Construction Acquisitions in 2015

Showing 1 transactions.

  • Buyer
    Noverra Group of Companies
    Target
    Thorpe Design
    Seller
    Jim Thorpe
    Industry
    Construction
    Location
    California, United States
    Type
    Buyout

    Noverra Group of Companies acquired Thorpe Design, a Brentwood, California fire protection and sprinkler contractor, from founder Jim Thorpe in a deal that closed in late 2015. The transaction included fixed consideration, a vendor take-back loan to Jim Thorpe, and a leadership succession plan that placed the founder's son-in-law as company president with Noverra's support.

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