Hyde Park Capital Announces Sale Of Boyd Industries To Salt Creek Capital

Hyde Park Capital Announces Sale Of Boyd Industries To Salt Creek Capital

Tampa, Florida – December 10, 2012 – Hyde Park Capital Advisors, LLC (“Hyde Park Capital”) is pleased to announce the recently completed sale of Boyd Industries, Inc. (“Boyd”), a leading manufacturer of examination and operatory equipment for the dental and medical specialty markets, to private equity firm Salt Creek Capital. Headquartered in a 63,000 square ft., state-of-the-art manufacturing facility in Clearwater, Florida, Boyd offers a complete line of customized, high quality products including treatment chairs, specialty cabinetry, delivery units, sterilization centers, doctor and assistant seating, task lighting, gaming consoles, and assorted specialized accessories. Hyde Park Capital served as the investment banker and exclusive financial advisor to Boyd for this sale transaction.

“I am delighted to have the opportunity to acquire Boyd Industries,” said Adrian LaTrace, Executive Partner with Salt Creek Capital. “Finding and acquiring a company known for its strong brand reputation and high quality dental equipment products was made possible by the Salt Creek Capital team. Hyde Park managed an effective process and their expertise was instrumental in the completion of a successful transaction.” Bruce Livingston, “The sale process of any entity large or small requires a 100% commitment by all members of the team to effectively execute a transaction. Hyde Park Capital was truly a committed, professional partner from the beginning until the end of our transaction. Hyde Park Capital always kept our motivations and goals as the number one priority. As such, the team’s professionalism and experience drove value at every phase of the transaction.”

“We are pleased to have represented Boyd Industries, a successful family-owned company, and worked with Mr. Livingston on this very important transaction for Boyd shareholders,” said Keith Hodgdon, Senior Vice President with Hyde Park Capital. “Salt Creek Capital and their professionals represent an excellent fit with Boyd’s culture and values and Hyde Park Capital is delighted to have initiated this transaction and advised Boyd as their investment banker in the sale of the Company.”

About Boyd Industries

Founded more than 50 years ago, Boyd offers a full service, one-stop-shop for examination and operatory equipment to the orthodontic, oral surgery, pediatric dental, and other medical specialty markets. Boyd’s product line includes treatment chairs, doctor/assistant seating, specialty cabinetry, sterilization centers, task lighting, delivery units and various related accessories. All of Boyd’s products are customized and made-to-order, fitting the needs of the client and the unique architectural dimensions of the clients’ offices. More information is available at www.boydindustries.com.

About Salt Creek Capital

Salt Creek Capital is a San Francisco Bay area based private equity firm focused on making investments in profitable companies with $3M – $50M in revenue. Salt Creek Capital takes an opportunistic approach to investing in lower middle market companies and the firm has a strong track record of adding value by working with management teams to accelerate growth and improve the operating efficiency of its portfolio companies. More information is available at www.saltcreekcap.com.

About Hyde Park Capital

Hyde Park Capital is a middle-market investment banking firm specializing in mergers and acquisitions and capital raising for public and private companies. Our senior bankers have extensive investment banking experience executing merger & acquisition engagements, including purchase and sale of company assignments, recapitalizations, financial advisory, fairness opinions and raising growth capital and acquisition financing for companies, including equity, mezzanine and senior debt. Hyde Park Capital has broad experience across multiple industries and a specific focus on healthcare, technology, business and financial services. As one of the most active investment banking firms in Florida and the Southeast, our professionals have advised on more than 300 corporate investment banking transactions totaling more than $10 billion in transaction value. We are headquartered in Tampa, Florida and are a member of FINRA and SIPC. For additional information about Hyde Park Capital, visit www.hydeparkcapital.com.

Client Testimonials

"Hyde Park’s team guided us through the process, providing us with a number of high quality counter-parties, and supported us through the transaction structuring, negotiation and due diligence. We are very pleased with the outcome and excited for the future of DTS.”
Allen Ibaugh, Co-Founder and CEO of Data Transfer Solutions
“We enjoyed working with Hyde Park Capital and appreciated their M&A expertise in the technology services sector and their help on this important transaction.”
Chris Toepke, CEO of Trifecta
“We very much appreciated the assistance of Hyde Park Capital on this strategic acquisition for ITE. Their M&A experience was quite helpful to our team and the overall process and assured the deal was well executed and we got it closed on schedule.”
Scott Dols, CEO of Industrial Truck & Equipment, LLC
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