Yown's Boiler Services has been acquired by Thermogenics
The shareholders of Yown's Boiler and Furnace Service, Inc. (Yown's) have sold the company to Thermogenics, Inc., an Ironbridge Equity Partners portfolio firm.
Yown's is a full-service boiler and industrial process burner company providing sales, service, installation, and repairs of boilers, pressure vessels, piping systems, and industrial combustion applications. The company is also a licensed contractor in both natural and propane gas applications.
Thermogenics is a leading North American manufacturer of coiled tube steam, hot water and thermal fluid boilers, and related equipment. Its product portfolio is primarily used within industrial, commercial, and institutional applications, serving a variety of end markets, including healthcare and hospitals, food and beverage, and pharmaceutical.
Oaklins’ team in Jacksonville acted as the lead advisor to the seller and the management of Yown's Boiler Services in the preparation of the sale process and due diligence, the approach and parallel negotiations with potential buyers, and assisted them until closing.
Talk to the deal team
Related deals
Perkbox has been acquired by Great Hill Partners
Molten Ventures has sold Perkbox to Great Hill Partners.
Learn moreArculus Cyber Security has been acquired by Bridewell
The shareholders of Arculus Cyber Security (Arculus) have sold the business to Bridewell. The deal will bolster Bridewell’s growing roster of accreditations as well as strengthen its public sector footprint, enabling the expansion of its end-to-end cyber security offering for clients across the globe.
Learn moreGlobal IT Group has joined forces with enthus Group
Global IT Group, an IT services company, and enthus Group GmbH, an IT solution provider operating in Germany, Austria and Switzerland, have joined forces. As a result, enthus Group will significantly expand its market position in Switzerland. The sellers of Global IT have reinvested in the buyer and will ensure that local management continues to run the company as part of the succession planning.
Learn more