Purchase of Air-O Fasteners marks LINC Systems’ sixth acquisition
CHICAGO, IL and BLOOMFIELD HILLS, MI — September 21, 2021 — Center Rock Capital Partners, LP (“Center Rock”) is pleased to announce that its industrial fastener and industrial packaging distribution platform, LINC Systems, LLC (“LINC”), has acquired Air-O Fasteners (“Air-O”), in a transaction that expands LINC’s presence in the Western U.S. Family owned and operated since 1978, Salt Lake City-based Air-O Fasteners is a distributor of fastening equipment and consumable products serving the construction and general industrial markets.
“Air-O has done an excellent job establishing itself as a market leader by offering a full-line of products, superior product knowledge, and technical service to its customers,” said Kelly Evans, CEO of LINC. “The acquisition of Air-O expands LINC into the rapidly growing Utah market and deepens LINC’s presence in the Western U.S.” Dave Mitchell, President of Air-O, added, “We’ve built a great team that shares LINC’s service-driven culture, and we are excited to join the LINC platform.”
Matt Conway, Principal at Center Rock added, “The acquisition of Air-O aligns with our ongoing growth strategy and further diversifies LINC’s customers and end markets. We are very proud of the management teams and excited about the continued momentum and outlook at LINC.”
About Air-O Fasteners
Air-O Fasteners is a distributor of fastening equipment and consumable products serving a broad range of industrial end markets. For more information, please visit http://airofasteners.com/.
About LINC Systems
LINC Systems is a leading national distributor of fastening and packaging solutions and industrial supplies serving a broad range of industrial end markets including pallet, furniture, housing, construction and general industrial. For more information, please visit www.lincsystems.com.
About Center Rock Capital Partners
Center Rock is a Midwest-based private equity firm focused on building leading industrial companies in the lower middle market. Center Rock seeks industrial manufacturing, industrial services and industrial distribution companies headquartered in North America, often with multinational operations and locations that serve both domestic and global markets. With substantial expertise working constructively with management teams to drive both operational and strategic improvement, Center Rock’s investment professionals have the flexibility and tools to invest in a broad array of transactions and build value in lower middle market industrial companies. For more information, please visit www.centerrockcp.com.
