Carter Morse & Goodrich (“CMG”) is pleased to announce that it served as the exclusive financial advisor to Optimum Building Systems, LLC (“Optimum” or “OBS”) on its acquisition of Landry & Sons Acoustics (“Landry”), a family-owned acoustical ceiling tile contractor. The terms of the deal, which closed on May 14, 2024, were not disclosed.
Optimum, headquartered in Litchfield, New Hampshire, is a family-owned specialty construction contractor that services customers across northern New England. Optimum’s service offering includes large scale drywall, exterior cladding and waterproofing, and acoustical tile installation. The acquisition of Landry nearly doubles Optimum’s acoustical tile division, adding an experienced group of acoustical technicians and deepening its presence throughout Maine.
Landry & Sons, headquartered in Lewiston, Maine, is a multi-generational family-owned company that has been in business for more than thirty-five years. Landry provides acoustical tile installation services across Maine. Most of the family members involved in the business will remain with the company following the closing, along with all employees.
“We are extremely excited to partner with the team at Landry and expand our presence in Maine. Landry has an excellent reputation earned over the last thirty-five years, and we are honored to continue that legacy.” Said Rene Theroux, co-founder and President of Optimum.
Don Dubuc, Treasurer of Landry & Sons continued “OBS is an excellent partner to continue the success of Landry and provides a great home for our employees. We too are excited about the future with OBS.”
John M. Sullivan and Daniel S. Rich of PretiFlaherty LLP provided legal counsel to Optimum. The Shawn K. Bell of The Bell Firm, P.A. provided legal counsel to Landry and Ouellette & Associates provided accounting and tax advice to Landry.
For additional information about Optimum, please visit http://www.obsnh.com.