ThreeBridge Solutions Acquires BlueLine Associates

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November 07, 2018 08:30 AM Eastern Standard Time MINNEAPOLIS (BUSINESS WIRE) – ThreeBridge Solutions, a strategic provider of business and IT consulting solutions, announced this morning that they have reached an agreement to acquire BlueLine Associates, a national people, process, and technology transformation consultancy headquartered in Tampa, Florida. This acquisition deepens ThreeBridge’s Business Transformation solution, adding key competencies in Continuous Improvement as a Service, Rapid Cycle Improvement, Robotic Process Automation, and Lean Management Systems. “We are very excited to be joining forces with BlueLine. Rocky and his team have built an amazing reputation for simplifying and accelerating complex process improvement initiatives to drive real value for their clients, and we are thrilled to extend that same capability to ThreeBridge clients,” states Jim Kelly, ThreeBridge Founder and CEO. With the addition of BlueLine’s Business Transformation expertise, ThreeBridge will be better-enabled to bring end-to end Business Transformation capabilities to their clients nationwide by developing holistic, forward-thinking strategies across their core solutions. “This is a very exciting day for our organization, and I am beyond thrilled to combine our collective expertise. It’s a rare thing to have two organizations so similarly aligned in our corporate value with absolute dedication to our clients, employees, and communities,” states Rocky Silvestri, BlueLine President and CEO. “We are thrilled to have Rocky and his team join ThreeBridge. BlueLine will be a great addition to the ThreeBridge platform and will bring exciting new solution capabilities as well as several new markets.” Paul Schilpp, RFE Investment Partners, Managing Director ThreeBridge Solutions is a national provider of Talent, Training, and Advice within their core solutions: Business Transformation, Cloud Enablement, Digital, and Smart Data. This acquisition significantly expands their Business Transformation capabilities, integrating strategy with execution to accelerate the delivery of value for their clients. Nationally, ThreeBridge has over 500 consultants across 90 clients, and is growing rapidly through building new capabilities and expanding geographies. For more information regarding this acquisition, please contact ThreeBridge Public Relations at [email protected] Contacts RFE Investment Partners Paul Schilpp, 203-966-2800 [email protected] ThreeBridge Solutions Ashley Adams, 612-424-2401 [email protected] DECADES OF RECOGNIZING GROWTH OPPORTUNITIES RFE is a seasoned team of business owners who partner with entrepreneurial management teams seeking to grow their businesses in the lower middle market. RFE has over three decades of recognizing growth opportunities, and our approach is simple: find good companies and help them reach their true potential. RFE PURSUES GROWTH STRATEGIES IN NORTH AMERICAN SMALL MARKET COMPANIES. We make control investments in businesses with initial enterprise values of $20 million to $150 million. The RFE team then works collaboratively with management to identify actionable channels of growth, both organically and through add-on acquisitions. Management will also have access to a network of operations and human capital resources that are available to support the team throughout the investment lifecycle. THE FOUNDATION OF OUR SUCCESS IS THE QUALITY OF OUR TEAM AND THE ENDURING RELATIONSHIPS WE FORM. RFE's Managing Directors have worked together an average of 21 years and average 26 years of private equity experience. RFE Investment Partners 36 Grove St New Canaan, CT, 06840 (203) 966-2800