Wynnchurch Capital Exits Boss Industries

ROSEMONT, Ill.--(BUSINESS WIRE)--Wynnchurch Capital, L.P. (“Wynnchurch”), a leading middle market private equity firm, is pleased to announce the sale of Boss Industries (“Boss” or the “Company”).

Headquartered in LaPorte, Indiana, Boss is a leader in power take-off and engine driven air technology, offering a full line of vehicle-integrated compressors, generators, spray coating applicators, and vapor recovery systems. The Company provides unmatched quality, design, dependability, and product support while being dedicated to customer satisfaction.

Paul Ciolino, Partner at Wynnchurch, stated, “Boss represented a unique opportunity to acquire a market leader with innovative products, unmatched dependability and first-rate customer service. Boss’ asset light manufacturing platform allowed the company to drive significant value and flexibility for customers.”

Mike MacKay, Principal at Wynnchurch, stated, “Since Wynnchurch’s acquisition of Boss, we have been proud to partner with Todd and his management to execute on the value creation plan we collectively identified at the start of our partnership. We are excited for Todd and his team as they continue to build on the Company’s impressive track record.”

“We appreciate all of Wynnchurch’s support to help us achieve our growth objectives and are excited to continue building upon this success as we look towards the next chapter of growth,” stated Todd Hudson, President and CEO of Boss.

Paul Hastings provided legal advice to Wynnchurch in connection with the transaction and D.A. Davidson and Deloitte Corporate Finance served as financial advisors.

About Boss Industries:

Founded in 1988 and headquartered in LaPorte, Indiana, Boss is a leader in power take-off and engine driven air technology, offering a full line of vehicle-integrated compressors, generators, spray coating applicators, and vapor recovery systems. Boss offers the most efficient and reliable products in the industry with innovations that allow for increased efficiency and productivity. Backed by 30 years of experience, Boss provides unmatched quality, integrity, and superior design for customers and has established itself as a leader in design, dependability, and product support while being dedicated to customer satisfaction. Boss is headquartered in La Porte, Indiana, where the Company maintains a state-of-the-art production and design facility.

About Wynnchurch Capital:

Wynnchurch Capital, L.P., headquartered in the Chicago suburb of Rosemont, Illinois, with an affiliate in Canada, was founded in 1999 and is a leading middle-market private equity investment firm. Wynnchurch’s strategy is to partner with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement. Wynnchurch manages a number of private equity funds with $9.2 billion of regulatory assets under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs, and restructurings. Recently, Wynnchurch acquired Principal Industries, a leading provider of LED components and engineered assemblies. Other recent investments include: ORS Nasco, North America’s largest pure wholesaler of industrial MRO supplies; Hydraulic Technologies, a market leader in high-pressure hydraulic tools; and Reagent, the #1 specialty distributor of hydrochloric acid in North America. For more information, please visit: http://www.wynnchurch.com or follow us on LinkedIn.