Trivest Partners LP (“Trivest” or “Firm”), a leading private equity firm focused on the support and growth of founder-led and family-owned businesses, today announced that Trivest Growth Investment Fund (“TGIF”) has completed the sale of its portfolio company Jon-Don, LLC (“Jon-Don” or the “Company”) to Incline Equity Partners (“Incline”). Terms of the sale were not disclosed.
Jon-Don, headquartered in Roselle, IL, is a leading value-added distributor of consumable supplies and equipment to specialty contractors across the water and fire restoration, building service/janitorial, concrete surface preparation and polishing, carpet cleaning and safety markets. Since the Company’s founding in 1978 by John and Nick Paolella, Jon-Don has built a stellar reputation as a leading supplier to specialty contractors with a broad product offering and best-in-class technical expertise and customer service. Operating from a footprint of 16 facilities across the United States, Jon-Don serves as the one-stop solution for its growing customer base, touting the motto “Let’s Tackle Your Toughest Jobs.”