjournals.com\/pittsburgh\/news\/2026\/11\/03\/incline-sells-edko.html?ana=wpxi\">Click here to read more from our partners at the Pittsburgh Business Times.<\/a><\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Download the <a href=\"https:\/\/www.wpxi.com\/mobile-apps\/\" rel=\"nofollow noopener\" target=\"_blank\">FREE WPXI News app<\/a> for breaking news alerts.<\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph\">Follow Channel 11 News on <a href=\"https:\/\/www.facebook.com\/wpxi\" rel=\"nofollow noopener\" target=\"_blank\">Facebook<\/a> and <a href=\"https:\/\/twitter.com\/WPXI\" rel=\"nofollow noopener\" target=\"_blank\">Twitter<\/a>. | <a href=\"https:\/\/www.wpxi.com\/video\/\" rel=\"nofollow noopener\" target=\"_blank\">Watch WPXI NOW<\/a><\/p>\n<p>TOP STORIES FROM CHANNEL 11 NEWS <\/p>\n<p class=\"default__StyledText-sc-tl066j-0 gJuxXh body-paragraph body-copyright\">\u00a92026 Cox Media Group<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"Pittsburgh\u2019s biggest private equity firm, Incline Equity Partners\u2060, has sold Edko, a portfolio company it has owned since&hellip;\n","protected":false},"author":2,"featured_media":323554,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[60,5668,2307,131119,131121,73,75,74,131120,35199,80975],"class_list":["post-323553","post","type-post","status-publish","format-standard","has-post-thumbnail","category-pittsburgh","tag-business","tag-consumer","tag-equity","tag-incline-equity","tag-incline-equity-pittsburgh","tag-pittsburgh","tag-pittsburgh-headlines","tag-pittsburgh-news","tag-pittsburgh-private-equity-firm","tag-private-equity","tag-private-equity-firm"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/323553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/comments?post=323553"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/posts\/323553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media\/323554"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/media?parent=323553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/categories?post=323553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-pa\/wp-json\/wp\/v2\/tags?post=323553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}