LBC Credit Partners Supports the Acquisition of Boss Industries, LLC

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Feb 27, 2019, 09:30 ET

PHILADELPHIA, Feb. 27, 2019 /PRNewswire/ -- LBC Credit Partners ("LBC"), a leading provider of financing solutions to middle market companies, provided $28.0 million in senior secured credit facilities to support the acquisition of Boss Industries, LLC ("Boss") by Wynnchurch Capital, LLC.

LBC served as Sole Lender for the senior secured credit facilities.

Boss Industries is a leader in power take-off (PTO) and engine driven rotary screw air technology, offering a full line of vehicle-integrated compressors as well as vapor recovery systems. Boss products are among the most efficient and reliable in the industry, with innovations that allow for increased efficiency and productivity. Backed by 30 years of experience, Boss provides unmatched quality, integrity, and superior design for customers and has established itself as a leader in design, dependability, and product support while being dedicated to customer satisfaction. Boss is headquartered in La Porte, Indiana, where the company maintains a state-of-the-art production and design facility.

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 Capital'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.

About LBC Credit Partners
LBC Credit Partners provides middle market and small-cap financing solutions supporting sponsored and non-sponsored transactions throughout the U.S. across a broad range of industries. With over $3 billion in capital commitments, we have provided in excess of $5.7 billion to over 216 issuers throughout our 14-year history.* LBC is headquartered in the Philadelphia area and has offices in Chicago, Los Angeles and New York. To learn more, please visit www.lbccredit.com.

*Information as of December 31, 2018

MEDIA CONTACT:
Lisa Rubano-Volansky
Tel 724-979-4293
Email: [email protected]

SOURCE LBC Credit Partners