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Snow Phipps sells sealing solutions company Boyd to Genstar

Apr 24, 2015 - The Deal Pipeline
Mergers and Acquisitions

Snow Phipps Group LLC has completed the sale of Boyd Corp. to Genstar Capital, according to announcements by the seller and buyer on April 16. Terms were not disclosed. Modesto, Calif.-based Boyd makes material-based energy management and environmental sealing solutions for large, multinational original equipment manufacturers.

End markets include the mobile computing, transportation, aerospace and medical sectors. The company is led by CEO Mitch Aiello. Snow Phipps bought LTI B...