D.A. Davidson Acts as Financial Advisor to Boss Industries in its Sale to Graycliff Partners

CHICAGO--(BUSINESS WIRE)--D.A. Davidson announced today that it served as financial advisor to Boss Industries, LLC (“Boss”), a portfolio company of Wynnchurch Capital, on its sale to Graycliff Partners. Headquartered in La Porte, Indiana, Boss is a leading provider of highly-engineered air and gas compression and power systems for vehicle mounted and adjacent applications.

Over its 35+ year history, Boss established itself as an industry leader in compression and power systems, offering premier solutions for municipal, utility, infrastructure, building products and rail end markets. Utilizing its compression technology expertise, Boss also offers systems serving natural gas compression and spray foam and coatings customers. Boss delivers mission-critical, high-performance solutions with a growing aftermarket portfolio to support its nationwide network of distributors.

“Boss has built an exceptional business,” stated Eric Stetler, Managing Director and Head of M&A at D.A. Davidson. “We greatly appreciated the opportunity to advise Boss and Wynnchurch through the sale process and are excited to see Boss’s continued success through its partnership with Graycliff.”

The transaction represents the ongoing success of D.A. Davidson’s Machinery & Equipment practice and highlights the continued momentum in D.A. Davidson’s Diversified Industrials Investment Banking Group. D.A. Davidson's Debt Advisory Group provided sell-side support through the sourcing of debt financing indications and capital markets intelligence.

“The Davidson team did an excellent job telling our story throughout the sale process,” stated Todd Hudson, Boss CEO. “We are thrilled to partner with Graycliff to continue providing high quality products and exceptional service to our customers.”

“We hired Davidson given their extensive industry and transaction experience related to Boss and they did a tremendous job from start to finish,” stated Mike MacKay, Principal at Wynnchurch Capital.

D.A. Davidson’s Investment Banking Division is a leading full-service investment bank that offers comprehensive financial advisory and capital markets expertise. The group has extensive transaction experience serving middle market clients worldwide across four industry verticals: consumer, diversified industrials, financial institutions and technology.

About D.A. Davidson

D.A. Davidson Companies is an employee-owned financial services firm offering a range of financial services and advice to individuals, corporations, institutions and municipalities nationwide. Founded in 1935 with corporate headquarters in Great Falls, Montana, and regional headquarters in Denver, Greater Los Angeles, New York, Omaha and Seattle, the company has approximately 1,600 employees and offices in 30 states.

Subsidiaries include: D.A. Davidson & Co., a full-service investment firm providing wealth management, investment banking, equity and fixed income capital markets services, and advice; Davidson Investment Advisors, a professional asset management firm; D.A. Davidson Trust Company, a trust and wealth management company; and Davidson Fixed Income Management, a registered investment advisor providing fixed income portfolio and advisory services.

For more information, visit dadavidson.com.