Focus Strategies Secures Buyer for Flow Below Aero, Inc.
has been acquired by
Austin, December 17, 2019 – FlowBelow Aero Inc. (“FlowBelow”), a leading manufacturer of truck-mounted aerodynamic products, has been acquired by Barton Creek Equity Partners (“BCEP”). Focus Strategies Merchant Banking, LLC (“Focus Strategies”) served as the exclusive financial advisor to FlowBelow throughout the transaction, which closed on August 30, 2019.
Founded in 2009 by Josh Butler, Austin-based FlowBelow designs and manufactures highly engineered and patented aerodynamic products for Class 8 heavy trucks and trailers that increase fuel efficiency. Over the last ten years, the company has built a solid reputation and an impressive portfolio of patented, industry leading products setting them apart from its competitors and significantly reducing the industry’s carbon emissions.
BCEP is an Austin-based private equity firm founded by Ron Duncan and Michael Sayre. The firm invests in family-owned or closely held businesses that have a compelling differentiable offering and a leading share in the company’s segment.
“We are pleased to have had the opportunity to work with Josh and the very capable team on this transaction,” said Larry Hester, Managing Director at Focus Strategies. “Their cutting-edge products coupled with their expertise, vision and commitment to increase fuel efficiency is certainly both unique and impressive. Partnering with BCEP will allow FlowBelow the opportunity to continue to expand on its leading market position and we wish them well in their new partnership.”
“Focus Strategies’ experienced team understood our business and our industry, which proved to be instrumental in driving a successful outcome for us,” Josh Butler, President and CEO of Flow Below stated. “They were able to identify a partner that supports our passion and commitment to our brand and culture, and we look forward to building upon our success alongside the BCEP team.”
Tags: Company Sale