NEW YORK–(BUSINESS WIRE)–Graycliff Partners is pleased to announce its acquisition of Boss Industries, LLC. Boss is a leader in power take-off and engine driven air technology, offering a full line of vehicle-integrated air compressors, generators, spray coating applications, and vapor recovery systems.
Founded in 1988, Boss is a manufacturer of air compression technology, serving as an important supply chain partner to the vehicle upfitting and work-truck industry. Headquartered in La Porte, IN, Boss engineers and manufactures its products domestically, constantly innovating to meet customer needs to ensure uptime and efficiency in the field. The Boss product portfolio encompasses work-truck integrated air compression and power solutions, spray foam and specialty coating applications for the building products and infrastructure sectors, and vapor recovery units for the domestic energy and renewables industry.
Andrew Trigg, Managing Partner at Graycliff, commented, “Boss is a great industrial products business that clearly serves an important place in the market as a partner to some of the largest vehicle upfitters and fleet managers in North America. We are thrilled to partner with Todd and his team and be part of the impressive growth trajectory at Boss.”
Todd Hudson, President and CEO of Boss, added, “I’m excited about the prospects for Boss and the partnership with the team at Graycliff, who have been steadfast in their commitment to maintaining our culture of innovative engineering and customer-focused product development.”
“Todd has built a great business and we’re honored to partner with him and the talented management team at Boss to build on the continued success of the company,” said Will DeBruyn, Principal at Graycliff.
Graycliff and management plan to pursue organic and inorganic growth alongside new and existing customers, while pioneering new product development to meet existing and new market demands.
About Graycliff Partners LP
Graycliff Partners is an investment firm focused on making lower middle market investments, typically in manufacturing, business services and value-added distribution businesses. Through dedicated equity and credit funds, Graycliff provides capital for acquisitions, management buyouts, recapitalizations, growth and expansion. For more information about Graycliff Partners visit www.graycliffpartners.com.
