Willkie represented Foundation Source in the transaction.
On January 28, Foundation Source, the nation's largest provider of comprehensive support services to private foundations, announced its acquisition by Incline Equity Partners. The partnership with Incline will position Foundation Source to expand its services, expertise, and online capabilities, fueling its long-term growth.
Based in Fairfield, Connecticut, Foundation Source is the nation's largest provider of comprehensive support services for private foundations, offering a complete outsourced solution including foundation creation, administrative support, active compliance monitoring, philanthropic advisory, tax and legal expertise, and online foundation management tools. Foundation Source provides services to more than 1,600 family, corporate, and professionally staffed foundations nationwide, working in partnership with wealth management firms, law firms, accounting firms, and family offices as well as directly with individuals and families.
Incline Equity Partners, headquartered in Pittsburgh, Pennsylvania, is a private equity firm investing in companies that are poised for growth across a variety of industry sectors, including manufacturing, distribution and business services companies.
The Willkie team was led by partner Sean Ewen, and included associates Jeffrey Daniel, Andrew Marmer, Chris Giusto, and law clerk Myia Williams.