November 10, 2021 – Blue River Financial Group has advised Optimation Technology, Rochester, NY based provider of design and build services, a portfolio company of Austin, TX based Owner Resource Group, on its recent sale to Re:Build Manufacturing. The acquisition significantly expands and adds capabilities to Re:Build Manufacturing’s Total Production Solutions group.
Established in 1985 by Bill Pollock (President and CEO), Optimation Technology provides complete engineering, design, fabrication, and installation of processing equipment and factory automation for a variety of industries. Optimation’s core competency is the design of large-scale automation and complete plants across a broad set of industries, with expertise in chemical process design, web processing, material handling, assembly, and filling processes.
Re:Build Manufacturing is an industrial manufacturing group that integrates new technologies into conventional manufacturing businesses to provide high value manufacturing for customers. The group is focused on revitalizing America’s manufacturing base and creating meaningful, sustainable jobs in areas that have been deindustrialized over the past 20-30 years.
Bryan Berent, Blue River’s Managing Partner said “While we had offers from a number of excellent suitors, it was clear from the start that the fit and synergies between Optimation and Re:Build Manufacturing were visibly greater. We also appreciated the way both parties conducted themselves during an accelerated due diligence period which demonstrated a strong cultural fit as well. We have no doubt that this marriage will produce great results for shareholders, customers and employees.”
“We are excited and honored to be joining Re:Build Manufacturing and their growing group of US based manufacturing companies whose vision complements our own but in a radically expanded way.” Bill Pollock, President and CEO of Optimation.
“Optimation is a key addition to our Total Production Solutions team, rapidly scaling our capabilities to design and build advanced manufacturing processes and equipment to service our customers in many industries.” said Chad Clawson, President of Re:Build Manufacturing Total Production Solutions group.
About Blue River
Blue River Financial Group is a middle market merger and acquisition advisory firm headquartered in Bloomfield Hills, Michigan. It assists corporations, private equity groups and individuals in the sale and acquisition of businesses, and has completed assignments in multiple business segments. With over 19 years of experience spanning across 50 global industries, Blue River provides a suite of services to middle market clients including corporate development, private equity support, valuations and transaction consulting, placing a premium on relationship-centered transaction counsel and client focus.
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