On January 31, 2019, Boss Industries, LLC (“Boss”), a portfolio company of Strait Lane Capital Partners, was acquired by Wynnchurch Capital. BB&T Capital Markets served as the exclusive financial advisor to Boss.
About the companies
Boss Industries, LLC
Boss Industries, LLC, headquartered in LaPorte, Indiana, is a leading supplier of highly-engineered, vehicle-mounted air compression and generator systems that power mission-critical tools & equipment for a variety of end markets. The Company is known for its premium product offering and expertise in rotary screw compression, supported by a dedicated, in-house engineering team. Since its founding in 1988, Boss has developed longstanding relationships with specialty vehicle OEMs, oil & gas distributors, and truck upfitters in North America.
Wynnchurch Capital, LLC, headquartered in the Chicago suburb of Rosemont, Illinois, with offices in California and 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 Capital manages a number of private equity funds with $2.2 billion of committed capital under management and specializes in recapitalizations, growth capital, management buyouts, corporate carve-outs and restructurings.
Strait Lane Capital Partners
Strait Lane Capital Partners, LLC (SLCP), based in Dallas, Texas, is a privately held investment firm focused on middle-market businesses. SLCP brings strategic insights and expertise including effective governance, operational excellence, vertical market depth, and extensive private and public client relationships.
Our focus and expertise across the entire aftermarket channel is a clear differentiator from other firms and enables us to identify opportunities and trends first.
Two-Tranche Senior Notes due 2024 and 2029
Axalta Coating Systems, Ltd.
Initial Public Offering
Syngin Technology, LLC
BB&T Capital Markets Serves As Exclusive Financial Advisor to Syngin Technology in its Majority Sale to Wallenius Wilhelmsen ASA
Advance Auto Parts
Revolving Credit Facility Participant
BB&T Capital Markets Serves As Exclusive Financial Advisor to The Penray Companies in Its Sale to PLZ Aeroscience
BB&T Capital Markets Serves As Exclusive Financial Advisor to TBC Corporation in Its Sale of SpeeDee Oil Change & Auto Service to Grease Monkey International
5.50% Senior Notes due 2026
5.00% Senior Notes due 2026
3.875% Senior Notes due 2024
O'Reilly Auto Parts
3.55% Senior Notes due 2026
1-800 Radiator & A/C/Driven Brands
BB&T Capital Markets Advises 1-800 Radiator & A/C in its Sale to Driven Brands
MSDP Group, LLC/Holley Performance Products Inc.
BB&T Capital Markets Serves as Financial Advisor to MSDP Group, a Portfolio Company of Z Capital Partners, in Its Sale to Lincolnshire Management
$300,000,000 3.35% Senior Notes due 2021
and $400,000,000 4.50% Senior Notes due 2025
Driven Performance Brands/Sentinel Capital Partners
BB&T Capital Markets Serves as Financial Advisor to Driven Performance Brands, a Portfolio Company of Dubin Clark & Company, in Its Sale to Sentinel Capital Partners
Arrowhead/The Riverside Company
BB&T Capital Markets serves as Financial Advisor to Arrowhead, a portfolio company of Pfingsten Partners, in its sale to The Riverside Company
Valvoline/Highlander Partners, L.P.
BB&T Capital Markets Serves as Exclusive Financial Advisor to Ashland Inc. in its Sale of Valvoline’s Car Care Products Assets to Highlander Partners, L.P.
Initial Public Offering
5.375% Senior Notes due 2024
BB&T Capital Markets is a division of BB&T Securities, LLC, a wholly owned nonbank subsidiary of BB&T Corporation and Member FINRA(opens in a new tab) / SIPC(opens in a new tab). Securities or insurance products and annuities sold, offered or recommended are not a deposit, not FDIC insured, not guaranteed by a bank, not guaranteed by any federal government agency and may go down in value. Corporate banking products are offered through Branch Banking & Trust Company. Read all disclosures.