Leading Industrial Distributor Expands Footprint and Product Offering
CHICAGO, IL and BLOOMFIELD HILLS, MI — February 26, 2021 — Center Rock Capital Partners, LP (“Center Rock”) is pleased to announce LINC Systems, LLC (“LINC”), has completed the acquisition of FlexPAC’s Quad Cities (“Quad Cities”) operations. Quad Cities is a leading distributor of packaging, safety supplies and janitorial related products serving the manufacturing, logistics, food processing and other general industrial businesses. The acquisition of Quad Cities continues the expansion of LINC’s packaging business and will further strengthen LINC’s customer service capabilities in the surrounding areas.
“The highly experienced Quad Cities team in this territory provides us with additional resources as we continue to bring unique solutions and products to our customers to help them optimize their operations and profitability,” said Kelly Evans, CEO of LINC. “The acquisition is a great opportunity for us to expand both our product and service capabilities. We are excited to add their talented team to the LINC family.”
Matt Conway, Principal at Center Rock added, “Quad Cities represents the fifth add-on acquisition to the LINC platform and is very complementary to LINC’s core business. The acquisition of Quad Cities will further strengthen LINC’s position as a leading distributor of industrial fasteners and packaging in the US. We are excited about the continued momentum and outlook at LINC.”
About LINC Systems
LINC Systems is a leading distributor of fastening 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 multi-national 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.