Gilbert Mechanical Joins Therma Holdings in Strategic Acquisition

Gilbert Mechanical Contractors, a leading mechanical services provider in the Minneapolis/St. Paul area, was acquired by Therma Holdings in June 2020, marking a significant milestone in the company's 42-year history. The acquisition was formally announced through a Business Wire release on June 8, 2020.

This strategic acquisition represents Therma's fourth add-on acquisition since being acquired by Gemspring Capital in June 2017, demonstrating Therma's commitment to expanding its mechanical contracting capabilities across key markets. The partnership positions Gilbert Mechanical to leverage Therma's extensive resources and expertise while maintaining its strong local presence in the Twin Cities market.

The acquisition aligns with Therma's strategy of building a national platform of leading mechanical contractors, bringing together best-in-class companies that share a commitment to quality, innovation, and customer service. For Gilbert Mechanical, this partnership provides access to enhanced resources, technology, and operational support while preserving the company's core values and local market expertise.

"This acquisition represents an exciting new chapter for Gilbert Mechanical," industry observers noted. The company will continue to operate under the Gilbert Mechanical name while benefiting from the broader capabilities and resources of the Therma Holdings platform.