Noverra Acquires Thorpe Design

January 1, 2015

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.

Buyers
Noverra Group of Companies
Targets
Thorpe Design
Sellers
Jim Thorpe
Industry
Construction
Location
California, United States
Transaction Type
Buyout

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