October 18, 2023
CONCORD, NC – Rhino Innovation, a leading value-added distributor of intelligent fastening solutions,
customized material handling solutions and calibration services to OEMs, announced that it has acquired
BoMar Pneumatics, Inc. Based in Indianapolis, Indiana, BoMar has been providing innovative assembly
tool and material handling solutions to a diversified customer base since 1995. With the acquisition of
BoMar, Rhino Innovation expands its geographic footprint within central Indiana.
“The acquisition of BoMar strategically expands our presence in Indiana and increases our ability to serve
a critical base of innovative manufacturing customers,” says Dan Brooks, CEO of Rhino Innovation. “Our
national footprint gives us cross-industry knowledge from a vast community of manufacturing experts, and
this acquisition strengthens our ability to provide targeted local support to customers in the region.”
“We are very excited to join the Rhino Innovation team,” says BoMar founder Blair Brimmer. “The
partnership will allow us to continue supporting our valued customers, while expanding our capabilities
and product portfolio.”
Eric Hansen, Partner at Blue Sea Capital, added, “We are excited to welcome BoMar into the Rhino Innovation
platform. BoMar represents another critical addition to our geographic footprint and is the second
of many strategic acquisitions that will be completed during the years ahead.”
About Rhino Innovation
Rhino Innovation (www.rhinoinnovation.com) is a leading value-added distributor of intelligent fastening
solutions, customized material handling solutions and calibration services to OEMs across a wide range of
end markets. The Company provides superior services, local expertise and a high degree of responsiveness
to empower its customers to be more productive, build better quality products and maintain safe
environments for their employees. The Company is headquartered in Concord, North Carolina and employs
over 250 full-time employees across thirteen facilities. Rhino Innovation and Blue Sea Capital partnered
in 2023 and have subsequently completed two add-on acquisitions for the platform.
About Blue Sea Capital
Blue Sea Capital (www.blueseacapital.com) is a private equity firm based in West Palm Beach, Florida,
that invests in growth-oriented lower middle market companies with EBITDA of up to $30 million. The
firm has $1.4 billion in committed capital and invests across three industry verticals: aerospace & defense,
healthcare and industrial growth. Blue Sea Capital’s strategy is to partner with talented leaders and
differentiated companies, typically as the first or second institutional investor, and deliver strategic and
operational value-add that drives growth acceleration, industry outperformance and business
transformation.
Media contact:
Eric Hansen, Blue Sea Capital
561-655-8400 x 130
ehansen@blueseacapital.com