Add-on Acquisition • Manufacturing

Boyd Acquires ThermaMasters

On January 14, 2021, Boyd acquired manufacturer ThermaMasters

Acquisition Context
  • This is Boyd’s 5th transaction in the Manufacturing sector.
  • This is Boyd’s 8th transaction in the United States.
  • This is Boyd’s 1st transaction in Alabama.

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M&A Deal Summary

Date January 14, 2021
Target ThermaMasters
Sector Manufacturing
Buyer(s) Boyd
Deal Type Add-on Acquisition

Target Company

ThermaMasters

Wetumpka, Alabama, United States
ThermaMasters is a thermal management company specializing in liquid cooling system components and vacuum brazing for industrial power markets in North America and Europe.
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Buyer Overview 1

Buyer

Boyd

Pleasanton, California, United States

Category Company
Founded 1996
Sector Manufacturing
DESCRIPTION

Boyd is a designer, manufacturer, marketer, and distributor of extruded, die-cut, and molded flexible rubber and plastic components and sealing systems for industrial applications. The business has a history of design and manufacturing innovation related to sealing systems and applications. Boyd was founded in 1996 and is based in Pleasanton, California.


Deal Context for Buyer #
Overall 8 of 12
Sector: Manufacturing 5 of 6
Type: Add-on Acquisition 6 of 10
State: Alabama 1 of 1
Country: United States 8 of 10
Year: 2021 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-07-24 Lytron

Woburn, Massachusetts, United States

Lytron, Inc. is a provider of custom liquid cooling solutions and designs and manufactures cold plates, chassis, chillers, cooling systems, and heat exchangers for some of the most demanding thermal management applications. Lytron, Inc. was founded in 1958 and is based in Woburn, Massachusetts.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 GMN

Seattle, Washington, United States

GMN is a manufacturer of nameplates, labels, die-cuts, front panel integration, printed electronics and biosensors, plastics, keypads, and more. GMN was founded in 1954 and is based in Seattle, Washington.

Buy -