La Porte Manufacturer Acquired
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As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowLa Porte-based Boss Industries LLC is under new ownership. The company, which manufactures rotary screw power take-off compressor systems for utilities and municipalities, has been acquired by Illinois-based private equity firm Wynnchurch Capital LLC.
Financial terms of the acquisition were not immediately disclosed. Todd Hudson, president of Boss Industries, says Wynnchurch has the resources and expertise to help take the company "into a new phase of expansion."
Chris O’Brien, managing partner at Wynnchurch, said in a news release Tuesday combining Boss’ product portfolio with Wynnchurch’s experience positions Boss for continued success.
"Boss has built a market-leading reputation that uniquely addresses its customer’s needs through innovative design, proven quality, and unmatched reliability," said Chris O’Brien, managing partner at Wynnchurch. "We are excited to partner with Todd and his team to build on the Company’s impressive track record of growth."
Wynnchurch did not state whether any jobs would be affected or if new jobs would be added.