Private equity firm Center Rock Capital Partners LP announced that LINC Systems, its industrial fastener and packaging distribution platform, has acquired Salt Lake City-based Air-O Fasteners. Financial terms of the deal weren’t disclosed.
Family owned and operated since 1978, Air-O Fasteners is a distributor of fastening equipment and consumable products serving the construction and general industrial markets.
“Air-O has done an excellent job establishing itself as a market leader by offering a full-line of products, superior product knowledge, and technical service to its customers,” said LINC CEO Kelly Evans. “The acquisition of Air-O expands LINC into the rapidly growing Utah market and deepens LINC’s presence in the Western U.S.”
LINC Systems is a national distributor of fastening and packaging solutions and industrial supplies serving a broad range of industrial end markets including pallet, furniture, housing, construction and general industrial.
“The acquisition of Air-O aligns with our ongoing growth strategy and further diversifies LINC’s customers and end markets,” said Matt Conway, principal at Center Rock. “We are very proud of the management teams and excited about the continued momentum and outlook at LINC.”