Optimum Building Systems, LLC (“OBS” or “Optimum”), headquartered in Litchfield, New Hampshire, is a family-owned specialty construction contractor that services customers across northern New England. Optimum’s service offerings include large scale drywall, exterior cladding and waterproofing, and acoustical tile installation.
Landry & Sons Acoustics (“Landry”), headquartered in Lewiston, Maine, is a multi-generational family-owned company that provides acoustical tile installation services across the state of Maine. In accordance with Optimum’s strategic growth plan, Landry became an obvious target as an attractive acquisition. The addition of Landry nearly doubles Optimum’s acoustical tile division and adds an experienced group of technicians that enhances its presence in the state of Maine. Similarly, Landry found OBS an attractive partner not only for their complimentary synergies, but also the family culture that permeates both companies. It was important that key family members involved in the business remain with the company following the closing, along with all employees.
Carter Morse & Goodrich (“CMG”) was engaged to assist Optimum in its strategic acquisition of Landry, including advising on strategy, valuation, structure and the closing process.
“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.”
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