M&A Deal Summary

Team Acquires Thermal Solutions

On April 15, 2004, Team acquired business services company Thermal Solutions for 9M USD

Acquisition Highlights
  • This is Team’s 2nd transaction in the Business Services sector.
  • This is Team’s largest (disclosed) transaction.
  • This is Team’s 2nd transaction in the United States.
  • This is Team’s 1st transaction in Colorado.

M&A Deal Summary

Date 2004-04-15
Target Thermal Solutions
Sector Business Services
Buyer(s) Team
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

Thermal Solutions

Littleton, Colorado, United States
Thermal Solutions, Inc. is a provider of heat treating services.

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Buyer(S) 1

Buyer

Team

Sugar Land, Texas, United States

website


Category Company
Founded 1973
Sector Energy Services and Equipment
Employees5,400
Revenue 853M USD (2020)
DESCRIPTION

Team is an industrial services company offering an array of specialized services related to the construction, maintenance, and monitoring of pressurized piping and associated systems. Team was founded in 1973 and is based in Sugar Land, Texas.


DEAL STATS #
Overall 2 of 10
Sector (Business Services) 2 of 6
Type (Add-on Acquisition) 2 of 10
State (Colorado) 1 of 1
Country (United States) 2 of 8
Year (2004) 2 of 3
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-04-01 Team Industrial Services

Alvin, Texas, United States

Team Industrial Services, Inc. is a provider of specialty industrial services required in maintaining and installing high-temperature and high-pressure piping systems and vessels.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-11 Cooperheat-MQS

Houston, Texas, United States

Cooperheat-MQS, Inc. provides non-destructive testing inspection and field heat treating services throughout the United States

Buy -