Thermal Tech Acquires Illingworth Engineering Company

May 27, 2022

Thermal Tech, Inc., a central Florida commercial and industrial boiler services provider, has acquired Illingworth Engineering Company, a long-standing family-owned designer, seller and servicer of packaged boiler systems in north Florida and south Georgia. Heritage Capital Group served as exclusive financial advisor to Illingworth in the transaction, which completes a multi-generational family ownership transition.

Buyers
Thermal Tech, Inc.
Targets
Illingworth Engineering Company
Sellers
Michael Fletchall, Fletchall family
Location
Florida, United States
Transaction Type
Buyout

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