Thermal & Mechanical Equipment Company
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Thermal & Mechanical Equipment Company - overview
Established
1986
Location
Houston, TX, US
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
About
Thermal & Mechanical Equipment Company designs and manufactures industrial solutions focused on steam and thermal equipment. Their products enhance heat transfer efficacy across various sectors, including chemical processing and energy generation. Thermal & Mechanical Equipment Company, founded in 1986 and headquartered in Houston, US, specializes in steam and thermal equipment for industrial applications. In September 2009, Main Street Capital Corporation recapitalized the company with a direct equity investment of USD 1 million.
The company has been involved in a single deal since its inception. Thermal & Mechanical Equipment Company provides industrial solutions that include heat exchangers, steam traps, and condensers. Their products are integral to industries such as chemical processing, food and beverage, pharmaceuticals, and energy generation, addressing needs for temperature control, pressure regulation, and energy management. Their offerings, which include shell & tube heat exchangers and skid-mounted systems, are engineered to enhance process efficiency and operational safety for a global client base across North America, Europe, and Asia.
Thermal & Mechanical Equipment Company generates revenue primarily through direct contracts with B2B clients, offering tailored steam and thermal solutions. The revenue model is built around customized project agreements with clients in sectors such as petrochemicals and pharmaceuticals, focusing on reliable equipment supply and installation services. Specific pricing details are not publicly available, but their flagship products are critical for energy efficiency and process reliability, supporting their strategic focus on delivering high-quality industrial solutions. Thermal & Mechanical Equipment Company is focused on developing new products aimed at enhancing energy efficiency, with planned releases anticipated in the coming years.
The company aims to expand its market presence in Europe and Asia by 2025, leveraging recent funding from Main Street Capital Corporation to support these initiatives. The USD 1 million investment will enable the company to advance product development and outreach in these targeted regions.
Current Investors
Main Street Capital Corporation
Primary Industry
Heating, Cooling & Ventilation Equipment and Services
Sub Industries
Heating, Cooling & Ventilation Equipment and Services
Website
www.tmec.com
Company Stage
Mature
Total Amount Raised
Subscriber access only
Thermal & Mechanical Equipment Company - 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) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Recapitalisation | Completed | Thermal & Mechanical Equipment Company | - |
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Thermal & Mechanical Equipment Company - employee data
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