JT Thorpe Group
Have updates for this profile? Please contribute data
= Subscriber Access Only
You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.
With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.
JT Thorpe Group - overview
Established
1987
Location
Salt Lake City, UT, US
Primary Industry
Construction
About
Terra Millennium Corporation delivers essential industrial services including refractory fireproofing and mechanical services, ensuring safety and operational efficiency across diverse sectors such as energy and construction. Founded in 1987 in Salt Lake City, US, Terra Millennium Corporation specializes in industrial service offerings. The firm has successfully executed two deals, with the most recent completed on May 26, 2022. The company is led by CEOs Bryan Young and Prisha Jalan.
Terra Millennium Corporation (TMC) specializes in a comprehensive range of industrial services designed to meet the diverse needs of various sectors. Their core offerings include refractory fireproofing, scaffolding, insulation, coatings, and an extensive suite of mechanical services. These services are pivotal in enhancing operational safety, efficiency, and longevity in industries such as cement, lime, pulp and paper, power generation, and petrochemicals. TMC’s subsidiary, JT THORPE, established in 1906, has set industry standards in soft craft services, while Brahma Group, founded in 2002, provides full-service mechanical construction, project management, and maintenance.
The geographical markets served by TMC extend across the United States, with a nationwide presence ensuring accessibility to a wide client base that includes major industrial players in energy, manufacturing, and construction. TMC generates revenue through a multi-faceted transaction structure primarily focused on B2B engagements. The company collaborates with clients to deliver tailored solutions, facilitating projects that often involve contractual agreements for services such as mechanical construction and refractory installations. Revenue is derived from direct service contracts, with clients paying for the specific services rendered, including specialized projects in refractory and insulation.
The revenue model is structured around project-based pricing, where costs align with the complexity and scale of the service provided. TMC’s extensive portfolio of offerings, including their flagship services through subsidiaries like K&G and JT THORPE, positions them as a vital partner in the industries they serve, fostering long-term relationships that support continued business growth and service innovation. In May 2022, H. I.
G. Capital agreed to acquire Terra Millennium Corporation from Court Square, with the deal expected to close in Q2 2022. This acquisition will support Terra Millennium Corporation's continued growth initiatives. The company aims to enhance its product offerings further and expand into new markets.
Specific plans for geographic expansion into the energy and construction sectors are underway, leveraging the recent capital injection to implement these strategies.
Primary Industry
Construction
Sub Industries
Engineering, Construction, Industrial Machinery
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
JT Thorpe Group - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | THORCAN | - | ||||||||
| Secondary Buyout | Announced | JT Thorpe Group | - | ||||||||
| Growth | Completed | JT Thorpe Group | - |
Displaying 1 - 3 of 3

Time to go Pro
Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.