Therma

San Jose, United States Founded: 1967 • Age: 59 yrs Acquired By Blackstone
HVAC contracting services are provided to commercial and industrial clients.
Annual revenue - Latest available
Total funding - Funding intelligence
Employees 1118 Tracked headcount
Investors 2 Known backers
Products 3 Services tracked
Competitors - Brand Intelligence

About Therma

Therma is a company based in San Jose (United States) founded in 1967 was acquired by Blackstone in November 2020. It operates as a Professional Services. The company has 1,118 employees as of December 31, 2021. Therma has completed 3 acquisitions, including Integrated Mechanical Systems, VarcoMac and Yearout Mechanical. Therma offers products and services including HVAC Maintenance, Plumbing Maintenance, and Building Automation Systems.

  • Headquarter San Jose, United States
  • Employees 1118 as on 31 Dec, 2021
  • Sectors
    Industrial Goods & Manufacturing
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Therma
Operational Areas
Industrial Goods & Manufacturing → Industrial Equipment & Machinery Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Latest Funding Round
    Not available
  • Investors
    Blackstone

    & 1 more

  • Employee Count
    1118

    as on Dec 31, 2021

  • Investments & Acquisitions
  • Acquired by
    Blackstone

    & 1 more

    (Nov 09, 2020)

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Products & Services of Therma

Therma offers a comprehensive portfolio of products and services, including HVAC Maintenance, Plumbing Maintenance, and Building Automation Systems.

Product name locked
Category locked
Primary

HVAC systems are maintained for optimal building performance.

Product name locked
Category locked
Locked

Plumbing systems are serviced for reliable operational efficiency.

Product name locked
Category locked
Locked

Automation systems are implemented for enhanced energy management.

People of Therma

Headcount 1000-5000
Employee Profiles 44
Employee Profiles
People
Pete Portesi
Project Executive
People
Kerry Coltun
VP, Process Systems & Industrial Controls
People
Joe Palermo
Project Executive Special Projects
People
Jay Cmiel
Senior Mechanical Engineer

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Funding Insights of Therma

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Detailed funding history for Therma

Round names, dates, amounts, investors, and valuation history require an active premium plan.

  • Round names and dates
  • Funding amounts
  • Participating investors
  • Valuation history

Verified entity values are shown only after access is granted.

Investors in Therma

Therma has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Blackstone and Gemspring Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Diversified investment management is provided across multiple asset classes.
Locked Locked Locked
Flexible capital solutions are provided to middle-market companies by Gemspring Capital.
Locked Locked Locked
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Investor details for Therma

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Therma

Therma has strategically engaged in corporate development activities, having acquired 3 companies. Notable acquisitions include Integrated Mechanical Systems, VarcoMac and Yearout Mechanical.

Investments
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Investment portfolio details for Therma

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Mechanical contracting for HVAC, piping, and process control is provided.
Locked Locked 2002 Locked
Repair services for HVAC products are provided nationwide.
Locked Locked 1978 Locked
Architectural, structural, and electrical design services are provided.
Locked Locked 1963 Locked
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Complete acquisition details for Therma

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  • Disclosed values
  • Domains and locations

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Financial Statements - Therma

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Detailed financials for Therma

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  • Profit trends
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Therma Comparisons

Therma Primary company
Description
HVAC contracting services are provided to commercial and ind...
Location
San Jose, United States
Founded Year
1967
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
1,118
As of 2021
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Peer comparison for Therma

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  • Headcount comparison
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Competitors of Therma

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Detailed competitors of Therma

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Latest news on Therma

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Complete news archive for Therma

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Frequently Asked Questions about Therma

Therma was founded in 1967.

Therma is headquartered in San Jose, United States. It is registered at San Jose, California, United States.

As of Dec 31, 2021, the latest employee count at Therma is 1,118.

Therma is engaged in delivering full-service mechanical, fabrication, and HVAC solutions across California. Services are provided to various industries including biotechnical, commercial, data centers, education, food processing, healthcare, industrial manufacturing, office buildings, and semiconductor plants. Comprehensive expertise is offered in HVAC maintenance, plumbing maintenance, building automation systems, energy services, and capital projects. Design, engineering, and estimating are also included in the portfolio of solutions for over 50 years.

Therma offers HVAC Maintenance, Plumbing Maintenance, and Building Automation Systems.

Therma has made 3 acquisitions, including Integrated Mechanical Systems, VarcoMac, and Yearout Mechanical.

Therma has 2 investors. Key investors include Blackstone, and Gemspring Capital.

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