Buyout (LBO, MBO, MBI) • Electrical Equipment

Druid Capital Partners Acquires Thermex-Thermatron

On November 23, 2020, private equity firm Druid Capital Partners acquired electrical equipment company Thermex-Thermatron

Acquisition Context
  • This is Druid Capital Partners’ 1st transaction in the Electrical Equipment sector.
  • This is Druid Capital Partners’ 2nd transaction in the United States.
  • This is Druid Capital Partners’ 1st transaction in Kentucky.

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M&A Deal Summary

Date November 23, 2020
Target Thermex-Thermatron
Sector Electrical Equipment
Buyer(s) Druid Capital Partners
Deal Type Buyout (LBO, MBO, MBI)

Target Company

Thermex-Thermatron

Louisville, Kentucky, United States
Thermex-Thermatron is a designer and manufacturer of high power RF and microwave heating equipment. Thermex-Thermatron was founded in 1939 and is based in Louisville, Kentucky.
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Buyer Overview 1

DESCRIPTION

Druid Capital Partners is a private investment firm focused on specialty manufacturing, distribution, and industrial services companies operating in the Southeastern US. Druid Capital is headquartered in Northport, Alabama.


Deal Context for Buyer #
Overall 2 of 3
Sector: Electrical Equipment 1 of 1
Type: Buyout (LBO, MBO, MBI) 2 of 3
State: Kentucky 1 of 1
Country: United States 2 of 3
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-31 Blastcrete Equipment

Anniston, Alabama, United States

Blastcrete Equipment is a manufacturer of mixers, pumps, sprayers, parts, and accessories for a variety of industries serving customers around the globe. Blastcrete Equipment was founded in 1950 and is based in Anniston, Alabama.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-03-02 Franklin Iron Works

Thorsby, Alabama, United States

Franklin Iron Works is a manufacturer of small, high-quality, ductile iron castings used across many industries including utilities, agriculture, heavy trucking, piping, valves, tooling, and construction. Franklin Iron Works was formed in 1975 and is based in Thorsby, Alabama.

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