Thermon Overview

MachineryCompany

Was Thermon formerly PE-backed?

Yes. Thermon was formerly owned by 3 private investors.

Where is Thermon headquartered?

Thermon is headquartered in Austin, Texas.

What is Thermon’s revenue?

Thermon disclosed revenue of 495M USD for 2024 and 441M USD for 2023.

How many employees does Thermon have?

Thermon has 1,416 employees.

What sector is Thermon in?

Thermon is a machinery company.

When was Thermon founded?

Thermon was founded in 1954.

Thermon

Thermon Group Holdings, Inc.

7171 Southwest Parkway, Building 300, Suite 200,
Austin, Texas 78735
United States,
(512) 690-0600
www.thermon.com

Thermon is a manufacturer of heat tracing equipment for petrochemical, oil and gas, engineering, and power end-markets. With operations in North America, Europe, Asia, and Australia, the company serves customers worldwide. Thermon was founded in 1954 and is based in Austin, Texas.


M&A Summary

Buy vs Sell

Year ≤ '20 '21 '22 '23 '24 '25 T
Buy (0.4/yr) # 1 - 1 - 1 - 3
vol $196M $196M
Sell (0.0/yr) # - - - - - - 0
  3

Top M&A Advisors

Financial Deals
Wells Fargo Securities
1
Fifth Third
1

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