Red Iron Group Invests in EverLine Coatings and Services

Red Iron Group Invests in hiline Services

October 30, 2023

Professional Services

Red Iron Group, a Menlo Park-based private investment firm, made a significant growth investment in hiline Services, a Syracuse-based provider of financial operations-as-a-service. The capital will support hiline's organic growth, expand its hilineOS technology and enable strategic acquisitions while the company's co-founder and management team remain shareholders.

Quanta Services Acquires Evergreen North America Industrial Services from The Sterling Group

February 23, 2024

Industrial Services

Quanta Services has completed the acquisition of Evergreen North America Industrial Services from private equity firm The Sterling Group. Evergreen is a provider of specialized and recurring environmental and industrial services to downstream/midstream energy, industrial and chemical customers; the deal expands Quanta’s environmental and specialty infrastructure capabilities and geographic footprint across North America.

Affiliates of Paceline Equity Invest in Everflow Supplies

June 4, 2025

Building Products

Affiliates of Paceline Equity Partners have made a meaningful equity investment in Everflow Supplies, a national master distributor of plumbing, electrical, fire protection, and industrial products. The deal provides growth capital to accelerate Everflow's expansion and build on its distribution footprint; Everflow founder David Templer retains a meaningful stake and Andrew Pacifico was named CEO.

Roebling Capital Partners Leads Investment in SprayEZ

January 31, 2025

Manufacturing

Roebling Capital Partners has made a strategic growth investment in Spray Equipment and Coatings, Inc. ("SprayEZ"), with NewSpring Capital and Providence Investment Partners joining the transaction; founders Fred and Kibbee Akel remain key owners. The capital will fund nationwide expansion, a third location, an expanded aftermarket product line, and broader distribution of the proprietary ExpandoThane coating; Heritage Capital Group advised the sellers.

Red Iron Group Makes Strategic Investment in Charter Impact

November 4, 2024

Education

Red Iron Group, a Menlo Park-based private investment firm, has made a strategic growth investment in Charter Impact to provide long-term capital and operational support. The investment will help Charter Impact accelerate growth, broaden its technology-enabled services, and pursue potential strategic acquisitions while management (Co-CEOs Adam Kaeli and David Lueck) remain owners.

LINC Systems Acquires R.V. Evans Company

February 4, 2020

Industrial Services

LINC Systems, the industrial fastener and packaging distribution platform backed by Center Rock Capital Partners, has acquired R.V. Evans Company, a family-owned distributor based in Decatur, Illinois. The deal expands LINC's geographic footprint and product offering across industrial end markets; Kelly Evans and TC Evans will remain in their leadership roles.