Rutland commands a leading position in the North American screen-printing ink market, and boasts more than 1,100 active ink customers globally. The company’s customers and end-users range from global apparel leaders and large ink distributors to local print shops, all of whom appreciate the company’s focus on quality, innovation and customer service. Rutland was founded in 1962 and is based in Pineville, North Carolina.
“Rutland’s deeply loyal customers are a testament to the company’s premium products and strong technical support and customer service,” said Riverside Partner Tim Gosline. “The company serves dynamic and diverse customers, constantly innovating to create superior products and meet increasingly demanding requirements.”
In addition to its headquarters, Rutland has three other locations in North America, and international locations in the UK, Peru and India.
Riverside intends to grow Rutland and drive continued market share gains by capitalizing on the company’s broad product offering and proven product development and technical service capabilities, which will become more important as the screen-printing industry transitions towards newer, more environmentally friendly products. Rutland has many opportunities for international growth, both organically and through add-on acquisitions.
Working with Gosline on the transaction for Riverside were Vice President Ryan Richards, Vice President Martha Sciaraffo, Senior Associate Justina Wang, Associate Conner Harris, and Operating Partner David Gold. Origination Principal Scott Gilbertson sourced the opportunity and Partner Anne Hayes worked on financing the transaction for the firm.
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