Headquartered in Wheeling, IL, Fluence Automation was formed by Colfax Creek Capital and Rock River Capital Partners to acquire the mail and parcel sorting business unit of Bell and Howell.  The acquisition included the mail and parcel sorting systems / hardware and related software and service revenue associated with the hardware as well as assets that will be leveraged for growth opportunities in the material handling and e-Commerce fulfillment markets.

Midwest Mezzanine Funds partnered with Tecum Capital Partners on the investments of subordinated debt and equity to assist Colfax Creek Capital and Rock River Capital with the acquisition of the business unit.