Therma-Stor

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Therma-Stor - overview

Established

1977

Location

Madison, WI, US

Primary Industry

Electronics

About

Therma-Stor is a manufacturer specializing in advanced indoor air quality and climate control products, focusing primarily on dehumidification solutions for diverse markets including residential and commercial. Founded in 1977, Therma-Stor operates out of Madison, US, providing indoor air quality solutions. The company was acquired by Madison Industries in November 2017, although details on financial terms were not disclosed. Therma-Stor’s founder's history is not documented in the available information.


Therma-Stor specializes in manufacturing advanced indoor air quality and climate control products, particularly dehumidification solutions. Their product lines include the Santa Fe series for residential use, Quest Climate systems for agriculture and industrial applications, and the Phoenix line for restoration equipment, which covers dehumidification, air scrubbing, water extraction, and evaporative drying. These products serve various settings, including homes, commercial spaces, agricultural facilities, and medical environments, catering to a broad clientele of residential customers, commercial entities, and restoration professionals. Their distribution strategy targets regions with significant humidity challenges to ensure product relevance.


Therma-Stor generates revenue through direct sales of its dehumidification and climate control products to residential homeowners, commercial businesses, and restoration professionals. Sales are made through direct-to-consumer channels as well as partnerships with distributors and retailers. The pricing of their flagship products, such as the Santa Fe and Phoenix lines, varies to cater to different market segments needing specialized humidity management solutions. This multifaceted sales approach supports a robust revenue model, essential for maintaining competitiveness in the indoor air quality industry.


Therma-Stor’s strategic growth plan includes launching new products designed to enhance indoor air quality further. Specific timelines for these releases have not been detailed. The company is also planning to expand into new geographic markets, particularly targeting regions facing humidity challenges. The acquisition by Madison Industries in November 2017 will likely provide additional resources to support these initiatives, though specific plans for utilizing recent funding have not been articulated.


Current Investors

Madison Industries

Primary Industry

Electronics

Sub Industries

Electronic Components

Website

http://www.thermastor.com/

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Therma-Stor - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
BuyoutCompletedTherma-Stor-

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