BlueCrest Buys Fluence Automation

Posted on December 8, 2021 by mailomg in memo 579 // 0 Comments

BlueCrest, the former Pitney Bowes DMT, has acquired Fluence Automation, formerly the sortation business of Bell and Howell. Fluence will become part of BlueCrest, and in the short-term will be referred to as Fluence Automation, A BlueCrest Company.

DANBURY, CT — BlueCrest, the former Pitney Bowes DMT, has acquired Fluence Automation, formerly the sortation business of Bell and Howell. Fluence will become part of BlueCrest, and in the short-term will be referred to as Fluence Automation, A BlueCrest Company.

“The acquisition of Fluence Automation is a great example of BlueCrest executing on its strategy,” said Dennis LeStrange, President and CEO of Bluecrest. “In the postal automation market, we will provide the broadest array of solutions and will be able to continue to grow in this space through product innovation both in the US and the international markets. Additionally, the combination of the companies’ parcel/eCommerce and Vote-by-Mail solutions will greatly expand our offering in these exciting growth markets.”

“This is a great opportunity for both Fluence and BlueCrest,” said Mike Swift, President of Fluence. “The combination of our solutions with BlueCrest’s resources further strengthens our position in sortation technology. Our market focus has been on offering transformative automation for organizations that process mail and parcels. BlueCrest’s breadth and scale further enhances the technology and support that we can provide for our customers.”

“We are excited about the prospects of bringing these companies together,” said Platinum Equity Managing Director Adam Cooper. “This complementary acquisition is a direct reflection of our continued support of BlueCrest’s long-term objectives by investing in growth organically and through strategic M&A. We will continue to pursue further opportunities that can help BlueCrest achieve its strategic plans faster.”

BlueCrest is headquartered out of Danbury, Connecticut. Fluence Automation will maintain its principal location in Arlington Heights, Illinois.

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