Bostrom Seating, Inc.

Bostrom Seating, Inc. is the leading domestic manufacturer of suspension seating for use in heavy-duty truck cabs. Ben Jacobson originally acquired Bostrom Seating in partnership with management in 1985. Following a series of recapitalizations and the installation of a new management team, Jacobson Partners made an investment in 1990 in the form of subordinated debt with warrants. Jacobson Partners’ investment enabled Bostrom to restructure its bank debt and gave it necessary time to rationalize production, reduce staffing, improve inventory controls and divest a troubled subsidiary. Following this series of operational improvements, Jacobson Partners sold Bostrom to a strategic buyer, realizing a return of 2.5x its initial investment in 2.5 years.

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