SAN JOSE: Therma Holdings, a portfolio company of Gemspring Capital, has acquired Minneapolis, Minnesota-based Gilbert LLC.
Therma Holdings is a leading mechanical, electrical, plumbing and controls services company focused on designing, building, and servicing complex systems in mission-critical facilities. Gilbert is Therma’s fourth acquisition since partnering with Gemspring Capital.
Gilbert, founded in 1978, is a leading provider of mechanical, electrical, plumbing, controls and fire protection services, including a comprehensive solution set for commercial customers in healthcare and other end markets with critical facility uptime needs. Gilbert’s in-house engineering staff and service department offer design-build project delivery and ongoing preventative and emergency maintenance to serve the full lifecycle of their customers’ facilities.
“Gilbert is a terrific addition to the Therma family. Their full-suite of mechanical and electrical solutions in mission-critical environments is a great offering fit, and their design expertise and customer focus is a perfect cultural fit. We’re looking forward to partnering with the entire Gilbert team to continue to grow the business in the Twin Cities market,” said Therma CEO Jeff Sprau.