CHICAGO, Nov. 2, 2017 /PRNewswire/ — Lincoln International (“Lincoln“), a leading global mid-market investment bank, is pleased to announce that Keystone Capital has sold Rocore Group (“Rocore” or the “Company”) to Triton. Terms of the transaction were not disclosed.

Rocore, headquartered in Indianapolis, Indiana, is a leading supplier of fabricated sub-assemblies used in heavy duty industrial radiators. Rocore supplies a wide variety of heat exchange solutions, products and services into heavy duty industrial end markets, including Power Generation, Petrochemical, Oil & Gas, Rail, On-Highway and Off-Highway. The Company maintains five operating facilities in the United States and one outside the U.S., plus multiple sales offices. With over one million heat exchangers manufactured, Rocore’s foundation is truly built around customer satisfaction through its service, product quality, capability and flexibility to meet customer needs.

Stuart Eden, President and CEO of Rocore, commented, “Lincoln’s understanding of Rocore’s value proposition and intimate knowledge of the heat exchanger space and buyer universe, coupled with its process execution focus enabled us to find the right partner to accelerate our growth.” David Greer, Managing Director at Keystone Capital, added, “Lincoln’s deep heat exchanger expertise and ability to manage an accelerated, aggressive process resulted in multiple, highly attractive options and ultimately a very successful outcome for the shareholders.”

Lincoln International acted as the exclusive investment banking representative for Keystone Capital and Rocore Group, working closely with the Company’s management team and shareholders throughout the sale process. This included providing advisory expertise and managing the preparatory, marketing, negotiation and due diligence phases of the transaction.

For more information on our Global Industrials Group Leadership Team, please visit http://www.lincolninternational.com/industries/industrials/.

About Lincoln International
Lincoln International specializes in merger and acquisition advisory services, debt advisory services, private capital raising and restructuring advice on mid-market transactions. Lincoln International also provides fairness opinions, valuations and joint ventures and partnering advisory services on a wide range of transaction sizes. With eighteen offices in the Americas, Asia and Europe, Lincoln International has strong local knowledge and contacts in key global economies. The firm provides clients with senior-level attention, in-depth industry expertise and integrated resources. By being focused and independent, Lincoln International serves its clients without conflicts of interest.

More information about Lincoln International can be obtained at www.lincolninternational.com

Media Contact: Heidi Becker
hbecker@lincolninternational.com
(312) 506-2739

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SOURCE Lincoln International LLC