Gryphon Investors-Backed Thermal Technology Distribution Solutions Acquires Proheat, a Premier Distributor of Industrial Thermal Management Products
Acquiring Company
Thermal Technology Distribution Solutions (TTDS)
Acquired Company
Proheat
CincinnatiLa GrangeManufacturingAppliances, Electrical, and Electronics ManufacturingDescription
Thermal Technology Distribution Solutions (TTDS) has acquired Proheat Inc., a premier distributor of industrial thermal management products based in La Grange, KY. The terms of the transaction were not disclosed. Proheat's experienced management team, including President and CEO Steven W. Button, will remain with the company and maintain a significant equity stake, supporting TTDS's rapidly scaling platform.
Quick answer
Thermal Technology Distribution Solutions (TTDS) is acquiring Proheat, announced January 23, 2024. Thermal Technology Distribution Solutions (TTDS) is based in Cincinnati, Ohio, United States.
- How much did Thermal Technology Distribution Solutions (TTDS) pay for Proheat?
- The deal value was not disclosed.
- What does Thermal Technology Distribution Solutions (TTDS) do?
- Thermal Technology Distribution Solutions (TTDS) is a platform for the distribution of industrial temperature management and related products, including electric process heating, sensors, and controls.
- Where are Thermal Technology Distribution Solutions (TTDS) and Proheat based?
- Thermal Technology Distribution Solutions (TTDS) is based in Cincinnati, Ohio, United States. Proheat is based in La Grange, Kentucky, United States.
Source: Fundz verified event record.
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Who to call at Thermal Technology Distribution Solutions (TTDS), and when
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Frequently asked
Who acquired Proheat?
Proheat was acquired by Thermal Technology Distribution Solutions (TTDS), based in Cincinnati. The deal was reported on January 23, 2024. Thermal Technology Distribution Solutions (TTDS) is a platform for the distribution of industrial temperature management and related products, including electric process heating, sensors, and controls. Thermal Technology Distribution Solutions (TTDS) is privately held and operates in Manufacturing.
When did Thermal Technology Distribution Solutions (TTDS) acquire Proheat?
Thermal Technology Distribution Solutions (TTDS)'s acquisition of Proheat was reported on January 23, 2024. Thermal Technology Distribution Solutions (TTDS) has acquired Proheat Inc., a premier distributor of industrial thermal management products based in La Grange, KY. The terms of the transaction were not disclosed. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Proheat do?
Proheat Inc. is a distributor of heaters, sensors, controls, and comprehensive technical support to manufacturers. The experienced management team, including President and CEO Steven W. It is privately held, operating in Appliances, Electrical, and Electronics Manufacturing, and is based in La Grange.
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