J.T. Thorpe & Son, Inc., subsidiary of Terra Millennium Corporation, announced the acquisition of Thermal Solutions, Inc. and its affiliate, Structsure Scaffold Solutions, LLC. These companies provide industrial maintenance services across multiple sectors, including power, steel, and chemicals. The acquisition aims to expand JT Thorpe’s service offerings and national presence. Both companies share JT Thorpe’s commitment to safety, quality, and reliability. Structsure’s CEO, John Stevens, will join JT Thorpe in a senior leadership role, maintaining the company’s service standards under the new ownership. Terra Millennium Corporation is supported by H.I.G. Capital, which specializes in providing capital to small and mid-sized companies. The acquisition aligns with JT Thorpe’s long-standing strategy of delivering high-quality industrial maintenance services.

Industrial Maintenance, Private Equity,United States

https://www.globenewswire.com/news-release/2024/07/01/2906881/0/en/J-T-Thorpe-Son-Inc-continues-its-expansion-with-acquisition-of-Thermal-Solutions-Inc-Structsure-Scaffold-Solutions-LLC.html