Boss Industries, LLC

BB&T Capital Markets Serves as Exclusive Financial Advisor to Boss Industries, LLC in its Sale to Wynnchurch Capital

Transaction summary

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.

Learn moreabout Boss Industries, LLC (opens in a new tab)

Wynnchurch Capital

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.

Learn moreabout Wynnchurch Capital (opens in a new tab)

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.

Learn moreabout Strait Lane Capital Partners (opens in a new tab)

Automotive Aftermarket

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.

Related transactions


BB&T Capital Markets Serves as the Exclusive Financial Advisor to AAMP in its Sale to The Halifax Group

AutoZone, Inc.

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

LKQ Corporation

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

AutoNation, Inc.

$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.

Fenix Parts

Initial Public Offering


5.375% Senior Notes due 2024


Follow-On Offering

BB&T Capital Markets is a division of BB&T Securities, LLC, member FINRA(opens in a new tab) / SIPC(opens in a new tab), and a wholly owned nonbank subsidiary of Truist Financial Corporation. 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. Read all disclosures

© 2019, Truist Financial Corporation. All rights reserved.