Daily News: February 28, 2019

LBC Provides $28MM to Support Wynnchurch Acquisition of Boss


LBC Credit Partners provided $28 million in senior secured credit facilities to support the acquisition of Boss Industries by Wynnchurch Capital.

LBC served as sole lender for the senior secured credit facilities.

Headquartered in La Porte, IN, Boss Industries designs power take-off and engine driven rotary screw air technology, offering a full line of vehicle-integrated compressors as well as vapor recovery systems.

Founded in 1999 and headquartered just outside Chicago in Rosemont, IL, Wynnchurch Capital is a middle-market private equity investment firm. It partners with middle market companies in the United States and Canada that possess the potential for substantial growth and profit improvement.