Truelink Capital has agreed to acquire JT Thorpe Group, a provider of specialty maintenance services that keep industrial furnaces, boilers, and other high-heat equipment running, from H.I.G. Capital.
JT Thorpe installs, repairs, and maintains the heat-resistant materials and protective systems that line the inside of industrial equipment operating at extreme temperatures. Its core work is refractory services — the specialized brick, castable, and ceramic linings that allow furnaces, boilers,...
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