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Boyd

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uuid00032k3

Namestring
Boyd
Legal namestring
A. B. Boyd Co. (d/b/a Boyd Corporation)
Websiteurl
boydcorp.com
Company typeenum
Private
Founded yearint
1928
Descriptiontext

Boyd Corporation (A. B. Boyd Co.), founded in 1928 and headquartered in Boca Raton, Florida, is a global engineered materials manufacturer. Following the March 2026 sale of its Thermal business to Eaton for $9.5 billion, Boyd operates as a focused Engineered Materials business majority-owned by Goldman Sachs Alternatives. The company produces advanced bonding, adhesive, insulation, shielding, sealing, and interface solutions—spanning gaskets, O-rings, HMI graphics, thermal interface materials, graphite heat spreaders, medical wearables and biosensors, NVH solutions, and proprietary SOLIMIDE® foam—for OEM customers across medical, e-mobility, aerospace and defense, data center/cloud, consumer electronics, industrial technology, advanced transportation, and semiconductor markets.

Boyd operates 19 manufacturing sites across North America, Europe, and Asia-Pacific, supported by vertically integrated precision converting capabilities, cleanroom facilities (Class 100 to 100k), and certifications including ISO 13485:2016, IATF 16949, FDA 21 CFR Part 820, and ISO 10993. Named enterprise customers include NVIDIA, Google, Apple, BAE Systems, Boeing, Northrop Grumman, Gentex, Stoneridge, and PACCAR. The business model is direct enterprise sales with quote-based, multi-year supply contracts and qualification cycles measured in years for regulated medical, aerospace, and automotive end markets. Revenue is generated through a combination of custom proprietary material sales, precision converting/toll services, and OEM supply agreements, with a stated value proposition of being a low percentage of total end-product cost but high cost-to-switch supplier.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersPleasanton, United States
HQ citystring
Pleasanton
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices6 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
engineered materials, precision converting, medical adhesives, thermal interface materials, sealing and gaskets
Industry2 codes
1Automotive Thermal Insulation, Sealing & NVH for HVAC/Thermal Systems
CodeIMACALAJPrimaryYes
2Passenger Vehicle Safety Systems Manufacturing (ICE)
CodeIMACAAAOPrimaryNo
NAICS code2 codes
  • Custom Compounding of Purchased Resins325991
  • Navigational, Measuring, Electromedical, and Control Instruments Manufacturing33451
SIC code1 code
  • Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose3050
Product category
Engineered Materials
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model4 records
1Engineered Materials Products
TypeHardware Sales
Description

Sale of engineered material solutions including adhesives, seals, gaskets, thermal interface materials, NVH solutions, and medical device components. Products are sold directly to enterprise customers in high-innovation industries.

boydcorp.com
2Thermal Management Solutions (Prior to Eaton Sale)
TypeHardware Sales
Description

Sale of thermal management systems including liquid cooling, two-phase cooling, air cooling, and conduction cooling solutions for data centers, semiconductors, and industrial applications. This business was sold to Eaton in March 2026.

boydcorp.com
3Custom Manufacturing Services
TypeProfessional Services
Description

Precision converting, custom fabrication, and manufacturing services for complex multi-functional assemblies serving specific customer requirements.

boydcorp.com
4Medical Device Components
TypeHardware Sales
Description

Manufacture of medical-grade components including skin adhesives, biosensors, wound care materials, and disposable medical devices in ISO 13485 certified cleanroom facilities.

boydcorp.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
Pricing details1 tier
1Enterprise direct sales with custom quoting
ModelOtherBilling cadenceMulti-year contract
Notes

Pricing handled through account representatives via quote requests. No public pricing available on website.

boydcorp.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Boyd designs and manufactures engineered material solutions that seal, shield, protect, insulate, and interface across medical wearables, automotive, aerospace & defense, industrial, consumer, and advanced transportation markets. Following the March 2026 sale of its Thermal business to Eaton, Boyd continues as an independent Engineered Materials company supplying bonding and adhesive systems, gaskets and O-rings, environmental sealing, EMI/RFI shielding and thermal insulation, NVH/BSR reduction materials, thermal interface materials, graphite heat spreaders, ISO 13485-certified medical materials, and HMI/graphics components, produced through precision converting and cleanroom manufacturing at 19 global sites.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 5 million liquid cold plates delivered to hyperscalers
+3 more records
Product overview1 text field

Boyd offers two primary business portfolios: Engineered Materials and (formerly) Thermal Solutions. The Engineered Materials business provides sealing, shielding, insulating, and protection solutions including bonding/adhesive systems, gaskets, NVH materials, thermal interface materials, graphite heat spreaders, medical materials, and HMI/graphics. The Thermal Solutions (now Boyd Thermal, acquired by Eaton in March 2026) offered a comprehensive thermal management portfolio: liquid cooling systems with CDU products (ROL4000 2MW, ROL2300 2.3MW), two-phase cooling (heat pipes, vapor chambers, thermosiphons, immersion cooling), air cooling (chassis, heat exchangers, fans, heat sinks), conduction cooling (graphite spreaders), semiconductor sockets, thermal control units, liquid cold plates, chillers, pumped two-phase systems, and heat exchangers. The thermal portfolio targets AI data centers, high-performance computing, semiconductors, e-Mobility battery cooling, aerospace, and medical imaging. The engineered materials portfolio serves medical wearables, consumer electronics, automotive, aerospace/defense, and industrial technology markets.

Product and service10 records
1Bonding & Adhesive Systems
CategoryEngineered Adhesives
Description

Engineered adhesive solutions including tapes, optically clear adhesives (OCA), and attachment materials for bonding substrates in OEM assemblies across electronics, medical, and industrial applications.

2Insulation & Shielding
CategoryEngineered Insulation and EMI Shielding
Description

Thermal insulation and EMI/RFI shielding materials protecting components against extreme temperatures, acoustic energy, spark voltage, and electromagnetic interference in electronics, automotive, aerospace, and industrial applications.

3Protection & Sealing
CategoryEnvironmental Sealing and Protection
Description

Sealing and protection solutions for sensitive components against dust, debris, moisture, shock, and noise, vibration and harshness (NVH) across automotive, industrial, aerospace, and consumer electronics applications.

4Health & Safety (Medical Materials)
CategoryMedical-Grade Materials
Description

Medical-grade engineered materials manufactured in ISO 13485:2016- and FDA 21 CFR Part 820-registered cleanroom facilities for medical devices and healthcare applications, with ISO 10993-compliant skin-contact materials.

5Gaskets & O-Rings
CategoryElastomeric Sealing
Description

Elastomeric sealing solutions preventing leakage, excessive wear, and contaminant ingress between mating surfaces for OEMs across industrial, automotive, aerospace, and consumer applications.

6HMI & Graphics
CategoryHuman-Machine Interface and Graphics
Description

Human-machine interface (HMI) solutions including decorative graphics, labels, and brand identification used to define, decorate, and protect products in industrial, automotive, medical, and consumer settings.

7Thermal Interface Materials
CategoryThermal Interface Materials
Description

Engineered materials enabling thermal conductivity between heat-generating components and cooling solutions to improve heat dissipation for electronics, data center, and automotive OEMs.

8Graphite Heat Spreaders
CategoryThermal Management Materials
Description

High-efficiency thermal materials using natural or synthetic graphite with proprietary fabrication for horizontal heat conduction in high-performance electronics and data center applications.

9Medical Wearables & Biosensors
CategoryMedical Device Components
Description

Skin adhesive solutions and material science for continuous glucose monitors (CGM), transdermal patches, cardiac monitors, and biosensing technologies, manufactured in ISO 13485-certified cleanroom facilities for medical device OEMs.

10NVH Solutions
CategoryNoise and Vibration Damping
Description

Noise, vibration, and harshness (NVH) reduction materials including acoustic insulation, vibration damping, and buzz, squeak, and rattle (BSR) solutions for automotive, industrial, and consumer applications.

Scale indicator7 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
Strategic tierMajor DivestitureTypeStrategic or Co-development PartnerAnnounced on2026-03-12
Description

Eaton acquired Boyd's Thermal business for $9.5 billion in March 2026. The transaction positions Eaton to offer integrated grid-to-chip cooling and power management solutions for AI data centers. Boyd retained its Engineered Materials business as an independent company.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-10-27
Description

Boyd collaborated with NVIDIA to develop the Rack Emulator, a programmable thermal testing tool designed for NVIDIA GB200 NVL72 platforms. The partnership enables data centers to validate liquid cooling performance before connecting to actual equipment, accelerating deployment of Blackwell infrastructure.

Strategic tierCoreTypeOthers
Description

Boyd maintains strategic partnerships with global material suppliers to access the latest material innovations and ensure supply chain reliability for advanced engineered materials.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Diversified industrial manufacturer of engineered materials, sealing, thermal management, and motion/control technologies serving aerospace, automotive, and industrial OEMs. Comparable to Boyd in sealing and engineered materials at the OEM level, though Parker is far larger and broader in scope.

TypeBroad incumbent
Description

Global leader in industrial adhesives, sealants, and functional coatings serving automotive, electronics, packaging, and consumer markets. Overlaps with Boyd's bonding and adhesive systems and insulation/shielding product lines for OEM customers.

33M
TypeBroad incumbent
Description

Diversified industrial conglomerate with materials, adhesives, tapes, and thermal management solutions serving automotive, electronics, healthcare, and industrial customers. Overlaps with Boyd's engineered materials, EMI shielding, and adhesive products.

TypeDirect peer
Description

Specialty engineered materials manufacturer producing high-frequency laminates, elastomeric materials, and thermal management solutions for EV/HEV, aerospace, and clean energy markets. Direct peer to Boyd's engineered materials and EV battery sealing/NVH businesses.

TypeDirect peer
Description

Polymer engineering company producing engineered polymer solutions, sealing, anti-vibration, and protective coatings for automotive, aerospace, and industrial customers. Direct competitor in NVH, gaskets, and engineered sealing products.

TypeDirect peer
Description

Privately held advanced materials company producing expanded PTFE membranes, venting, sealing, and EMI shielding products for medical, automotive, aerospace, and electronics. Comparable to Boyd in engineered materials, medical, and sealing end markets.

TypeBroad incumbent
Description

Diversified manufacturer of engineered products including construction materials, Carlisle Interconnect Technologies, and industrial sealing solutions. Overlaps with Boyd in sealing, thermal, and engineered materials for transportation and industrial customers.

TypeBroad incumbent
Description

Specialty chemicals and materials company producing engineered polymers, adhesives, and electronic materials for automotive, electronics, healthcare, and industrial. Comparable to Boyd's advanced materials, adhesives, and engineered solutions portfolio.

TypeEmerging player
Description

Precision power and thermal management solutions provider for semiconductor, data center, and industrial customers. Partial overlap with Boyd's (formerly) thermal and liquid-cooling business that has now largely transferred to Eaton.

TypeOthers
Description

Engineered bearings and precision components manufacturer serving aerospace, defense, and industrial markets. Adjacent peer in the engineered components / aerospace & defense supply chain alongside Boyd's aerospace & defense sealing business.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers10 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment8 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile5 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles5 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries4 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance4 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A10 records

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Boyd

Engineered Materialsboydcorp.com

What Boyd does

Boyd Corporation (A. B. Boyd Co.), founded in 1928 and headquartered in Boca Raton, Florida, is a global engineered materials manufacturer. Following the March 2026 sale of its Thermal business to Eaton for $9.5 billion, Boyd operates as a focused Engineered Materials business majority-owned by Goldman Sachs Alternatives. The company produces advanced bonding, adhesive, insulation, shielding, sealing, and interface solutions—spanning gaskets, O-rings, HMI graphics, thermal interface materials, graphite heat spreaders, medical wearables and biosensors, NVH solutions, and proprietary SOLIMIDE® foam—for OEM customers across medical, e-mobility, aerospace and defense, data center/cloud, consumer electronics, industrial technology, advanced transportation, and semiconductor markets.

Boyd operates 19 manufacturing sites across North America, Europe, and Asia-Pacific, supported by vertically integrated precision converting capabilities, cleanroom facilities (Class 100 to 100k), and certifications including ISO 13485:2016, IATF 16949, FDA 21 CFR Part 820, and ISO 10993. Named enterprise customers include NVIDIA, Google, Apple, BAE Systems, Boeing, Northrop Grumman, Gentex, Stoneridge, and PACCAR. The business model is direct enterprise sales with quote-based, multi-year supply contracts and qualification cycles measured in years for regulated medical, aerospace, and automotive end markets. Revenue is generated through a combination of custom proprietary material sales, precision converting/toll services, and OEM supply agreements, with a stated value proposition of being a low percentage of total end-product cost but high cost-to-switch supplier.

Boyd firmographics

Firmographics
Name
Boyd
Legal name
A. B. Boyd Co. (d/b/a Boyd Corporation)
Website
https://boydcorp.com
Company type
Private
Founded year
1928
Operating status
Operating
Headcount range
5,001–10,000 employees
Ownership category
akta.pro rank

Boyd industry classification

Industry
Product category
Engineered Materials
NAICS
Custom Compounding of Purchased Resins (325991), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (33451)
SIC
Gaskets, Packg & Sealg Devices & Rubber & Plastics Hose (3050)
akta.pro primary industry
Automotive Thermal Insulation, Sealing & NVH for HVAC/Thermal Systems (IMACALAJ)
akta.pro secondary industry
Passenger Vehicle Safety Systems Manufacturing (ICE) (IMACAAAO)

Keywords

  • Engineered materials
  • Precision converting
  • Medical adhesives
  • Thermal interface materials
  • Sealing and gaskets

Where Boyd is headquartered

Location

Headquarters

HQ city
Pleasanton
HQ country
United States
HQ region
North America

Offices6 records

Markets served

Boyd business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Operations, Supply Chain, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

  1. Engineered Materials Products: Sale of engineered material solutions including adhesives, seals, gaskets, thermal interface materials, NVH solutions, and medical device components. Products are sold directly to enterprise customers in high-innovation industries.
  2. Thermal Management Solutions (Prior to Eaton Sale): Sale of thermal management systems including liquid cooling, two-phase cooling, air cooling, and conduction cooling solutions for data centers, semiconductors, and industrial applications. This business was sold to Eaton in March 2026.
  3. Custom Manufacturing Services: Precision converting, custom fabrication, and manufacturing services for complex multi-functional assemblies serving specific customer requirements.
  4. Medical Device Components: Manufacture of medical-grade components including skin adhesives, biosensors, wound care materials, and disposable medical devices in ISO 13485 certified cleanroom facilities.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractEnterprise direct sales with custom quoting

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Boyd product offering

Product offering

Core offering

Boyd designs and manufactures engineered material solutions that seal, shield, protect, insulate, and interface across medical wearables, automotive, aerospace & defense, industrial, consumer, and advanced transportation markets. Following the March 2026 sale of its Thermal business to Eaton, Boyd continues as an independent Engineered Materials company supplying bonding and adhesive systems, gaskets and O-rings, environmental sealing, EMI/RFI shielding and thermal insulation, NVH/BSR reduction materials, thermal interface materials, graphite heat spreaders, ISO 13485-certified medical materials, and HMI/graphics components, produced through precision converting and cleanroom manufacturing at 19 global sites.

Product overview

Boyd offers two primary business portfolios: Engineered Materials and (formerly) Thermal Solutions. The Engineered Materials business provides sealing, shielding, insulating, and protection solutions including bonding/adhesive systems, gaskets, NVH materials, thermal interface materials, graphite heat spreaders, medical materials, and HMI/graphics. The Thermal Solutions (now Boyd Thermal, acquired by Eaton in March 2026) offered a comprehensive thermal management portfolio: liquid cooling systems with CDU products (ROL4000 2MW, ROL2300 2.3MW), two-phase cooling (heat pipes, vapor chambers, thermosiphons, immersion cooling), air cooling (chassis, heat exchangers, fans, heat sinks), conduction cooling (graphite spreaders), semiconductor sockets, thermal control units, liquid cold plates, chillers, pumped two-phase systems, and heat exchangers. The thermal portfolio targets AI data centers, high-performance computing, semiconductors, e-Mobility battery cooling, aerospace, and medical imaging. The engineered materials portfolio serves medical wearables, consumer electronics, automotive, aerospace/defense, and industrial technology markets.

Differentiator

Problem solved

Functional benefit

Products and services

  • Bonding & Adhesive Systems Engineered adhesive solutions including tapes, optically clear adhesives (OCA), and attachment materials for bonding substrates in OEM assemblies across electronics, medical, and industrial applications.
  • Insulation & Shielding Thermal insulation and EMI/RFI shielding materials protecting components against extreme temperatures, acoustic energy, spark voltage, and electromagnetic interference in electronics, automotive, aerospace, and industrial applications.
  • Protection & Sealing Sealing and protection solutions for sensitive components against dust, debris, moisture, shock, and noise, vibration and harshness (NVH) across automotive, industrial, aerospace, and consumer electronics applications.
  • Health & Safety (Medical Materials) Medical-grade engineered materials manufactured in ISO 13485:2016- and FDA 21 CFR Part 820-registered cleanroom facilities for medical devices and healthcare applications, with ISO 10993-compliant skin-contact materials.
  • Gaskets & O-Rings Elastomeric sealing solutions preventing leakage, excessive wear, and contaminant ingress between mating surfaces for OEMs across industrial, automotive, aerospace, and consumer applications.
  • HMI & Graphics Human-machine interface (HMI) solutions including decorative graphics, labels, and brand identification used to define, decorate, and protect products in industrial, automotive, medical, and consumer settings.
  • Thermal Interface Materials Engineered materials enabling thermal conductivity between heat-generating components and cooling solutions to improve heat dissipation for electronics, data center, and automotive OEMs.
  • Graphite Heat Spreaders High-efficiency thermal materials using natural or synthetic graphite with proprietary fabrication for horizontal heat conduction in high-performance electronics and data center applications.
  • Medical Wearables & Biosensors Skin adhesive solutions and material science for continuous glucose monitors (CGM), transdermal patches, cardiac monitors, and biosensing technologies, manufactured in ISO 13485-certified cleanroom facilities for medical device OEMs.
  • NVH Solutions Noise, vibration, and harshness (NVH) reduction materials including acoustic insulation, vibration damping, and buzz, squeak, and rattle (BSR) solutions for automotive, industrial, and consumer applications.

Quantifiable outcome

  • 5 million liquid cold plates delivered to hyperscalers
  • +3 more outcomes

Companies that use Boyd

Customer profile

Named customers10 records

Segments8 records

Ideal customer profiles5 records

Boyd technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature8 records

Boyd partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered major divestiture and core.

  • Eaton Corporationmajor divestitureStrategic or Co-development Partner · 12 March 2026Eaton acquired Boyd's Thermal business for $9.5 billion in March 2026. The transaction positions Eaton to offer integrated grid-to-chip cooling and power management solutions for AI data centers. Boyd retained its Engineered Materials business as an independent company.
  • NVIDIAcoreStrategic or Co-development Partner · 27 October 2025Boyd collaborated with NVIDIA to develop the Rack Emulator, a programmable thermal testing tool designed for NVIDIA GB200 NVL72 platforms. The partnership enables data centers to validate liquid cooling performance before connecting to actual equipment, accelerating deployment of Blackwell infrastructure.
  • Global Material SupplierscoreOthersBoyd maintains strategic partnerships with global material suppliers to access the latest material innovations and ensure supply chain reliability for advanced engineered materials.

Scale indicators7 records

Recent moves7 records

Expansion highlights5 records

Boyd competitors and assessment

Company assessment

Broad incumbents

  • Parker Hannifin: Diversified industrial manufacturer of engineered materials, sealing, thermal management, and motion/control technologies serving aerospace, automotive, and industrial OEMs. Comparable to Boyd in sealing and engineered materials at the OEM level, though Parker is far larger and broader in scope.
  • Henkel: Global leader in industrial adhesives, sealants, and functional coatings serving automotive, electronics, packaging, and consumer markets. Overlaps with Boyd's bonding and adhesive systems and insulation/shielding product lines for OEM customers.
  • 3M: Diversified industrial conglomerate with materials, adhesives, tapes, and thermal management solutions serving automotive, electronics, healthcare, and industrial customers. Overlaps with Boyd's engineered materials, EMI shielding, and adhesive products.
  • Carlisle Companies: Diversified manufacturer of engineered products including construction materials, Carlisle Interconnect Technologies, and industrial sealing solutions. Overlaps with Boyd in sealing, thermal, and engineered materials for transportation and industrial customers.
  • DuPont: Specialty chemicals and materials company producing engineered polymers, adhesives, and electronic materials for automotive, electronics, healthcare, and industrial. Comparable to Boyd's advanced materials, adhesives, and engineered solutions portfolio.

Direct peers

  • Rogers Corporation: Specialty engineered materials manufacturer producing high-frequency laminates, elastomeric materials, and thermal management solutions for EV/HEV, aerospace, and clean energy markets. Direct peer to Boyd's engineered materials and EV battery sealing/NVH businesses.
  • Trelleborg: Polymer engineering company producing engineered polymer solutions, sealing, anti-vibration, and protective coatings for automotive, aerospace, and industrial customers. Direct competitor in NVH, gaskets, and engineered sealing products.
  • W. L. Gore & Associates: Privately held advanced materials company producing expanded PTFE membranes, venting, sealing, and EMI shielding products for medical, automotive, aerospace, and electronics. Comparable to Boyd in engineered materials, medical, and sealing end markets.

Emerging players

  • Advanced Energy Industries: Precision power and thermal management solutions provider for semiconductor, data center, and industrial customers. Partial overlap with Boyd's (formerly) thermal and liquid-cooling business that has now largely transferred to Eaton.

Others

  • RBC Bearings: Engineered bearings and precision components manufacturer serving aerospace, defense, and industrial markets. Adjacent peer in the engineered components / aerospace & defense supply chain alongside Boyd's aerospace & defense sealing business.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Boyd social profiles

Digital presence

Boyd compliance and trust

Trust signal

Compliance4 records

Boyd financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Boyd leadership team

Management profile

Number of profiles

Profiles5 records

Boyd subsidiaries and ownership

Company hierarchy

Subsidiaries4 records

Boyd funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Boyd M&A and investment

M&A and investment

M&A10 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Boyd

What does Boyd do?

Boyd designs and manufactures engineered material solutions that seal, shield, protect, insulate, and interface across medical wearables, automotive, aerospace & defense, industrial, consumer, and advanced transportation markets. Following the March 2026 sale of its Thermal business to Eaton, Boyd continues as an independent Engineered Materials company supplying bonding and adhesive systems, gaskets and O-rings, environmental sealing, EMI/RFI shielding and thermal insulation, NVH/BSR reduction materials, thermal interface materials, graphite heat spreaders, ISO 13485-certified medical materials, and HMI/graphics components, produced through precision converting and cleanroom manufacturing at 19 global sites.

Is Boyd a public or private company?

Boyd is a private company. It is classified as private equity controlled and is currently operating.

When was Boyd founded?

Boyd was founded in 1928. It employs 5,001 to 10,000 people.

Where is Boyd based?

Boyd is headquartered in Pleasanton, United States, in the North America region.

How does Boyd make money?

Four revenue lines are on record. Engineered Materials Products are the primary driver. The others are thermal Management Solutions (Prior to Eaton Sale), custom Manufacturing Services and medical Device Components.

Who are Boyd's main competitors?

Broad incumbents on record are Parker Hannifin, Henkel, 3M, Carlisle Companies and DuPont. Direct peers are Rogers Corporation, Trelleborg and W. L. Gore & Associates. Advanced Energy Industries is listed as an emerging player. RBC Bearings is listed as an others.

Does Boyd have an API?

No public API is recorded for Boyd.

What industry is Boyd in?

Boyd's product category is Engineered Materials. Its primary akta.pro industry code is IMACALAJ, Automotive Thermal Insulation, Sealing & NVH for HVAC/Thermal Systems, with a secondary code of IMACAAAO, Passenger Vehicle Safety Systems Manufacturing (ICE). Its NAICS code is 325991 and its SIC code is 3050.

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YahooEaton Q2 Earnings Call HighlightsEaton Corporation reported record second-quarter revenue of $8.5 billion, representing 21% growth, with adjusted EPS of $3.15 exceeding guidance by $0.10, driven by strong demand across its electrical and aerospace segments. The company raised its 2026 organic growth outlook to 11%-13% and adjusted EPS guidance to $13.40-$13.60, citing accelerating orders and expanding backlog. Electrical Americas led momentum with 18% organic sales growth including approximately 65% data center revenue growth, supported by acquisitions including Boyd, Fibrebond, and Ultra PCS strengthening its position in higher-growth infrastructure markets.Precedence ResearchData Center Cooling CDU Pumps Market Trends and InsightsThe global data center cooling CDU pumps market is projected to grow from USD 320 million in 2025 to USD 5,500.47 million by 2035, representing a compound annual growth rate of 32.90%, driven by increasing power density requirements of AI and high-performance computing clusters. Key product innovations include Panasonic's compact cooling pump providing 75% more flow, Schneider Electric's 2.5 MW MCDU-70 CDU, and Boyd Corp's 2 MW ROL4000 coolant distribution unit launched in 2025-2026. North America led the market with 39% share in 2025, while Asia-Pacific is expected to grow at the fastest CAGR of 19.8% through 2035.TracxnList of 14 Acquisitions by Boyd Corporation (Jul 2026)Boyd Corporation has made 14 acquisitions across 4 countries, with peak acquisition activity occurring in 2021 (5 acquisitions), followed by 2 acquisitions each in 2019 and 2018. The company's most recent acquisition occurred in July 2024, involving a designer and manufacturer of two-phase cooling systems for demanding computing, power conversion, and directed energy applications, which was acquired for an undisclosed amount.AInvestThe Boyd Exit Architect Joins the Board at TD SYNNEX - And It Signals More Than CredibilityTD SYNNEX appointed Douglas Britt, former CEO of Boyd Corporation who oversaw Boyd Thermal's $9.5 billion acquisition by Eaton in March 2026, to its board effective June 17, 2026. Britt brings thermal management, technology distribution, and EMS manufacturing expertise that aligns with TD SYNNEX's AI infrastructure expansion via its Hyve unit, with the appointment signaling potential M&A readiness to capture value at upstream chokepoints in the AI data center stack. TD SYNNEX reported strong performance with stock up 88.5% year-to-date, Q1 FY2026 revenue of $17.2 billion (up 18.1% YoY), and a low PEG ratio of 0.46 suggesting undervaluation.FortunebusinessinsightsCoolant Distribution Units Market Size, ShareThe global coolant distribution units market was valued at USD 2.24 billion in 2025 and is projected to grow to USD 7.38 billion by 2034, driven by accelerating AI infrastructure expansion and rising rack power densities in data centers. North America led the market with a 38.39% share in 2025, while tariffs, supply chain dependencies on specific geographies, and lack of standardized liquid cooling architectures present near-term challenges. Key players including Vertiv, Johnson Controls, LiquidStack, Carrier, and Boyd Corporation are actively launching high-capacity CDUs, forming GPU partnerships, and expanding manufacturing to address multi-megawatt AI deployment demand.BenzingaEaton Corp Q1 2026 Earnings Call: Complete Transcript - Eaton Corp (NYSE:ETN)Eaton Corp reported record Q1 2026 revenue of $7.5 billion and segment profit of $1.7 billion, raising its full-year organic growth outlook to a midpoint of 10% and adjusted EPS guidance to $13.28. The company completed acquisitions of Boyd Corporation (liquid cooling solutions) and Ultra PCT (aerospace), while forging strategic partnerships with Nvidia for AI factory infrastructure and Siemens Energy for on-site power solutions. Management highlighted record backlog levels with a book-to-bill ratio of 1.2, driven by data center orders up 240% year-over-year, though it noted temporary margin pressures in Electrical Americas from ramp-up costs and input inflation that are expected to recover through pricing actions and increased capacity utilization.BloombergGoldman-Backed Boyd Offers Loan at Deep Discount Post-Eaton DealBoyd Corporation, a Goldman Sachs-backed Florida-based producer of adhesive and insulation materials, is offering a $530 million loan at a discounted price of as low as 92 cents on the dollar following its acquisition of Eaton's business. The loan is being discussed at an interest rate of 4.5 percentage points above benchmark, reflecting weak investor demand in the leveraged loan market. Only one leveraged loan this year has priced below 92 cents, according to Bloomberg-compiled data.Business Wire BlogGentex Corporation Recognizes Boyd as Supplier of the Year for the Second Consecutive YearGentex Corporation awarded Boyd its Supplier of the Year recognition for the second consecutive year, reflecting Boyd's continued excellence in innovation, quality, and delivery throughout 2025. The award highlights the strength of the partnership between the companies, with both executives emphasizing the collaborative commitment to advancing automotive safety and vision technologies. This back-to-back recognition positions Boyd as a key supplier in Gentex's supply chain for next-generation intelligent mobility applications.Investing.comPowering AI: Barclays Names Top Data Center Cooling Stocks to Own By Investing.comBarclays analysts have identified data center cooling as a critical infrastructure segment as AI infrastructure spending from Western hyperscalers and AI labs is projected to exceed $1 trillion annually before peaking in 2028, more than $300 billion above current consensus estimates. The research highlights 10 companies actively expanding in the space through acquisitions, manufacturing investments, and new product offerings, including Eaton's acquisition of Boyd Thermal, Vertiv's $50 million Ohio facility expansion, and Trane Technologies' acquisitions of LiquidStack and Stellar Energy. Notable challenges include Super Micro Computer facing an independent investigation into an export-control indictment and a shareholder class action lawsuit, while Carrier Global reported Q4 2025 earnings and revenue that fell short of analyst expectations.openPR.comIn-Rack CDU for Data Center Research:CAGR of 11.7% during the forecast periodQYResearch published a market research report projecting the global In-Rack CDU for Data Center market to reach USD 2.24 billion by 2032, growing at a CAGR of 11.7% during the forecast period, with 2025 production reaching approximately 55,000 units at an average price of $14,500 per unit. The report identifies key manufacturers including Boyd, Vertiv, CoolIT Systems, Schneider Electric, and Delta Electronics, collectively holding approximately 41% market share by revenue in 2025. Market growth is attributed to rising AI rack density driving adoption of liquid cooling solutions, retrofit opportunities in existing data center fleets, and high-density colocation expansion.