Add-on Acquisition • Business Services

Therma Acquires Gilbert Mechanical Contractors

On June 8, 2020, Therma acquired business services company Gilbert Mechanical Contractors

Acquisition Context
  • This is Therma’s 4th transaction in the Business Services sector.
  • This is Therma’s 4th transaction in the United States.
  • This is Therma’s 1st transaction in Minnesota.

Explore All 10010 Add-on Acquisition Business Services Deals - Search the Database Free


M&A Deal Summary

Date June 8, 2020
Target Gilbert Mechanical Contractors
Sector Business Services
Buyer(s) Therma
Deal Type Add-on Acquisition

Target Company

Gilbert Mechanical Contractors

Edina, Minnesota, United States
Gilbert Mechanical Contractors LLC is a full-service mechanical, electrical, plumbing, controls, and fire protection services provider serving healthcare, commercial, and institutional markets. These core systems are vital for mission-critical facilities. Gilbert was founded in 1978 and is based in Edina, Minnesota.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyer Overview 1

Buyer

Therma

San Jose, California, United States

Category Company
Founded 1967
Sector Business Services
DESCRIPTION

Therma is a design-build specialty mechanical contractor that focuses on complex HVAC, high purity process piping and process controls for cleanrooms, laboratories and high-tech manufacturing facilities. Therma was founded in 1967 and is based in San Jose, California.


Deal Context for Buyer #
Overall 4 of 4
Sector: Business Services 4 of 4
Type: Add-on Acquisition 4 of 4
State: Minnesota 1 of 1
Country: United States 4 of 4
Year: 2020 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-09-03 VarcoMac Electrical Construction Co.

Odenton, Maryland, United States

VarcoMac Electrical Construction Co. is a full-service electrical services provider of general power and lighting, security, fire alarm, UPS, standalone power generation, and voice/data/telecom solutions serving the commercial, institutional and government markets. These core systems are vital for data centers, hospitals, biotech labs and other mission-critical facilities.

Buy -