Thermal Technology Distribution Solutions (TTDS) Acquires Proheat Inc.
January 23, 2024
Thermal Technology Distribution Solutions (TTDS), a distribution platform backed by Gryphon Investors, has acquired Proheat Inc., a La Grange, Kentucky-based distributor of industrial heaters, sensors, controls and technical support for manufacturers. Proheat's management, including President and CEO Steven W. Button, will remain with the company and retain a significant equity stake; terms were not disclosed.
- Buyers
- Thermal Technology Distribution Solutions (TTDS), Gryphon Investors
- Targets
- Proheat Inc.
- Platforms
- Thermal Technology Distribution Solutions (TTDS)
- Industry
- Industrial Services
- Location
- Kentucky, United States
- Transaction Type
- Addon
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