Tracked deals
5
5 tracked deals across 2024-2026.
Operating Company
Industrial Services
Thermal Technology Distribution Solutions
Cincinnati, Ohio, United States
Cincinnati-based platform providing industrial temperature management products and related technical distribution—electric process heating, sensors, and controls—operating a roll-up of thermal product distributors.
- Focus Areas
- Value-added distribution, Industrial temperature management, Electric process heating
Recent pace
1
1 tracked deal announced in the last 12 months.
Deal mix
Addon
5 addon
Thermal Technology Distribution Solutions Acquisition Volume by Year
Last 2 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- Thermal Technology Distribution Solutions
- Target
- Thermal Products
- Industry
- Industrial Services
- Location
- New York, United States
- Type
- Addon
Thermal Technology Distribution Solutions (TTDS), a Gryphon Investors-established platform, acquired Thermal Products, a provider of engineered heat-transfer and process-equipment solutions. The acquisition adds complementary heat-transfer expertise to TTDS’s existing thermal-management capabilities and gives Thermal Products access to TTDS’s broader commercial reach and resources; terms were not disclosed.
-
December 11, 2024
- Buyer
- Thermal Technology Distribution Solutions (TTDS), Gryphon Investors
- Target
- Applied Thermal Systems, Inc.
- Seller
- Michael Roark
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Addon
Thermal Technology Distribution Solutions (TTDS), a Gryphon Investors–backed distribution platform, has acquired Applied Thermal Systems, a Minneapolis-area value-added distributor of electric heaters, controls, thermocouples and related engineering services. The add-on expands TTDS's footprint in the Upper Midwest and strengthens its product and technical capabilities; terms were not disclosed.
-
- Buyer
- Thermal Technology Distribution Solutions (TTDS), Gryphon Investors
- Target
- Thermal Devices
- Seller
- Rob Strayton / Strayton family (existing owners)
- Industry
- Industrial Services
- Location
- Maryland, United States
- Type
- Addon
Thermal Technology Distribution Solutions (TTDS), a distribution platform established by Gryphon Investors, has acquired Thermal Devices, a Mt. Airy, Maryland-based value-added distributor of electric heaters, controls, thermocouples and related products. The deal expands TTDS's footprint into the Mid-Atlantic and adds heat trace and engineering capabilities; Rob Strayton will remain with the company and retain a significant equity stake. Terms were not disclosed.
-
- Buyer
- Thermal Technology Distribution Solutions (TTDS), Gryphon Investors
- Target
- Southwest Heater and Controls
- Industry
- Industrial Services
- Location
- Texas, United States
- Type
- Addon
Thermal Technology Distribution Solutions (TTDS), a distribution platform established by Gryphon Investors, has acquired Southwest Heater and Controls (SWHC), a Dallas-based value-added distributor of industrial electric heaters, sensors, controls and technical support to manufacturers. SWHC's management, led by Chris and David Hawkins, will remain with the business and retain a significant equity stake; terms were not disclosed.
-
- Buyer
- Thermal Technology Distribution Solutions (TTDS), Gryphon Investors
- Target
- Proheat Inc.
- Industry
- Industrial Services
- Location
- Kentucky, United States
- Type
- Addon
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.
Related Acquisition Pages
Industrial Services Buyers & Acquisitions
5 tracked deals by Thermal Technology Distribution Solutions.
Acquisitions in Kentucky
1 tracked deal by Thermal Technology Distribution Solutions.
Acquisitions in Maryland
1 tracked deal by Thermal Technology Distribution Solutions.
Acquisitions in Minnesota
1 tracked deal by Thermal Technology Distribution Solutions.
Acquisitions in New York
1 tracked deal by Thermal Technology Distribution Solutions.
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