Thermogenics Acquires Hartford Boiler Repair Works

Thermogenics Acquires Yown's Boiler & Furnace Service

March 6, 2020

HVAC & Mechanical

Thermogenics Inc., an Ironbridge Equity Partners portfolio company, has acquired Yown's Boiler & Furnace Service, Inc., a Jacksonville, Florida-based full-service industrial boiler and burner service provider. The acquisition is an add-on to Thermogenics' platform intended to expand the company's presence in the U.S. Southeast and broaden its service and product offering for industrial, commercial and institutional customers.

Thermogenics Acquires High Desert Mechanical

August 22, 2024

HVAC & Mechanical

Thermogenics, a North American provider of boiler lifecycle solutions, has acquired High Desert Mechanical, an Apache Junction, Arizona-based boiler service company. The acquisition marks Thermogenics' first location in the Western United States and expands its service capabilities across industrial and commercial end markets including healthcare, mining, food & beverage and manufacturing.

Thermogenics Acquires Matt Marshall & Co.

May 8, 2024

HVAC & Mechanical

Thermogenics, a North American provider of boiler lifecycle solutions, has acquired Matt Marshall & Co., a 70-year-old boiler service company based in Greensboro, North Carolina. The acquisition expands Thermogenics' service capabilities in the US Southeast and introduces new presence in the mid-Atlantic while allowing Matt Marshall & Co. to continue operating under its existing name.

Audax Private Equity Acquires Thermogenics, Inc.

June 2, 2022

Manufacturing

Audax Private Equity has acquired Thermogenics, Inc., a North American designer, manufacturer and service provider of coil‑tube boilers, from Ironbridge Equity Partners and certain other minority investors. The transaction — the first investment by Audax's Origins Fund I — will support Thermogenics' growth initiatives and expansion of its boiler product and service offerings across Canada and the U.S.

Thermogenics Acquires Pyro Combustion & Controls

September 26, 2024

HVAC & Mechanical

Thermogenics, a North American boiler lifecycle solutions provider headquartered in Aurora, Ontario, has acquired Pyro Combustion & Controls Inc., a Las Vegas–based boiler service company. The transaction expands Thermogenics' U.S. Southwest footprint and adds local combustion, controls, piping and 24/7 service capabilities to its platform while Pyro will continue to operate under its current name.

Thermon Group Holdings Acquires Vapor Power International

January 15, 2024

Manufacturing

Thermon Group Holdings, Inc. (NYSE: THR) has acquired Vapor Power International, a provider of electric and gas-fired boilers and steam generators, from StonePointe LLC and members of Vapor Power's management. The acquisition (reported at approximately $110 million) expands Thermon's product portfolio into electric resistance, electrode and super critical coil tube boilers, supporting its electrification and decarbonization strategy.