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LINC Systems Acquires R.V. Evans Company

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https://www.mdm.com/articles/40742-linc-systems-acquires-rv-evans-company

Industrial fastener distributor LINC Systems, Westfield, Indiana, the industrial fastener and packaging distribution platform of Center Rock Capital Partners, LP, has acquired R.V. Evans Company, Decatur, Illinois, a leading distributor of fastening and packaging products.

RV Evans has been owned and operated by the Evans family for over 80 years and is currently led by Kelly Evans and TC Evans. RV Evans provides innovative fastening and packaging products, equipment and servicing solutions to customers in a broad range of industries including construction, housing, food & beverage, consumer products, automotive, agriculture and other general industrial end markets. The acquisition of RV Evans further diversifies LINC’s business across customers and end markets, as well as geographically with the combined businesses now serving customers in 30 US states. Kelly Evans and TC Evans will continue to lead RV Evans in their current roles within the company.

Kelly Evans, RV Evans’ president, commented, “On behalf of everyone at RV Evans, I am thrilled to partner with the LINC organization. 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.”

“Kelly and TC have built a great company with incredible resources and we are excited to join forces,” said Ted Azar, CEO of LINC Systems. “RV 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 RV Evans join the growing LINC platform,” added Mr. Azar.

Arun Laxmanan, Principal at Center Rock Capital Partners, commented, “RV Evans and LINC are a great combination that advances our strategic vision of building a leading, nationwide industrial fastener and packaging distribution platform. We are excited to work with the combined management teams to fuel the Companies’ continued growth through extraordinary service and expertise.”

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