For Immediate Release: Charlotte, NC - Business Acquisition and Merger Associates (BAMA) is excited to announce DCPG LLC, an affiliate of Bluffton Motor Works, LLC, purchased substantially all of the assets of RAE Corporation, a manufacturer of permanent magnet motors, gear motors and controls.
David Nussear, President of Bluffton Motor Works, said, "The acquisition of RAE brings new capabilities and an expanded footprint to our current market. We're excited about the opportunities this transaction brings."
This is the third transaction where BAMA acted as an advisor to Bluffton Motor Works by sourcing the acquisition and negotiating key aspects of the transaction. Financial terms are not disclosed.
Business Acquisition & Merger Associates, a Charlotte, NC advisory firm, assists business owners in growth recapitalizations, business transfers to financial or strategic buyers, and management buyouts. BAMA also helps companies grow by providing buy-side sourcing services that identify potential add-on acquisitions to expand their geographic footprint or add strategic products and capabilities.
Bluffton Motor Works, headquartered in Bluffton, IN, manufactures custom-engineered motors for a variety of OEM applications. They are recognized for their high quality, state-of-the-art solutions and continual pursuit of customer satisfaction.
RAE Corporation, out of McHenry, IL, is a quality provider of motion control products used in a variety of industries including machinery, industrial equipment, testing instruments, among others. RAE is a manufacturer dedicated to stringent quality assurance, committed customer service and strong engineering capabilities.