M&A Deal Summary

J.T. Thorpe Acquires ThorCan

On November 3, 2025, J.T. Thorpe acquired construction company ThorCan

Acquisition Highlights
  • This is J.T. Thorpe’s 1st transaction in the Construction sector.
  • This is J.T. Thorpe’s 1st transaction in Canada.
  • This is J.T. Thorpe’s 1st transaction in Ontario.

M&A Deal Summary

Date 2025-11-03
Target ThorCan
Sector Construction
Buyer(s) J.T. Thorpe
Deal Type Add-on Acquisition

Target

ThorCan

Sarnia, Ontario, Canada
ThorCan is an industrial services company that specialises in refractory engineering, materials supply, and installation, as well as demolition services. ThorCan was founded in 2003 and is based in Sarnia, Ontario.

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Buyer(S) 1

Buyer

J.T. Thorpe

Richmond, California, United States

Category Company
Founded 1906
Sector Business Services
DESCRIPTION

JT Thorpe is a nationwide industrial contractor with a strong reputation for safety, customer service, productivity, and problem solving. J.T. Thorpe was founded in 1906 and is based in Richmond, California.


DEAL STATS #
Overall 2 of 2
Sector: Construction M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
State: Ontario M&A 1 of 1
Country: Canada M&A 1 of 1
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2023-05-04 Reftech

Carnegie, Pennsylvania, United States

Reftech is a industrial services contractor specializing in refractory installation and repairs across several end markets, with a strong presence in steel and chemicals. Reftech was founded in 2013 and is based in Carnegie, Pennsylvania.

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