Boyd Corp

In 1928, a small industrial fabricator opened its doors in the San Francisco Bay Area, laying the groundwork for what would become Boyd Corporation. For decades, the company built a reputation for creating essential components, evolving into a global leader in the highly specialized fields of thermal management and environmental sealing. These aren't household names, but they are critical technologies that prevent electronics from overheating and protect sensitive equipment from the elements, enabling everything from data centers and electric vehicles to advanced medical devices. The company's modern history is marked by strategic evolution through private equity ownership. After periods with firms like Stonebridge Partners, Genstar Capital acquired Boyd in 2015. This partnership accelerated Boyd's growth, leading to transformative acquisitions like that of thermal management leader Aavid Thermalloy in 2017. This move significantly expanded Boyd's technical capabilities and market reach. A major turning point came in 2018 when affiliates of Goldman Sachs acquired the company, seeing its potential as a critical technology partner for high-growth industries. Under new ownership, Boyd has continued its aggressive acquisition strategy, purchasing companies like GMN and the Durbin Group to enhance its expertise in areas like liquid cooling for AI processors and human-machine interfaces. Today, Boyd Corporation operates as a quiet giant, an essential and innovative force powering the technologies that shape our world.