Exit Strategies Group Advises Teknikor on Strategic Investment by Rhino Tool House / Blue Sea Capital
Exit Strategies Group is pleased to announce the successful sale of Teknikor to Rhino Tool House, a portfolio company of Blue Sea Capital. Terms of the transaction were not disclosed.
Founded in 1966 and headquartered in Fall River, Massachusetts, Teknikor is a national provider of automated industrial equipment installation and modernization services. The company delivers a broad range of solutions including plant relocation, machinery installation, automation controls integration, custom machine design, refurbishing, precision alignment, maintenance services, and 24/7 emergency support.
Teknikor is one of the few providers in the United States capable of delivering turnkey equipment relocation, installation and start-up services from a single source and holds a leading position serving the wire and cable manufacturing industry. Over nearly six decades, the company has built a strong reputation for executing complex industrial projects safely, efficiently, and with deep technical expertise.
The transaction represents a strategic partnership designed to support Teknikor’s next phase of growth. Rhino provides value-added distribution, automation services, and customized material handling solutions to OEM customers nationwide. By combining Rhino’s national sales platform and customer relationships with Teknikor’s installation and automation controls capabilities, the platform can now support customers across a wider range of industrial production lines.
Teknikor’s owners will remain in their leadership roles and retain an ownership stake, partnering with Blue Sea Capital and Rhino Tool House to continue building the company.
Exit Strategies Group advised Teknikor throughout the transaction — preparing the business for market, positioning its unique capabilities, and managing a competitive process that attracted strong interest from strategic and financial investors. Blue Sea Capital and Rhino Tool House ultimately emerged as the right partner, offering both an attractive valuation and a shared strategic vision for the company.
“Exit Strategies Group did a tremendous job introducing buyers and guiding us through this process,” said Phil Pelletier, CEO of Teknikor. “Their M&A knowledge, industry experience, professionalism, and steady guidance helped us achieve a great outcome and find the right partner for the future of our company.”
This transaction reflects Exit Strategies Group’s mission of helping private business owners maximize value and achieve successful ownership succession outcomes. Since 2002, the firm has advised on more than 100 private company mergers and acquisitions across industrial services, trade contractors, automation distributors and system integrators, and specialty manufacturing support businesses.
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For information about Exit Strategies Group’s M&A advisory or business valuation services, please contact Al Statz at 707-781-8580 or alstatz@exitstrategiesgroup.com.
