Therma Holdings LLC Acquires Integrated Mechanical Systems

Accelerates Service Offering and Scale in Southern California

SAN JOSE, Calif.–(BUSINESS WIRE)–Therma Holdings LLC (“Therma”), a portfolio company of Gemspring
Capital, today announced that it has acquired the assets of Integrated
Mechanical Systems (“Integrated”), an Irwindale, Calif.-based provider
of mechanical design, fabrication, construction and maintenance services.

“Integrated Mechanical is an established company with a great reputation
among its customers in the Southern California market and is an
excellent fit with Therma’s growth strategy,” said Therma CEO Joe Parisi.

“Since launching our Southern California office in 2018, we have
received significant inbound interest on expanding our design-build
offerings including the opportunity to bid on larger-scale projects,”
said Don Bach, Therma VP / GM Southern California. “With the addition of
Integrated Mechanical Systems, we are now positioned to meet that
demand.”

Kevin Stiver, co-founder of Integrated Mechanical said, “We look forward
to joining the Therma family and building upon the work we’ve done over
the past 17 years to serve our customers, to propel new growth and to
provide new opportunities for our employees.”

Therma will begin immediately to combine Integrated Mechanical into its
existing Southern California operations, presenting a single face to
customers as Therma.

About Integrated Mechanical Systems

Integrated Mechanical Systems, founded in 2002, is a full-service
mechanical services provider offering engineering, installation and
maintenance for HVAC, plumbing and piping systems for commercial,
institutional, retail and light industrial facilities.

About Therma Holdings LLC

Therma Holdings LLC is a leading Bay Area mechanical services company
focused on designing, building, and servicing custom and complex
mechanical systems primarily related clean rooms, R&D, and manufacturing
facilities. Therma provides engineering, estimation, design, building
information modeling, energy modeling, design-build, specialty HVAC and
pipe fabrication, modular skid and process controls, pre-fabrication and
installation work for general contractors, construction managers and
owners in the technology, biopharmaceutical, data center, semiconductor
and other industries with complex mechanical requirements. For more
information, please visit www.therma.com.

About Gemspring Capital

Gemspring Capital, a Westport, Connecticut-based private equity firm
with $355 million of equity capital under management, focuses on making
control and structured equity investments in lower middle market
companies headquartered in the United States and Canada. Gemspring
partners with talented management teams and takes a hands-on approach to
driving revenue growth and value creation. For more information, please
visit www.gemspring.com.

Contacts

Therma Holdings LLC
Brooks Corcoran
bcorcoran@therma.com

error: Content is protected !!