Center Rock Capital Partners, which has offices in Bloomfield Hills and Chicago, has announced its industrial fastener and packaging distribution platform, Linc Systems in Indiana, has acquired R.V. Evans Co., an Illinois-based distributor of fastening and packaging products. Terms of the deal were not disclosed.
R.V. Evans has been owned and operated by the Evans family for more than 80 years and is currently led by Kelly Evans and T.C. Evans.
“Kelly and T.C. have built a great company with incredible resources, and we are excited to join forces,” says Ted Azar, CEO of Linc Systems. “R.V. Evans’ and Linc’s business models are highly complementary, and this combination will position our companies for future growth. Both organizations have a rich and respected history in this business and are committed to providing customers with exceptional service, selection, and product knowledge. We couldn’t be more excited to have R.V. Evans join the growing Linc platform.”
R.V. Evans provides fastening and packaging products, equipment, and servicing solutions to customers in industries including construction, housing, food and beverage, consumer products, automotive, agriculture, and other industrial end markets.
“On behalf of everyone at R.V. Evans, I am thrilled to partner with the Linc organization,” says Kelly Evans, president of R.V. Evans. “Linc has established itself as a leader in our industry by providing the highest levels of value-added customer service and expertise that is critical to its customers. We look forward to leveraging our combined expertise, product offering, and service capabilities to deepen our relationships with our customers and drive new opportunities for our employees.”
The acquisition diversifies Linc’s business across customers and end markets. The combined businesses serve customers in 30 states. Kelly Evans and T.C. Evans will continue to lead R.V. Evans in their current roles.
“R.V. Evans and Linc are a great combination that advances our strategic vision of building a leading, nationwide industrial fastener and packaging distribution platform,” says Arun Laxmanan, principal at Center Rock Capital Partners. “We are excited to work with the combined management teams to fuel the companies’ continued growth through extraordinary service and expertise.”
Linc serves industrial end markets including pallet, furniture, housing, construction, and general industrial.
