LINC Systems Continues to Expand its Platform with the Acquisition of BlackHawk Industrial Distribution, Inc.’s Dealer Services Business
CHICAGO, IL and BLOOMFIELD HILLS, MI — February 6, 2020 — Center Rock Capital Partners, LP ("Center Rock") is excited to announce that its industrial fastener and packaging distribution platform, LINC Systems, LLC ("LINC"), has acquired certain assets related to the Dealer Services Business of BlackHawk Industrial Distribution, Inc. ("Dealer Services"). Dealer Services is a distributor of fasteners and packing supplies serving lumberyards and construction dealers across the Midwest.
"The acquisition of Dealer Services deepens LINC’s position in several of our end markets and further expands our geographic footprint," said Ted Azar, CEO of LINC Systems. "We are excited to add the talented Dealer Services’ team to our organization and believe they will contribute significantly to the strong, steady growth in our business. We look forward to the opportunity to offer our technical expertise and value-added services to their current customers," added Mr. Azar.
Matt Conway, Principal at Center Rock Capital Partners, commented, "This is another great addition to the LINC platform, and we are pleased with our momentum with the recent acquisition of RV Evans and now Dealer Services. With each acquisition, LINC strengthens its team, increases its product and service offerings, and expands its geographical footprint. We are very excited about LINC’s future growth opportunities."
About Dealer Services
Dealer Services, a division of BlackHawk Industrial Distribution, specializes in the distribution of fasteners and packing supplies serving lumberyards and construction dealers across the Midwest.
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.