M&A Deal Summary

Thermal Technology Distribution Solutions Acquires Applied Thermal Systems

On December 11, 2024, Thermal Technology Distribution Solutions acquired distribution company Applied Thermal Systems

Acquisition Highlights
  • This is Thermal Technology Distribution Solutions’ 3rd transaction in the Distribution sector.
  • This is Thermal Technology Distribution Solutions’ 5th transaction in the United States.
  • This is Thermal Technology Distribution Solutions’ 1st transaction in Minnesota.

M&A Deal Summary

Date 2024-12-11
Target Applied Thermal Systems
Sector Distribution
Buyer(s) Thermal Technology Distribution Solutions
Deal Type Add-on Acquisition

Target

Applied Thermal Systems

Brooklyn Park, Minnesota, United States
Applied Thermal Systems is a value-added distributor of electric heaters, controls, thermocouples, other related thermal management products, and engineering services to manufacturers. Applied Thermal Systems was founded in 1986 and is based in Brooklyn Park, Minnesota.

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Buyer(S) 1

Buyer

Thermal Technology Distribution Solutions

Cincinnati, Ohio, United States

Category Company
Sector Distribution
DESCRIPTION

Thermal Technology Distribution Solutions is a platform for the distribution of industrial temperature management and related products. Thermal Technology Distribution Solutions is based in Cincinnati, Ohio.


DEAL STATS #
Overall 5 of 5
Sector: Distribution M&A 3 of 3
Type: Add-on Acquisition M&A Deals 5 of 5
State: Minnesota M&A 1 of 1
Country: United States M&A 5 of 5
Year: 2024 M&A 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2024-06-17 Thermon

Austin, Texas, United States

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.

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