Partnering with management to grow a leading
provider of highly engineered boiler efficiency and
cleaning systems, spare parts, and services
Clyde Industries is a leading designer and manufacturer of sootblowers, a critical component within recovery, power, and steam boilers that clean residue and deposits from the boiler walls and heat exchangers to prevent plugging during operation. Clyde Industries not only provides boiler efficiency solutions equipment, but a host of related services and aftermarket assistance to support customers’ operations. Clyde Industries is headquartered in Atlanta, GA with additional operations throughout North America, South America, Scandinavia, and Indonesia.
Transaction
Wynnchurch invested in Clyde Industries in November 2019.
Opportunity
Clyde represented an opportunity to acquire an innovative, leading designer and manufacturer of boiler efficiency solutions poised to benefit from resilient end market dynamics.
Strategy
Wynnchurch and management are driving organic growth by rolling additional services, continuing to introduce new products, and expanding into new geographies.