TSCP Completes Equity Investment in Thermon Holdings, LLC
St. Louis, Mo. (April 30, 2010) – Thompson Street Capital Partners announced it has made an equity investment in Thermon Holdings LLC, a leading global manufacturer of heat tracing equipment based in San Marcos, Texas. The investment represents a partnership among Thompson Street Capital Partners, Code Hennessy & Simmons LLC, Crown Investment Series LLC, and Thermon’s senior management.
Thermon’s products are dedicated to the external heating of piping, vessels and instruments for the purposes of freeze protection, process temperature maintenance, environmental monitoring and surface snow and ice melting. Thermon offers a full suite of electric and steam heat tracing equipment for the petrochemical, oil and gas, engineering, and power industries.
About Thermon (www.thermon.com)
Thermon is a leading manufacturer of electric and steam heat tracing equipment serving diverse end-markets around the world including energy, chemical processing, and power generation. Thermon is located in San Marcos, Texas.