Newtex Industries Acquires Thermostatic Industries, Inc.

NIBE Industrier AB Acquires Therm-x of California, Inc.

November 1, 2019

Manufacturing

NIBE Industrier AB, a publicly traded global heating-technology company, has acquired Therm-x of California, Inc., a vertically integrated manufacturer of temperature sensors, industrial heaters and process control systems. The acquisition strengthens NIBE Element's thermal sensing capabilities, expands its footprint in Silicon Valley and Vietnam, and broadens end-market exposure in semiconductors and other thermal-sensitive industries.

Thermex-Thermatron Systems Acquires JTE Machines

January 19, 2021

Manufacturing

Thermex-Thermatron Systems has acquired Jacksonville, Florida-based JTE Machines to strengthen its position in radio frequency (RF) and microwave (MW) industrial equipment. The acquisition brings JTE's engineering, automation and sealing-machine capabilities and several members of the JTE team (including founders Jens and Traci Evling) into Thermex to expand product and service offerings across fabric, belting and medical-product markets.

Druid Capital Partners Acquires Thermex-Thermatron

July 1, 2023

Manufacturing

Druid Capital Partners has completed the acquisition of Thermex-Thermatron, a long-established manufacturer of high-power industrial RF and microwave heating systems, partnering with Thermex management led by President/CEO Ray Lund. The transaction provides liquidity to existing shareholders and positions Thermex to pursue growth opportunities while continuing to serve global customers across automotive, medical and packaging markets.

Specialty Products and Insulation Acquires Thermaxx, LLC

July 22, 2021

Industrial Services

Specialty Products and Insulation (SPI), a portfolio company of Dunes Point Capital (DPC), has acquired Thermaxx, LLC, a West Haven, Connecticut-based designer, manufacturer and installer of removable insulation covers. Thermaxx's patented energy-savings sensors and mechanical insulation asset management system will expand SPI's insulation product and service capabilities across commercial and industrial facilities in the United States.

Therma Holdings Acquires Integrated Mechanical Systems

February 25, 2019

Industrial Services

Therma Holdings LLC, a portfolio company of Gemspring Capital, has acquired the assets of Integrated Mechanical Systems, an Irwindale, California-based provider of mechanical design, fabrication, construction and maintenance services. The acquisition is intended to accelerate Therma's service offering and scale in Southern California by combining Integrated Mechanical into Therma's existing Southern California operations.

Alliance Environmental Group Acquires Thermatech Northwest Inc.

October 13, 2021

Environmental Services

Alliance Environmental Group, LLC has acquired Thermatech Northwest Inc. to expand its environmental remediation and abatement footprint onto the West Coast. The acquisition gives Alliance a presence in Washington (greater Seattle / Tacoma area) and adds Thermatech's hazardous waste removal, asbestos abatement and related services to Alliance's portfolio.