Center Rock's Industrial Distribution Platform Continues to be Acquisitive
CHICAGO, IL and BLOOMFIELD HILLS, MI — July 20, 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 Active Sales Company ("Active Sales"). Based in Santa Fe Springs, California, Active Sales is a leading distributor of industrial fastening products and industrial packaging supplies to customers throughout the Western United States.
Craig Russell, CEO and President of Active Sales, said, "On behalf of everyone at Active Sales, we are excited to begin our next chapter as part of the LINC organization. Together with LINC, we will be positioned to continue to offer a strong portfolio of brands, quick turn fulfillment, and most importantly, an unmatched commitment to customer service."
"Active Sales has been a reliable supplier of a full range of fasteners, fastening equipment, and packaging supplies to its customers for over 70 years. The acquisition of Active Sales is an important step in building a leading, nationwide industrial fastener and packaging distribution platform," said Ted Azar, CEO of LINC. Kelly Evans, President of LINC, added, "Like LINC, Active Sales is dedicated to providing customers with exceptional service, selection, and product knowledge. We look forward to working with Craig and his team as we continue to grow and gain market share."
"Despite the disruption in the economy, LINC continues to grow both organically and via acquisition," said Matt Conway, Principal of Center Rock. "With the acquisition of Active Sales, LINC is further diversified across customers and end markets, as well as geographically with the combined businesses now serving customers in 37 states. We are excited to support the combined management teams and their continued growth," added Matt Conway.
Mesirow Financial, Inc. served as exclusive financial advisor to Active Sales Company.
About Active Sales Company
Active Sales is a leading distributor of industrial fastening and packaging supplies used in a range of end markets including pallet, furniture, cabinetry, bedding, and general industrial.
For more information, please visit www.activesalesco.com .
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.
For more information, please visit www.centerrockcp.com .