Whayne Supply Company, founded in 1913, is the oldest and one of the largest Caterpillar, Inc. ("Cat") dealerships in the U.S.  Headquartered in Louisville, Kentucky, the company operates fifteen facilities in Kentucky and Indiana. Within its operating area, it is the dealer for CAT, Reedrill, Trail King, Thomas Built Buses, Challenger, Lexion, Sullair, Allmand, and other lines of industrial, mining, paving, and agricultural equipment. Whayne has over 1,300 employees.

Boyd Company, LLC, is an acquisition company created for this transaction. It is controlled by Monty L. Boyd, President and CEO of Whayne Supply Company. Mr. Boyd has worked at Whayne for over twenty-four years and has been President and CEO since 2005.