sale to Genstar Capital

sale to Genstar Capital


Baird served as the exclusive financial advisor to Boyd Corporation on this transaction.


Boyd Corporation (“Boyd”), a portfolio company of Snow Phipps Group, LLC (“Snow Phipps”), recently announced its sale to Genstar Capital (“Genstar”). Terms of the transaction were not disclosed.

Boyd is a leading designer and manufacturer of highly engineered, specialty material-based energy management and environmental sealing solutions for large, multinational original equipment manufacturers (OEMs) across various end markets, including the mobile computing, commercial and recreational vehicle, consumer and enterprise electronics, agriculture and construction equipment, aerospace and medical industries. Boyd is headquartered in Modesto, California.

Snow Phipps is a private equity firm focused on mid-market control investments. With $1.5 billion of assets under management, Snow Phipps targets companies primarily located in North America. The firm was co-founded by Ian Snow and Ogden Phipps in April 2005 and utilizes an Operating Partner strategy seeking to create long-term capital appreciation. Snow Phipps is based in New York, New York.

Genstar is a private equity firm that invests in leading middle-market companies. For over 20 years, Genstar has utilized deep industry knowledge and extensive executive networks to create value at its companies. Genstar partners with leading industry executives to accelerate growth and profitability at its portfolio companies. Through in-depth partnerships with management, Genstar provides value-added resources to help each portfolio company achieve its strategic goals. Genstar is based in San Francisco, California.

For additional information about this transaction, please contact:

Mike Lindemann +1 (414) 298-7408
Brian McDonagh +1 (704) 553-6611
Dave Wierman +1 (404) 264-2211
David Silver +44 20 766 782 16
Anthony Siu +86 21 618 209 80
Mike Barina +1 (414) 298-1885
sale to Genstar Capital
April 2015
Boyd Corporation
Target Location
North America
Acquiror Location
North America