Platinum Equity-backed BlueCrest completed the acquisition of Fluence Automation from Tecum Capital.

Platinum Equity-backed BlueCrest, a mail and parcel insertion and sortation firm, completed the acquisition of Fluence Automation, a provider of innovative service and technology intended for mail sorting, from Tecum Capital, a multi-strategy investment firm. Financial terms were not disclosed. "The acquisition of Fluence Automation is a great example of BlueCrest executing on its strategy. 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," Dennis LeStrange, Bluecrest President and CEO.