Intrepid Investment Bankers, a leading middle-market investment bank, announced today that it acted as the buyside advisor to iWave, a portfolio company of Incline Equity Partners, on its merger with UC Innovation. The two companies, along with NonprofitOS, are joining forces under the new name, Kindsight. Headquartered in Charlottetown, PE, Canada, iWave is the industry’s top-rated donor intelligence solution, enabling nonprofit organizations to fundraise with confidence. Based in Irvine, CA, UC Innovation, through its ascend platform, provides the most comprehensive, end-to-end solution for fundraising and constituent engagement – natively built on the Salesforce platform for advancement and fundraising teams. Intrepid was retained by iWave to identify strategic acquisition candidates to further strengthen its portfolio of fundraising donor intelligence solutions.
“This marks the beginning of a new chapter in how nonprofit organizations leverage technology to advance their missions. It has the power to transform how they work, unlocking new dimensions of productivity, unleashing new creativity, and elevating their fundraising efforts to new levels.” said iWave CEO Craig O’Neill. “We were thrilled to work with Incline and iWave on this exciting new chapter for the company. The combination of iWave and UC Innovation creates a game changing platform in the fundraising intelligence space. We look forward to witnessing Kindsight’s continued success and growth under Incline’s stewardship over the coming years. This transaction demonstrates Intrepid’s strong credentials in the industry and ability to help private equity clients drive value within the portfolio.” said Steve Nelson, Managing Director, Head of Financial Sponsor Coverage at Intrepid.
Incline Equity Partners is a leading private equity firm dedicated to investing across the middle market in distribution, business services and manufacturing companies. Incline is generally seeking growing companies with enterprise values of $25 – $750 million. Incline’s typical investment types are ownership transitions for privately held businesses, buyouts and corporate divestitures within the U.S. and Canada.