Thermal Management Solutions Group Ltd

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Thermal Management Solutions Group Ltd - overview

Established

2021

Location

Warrington, -, UK

Primary Industry

Automobiles, Other Vehicles & Parts

About

Thermal Management Solutions Group Ltd is a UK-based company specializing in advanced thermal technologies for the automotive sector, focusing on optimizing temperature regulation and enhancing vehicle performance. Founded in 2021 and headquartered in Warrington, UK, Thermal Management Solutions Group Ltd focuses on thermal management systems for the automotive industry. The company emerged from the acquisition of Arlington's thermal management divisions in the UK and Germany, and is led by CEO Thorsten Lange. The firm's expertise builds on the operations of the former divisions, with a singular focus on high-quality thermal solutions for automotive applications.


Thermal Management Solutions Group specializes in providing advanced thermal technology and thermostat systems tailored for the automotive industry. Their core product offerings include wax elements, mechanical and electrical thermostats, and integrated position sensors, all designed to optimize temperature regulation in various vehicle types, including electric, hybrid, combustion, and transmission systems. These products are vital in enhancing vehicle efficiency and performance, ensuring optimal thermal management during operation. The company serves a diverse client base, including major automotive OEMs across Europe, North America, and Asia, with notable brands such as Wahler and Magal operating in these markets since the early 20th century.


Their solutions address critical applications within the automotive sector, making them essential for manufacturers aiming to meet stringent environmental and performance standards. In 2024, Thermal Management Solutions Group reported a revenue of USD 165. 86 mn with an EBITDA of USD 9. 61 mn.


The revenue structure is derived primarily from B2B transactions with major automotive manufacturers who require high-quality thermal management systems. These transactions typically involve direct sales agreements, where clients purchase products such as wax element actuators and various thermostat designs for integration into their vehicle platforms. The company maintains partnerships with clients through long-term contracts that ensure a steady supply of components, reflecting the strong demand for reliable thermal management solutions. Specific pricing plans are determined by the complexity of the equipment and the volume of products ordered, particularly for their flagship products such as the integrated position sensors and electric valves that are critical for modern automotive applications.


The firm also engages in testing and prototyping services, further solidifying its role as a key supplier within the automotive supply chain. Following the acquisition in February 2021, Thermal Management Solutions Group plans to expand its product and customer portfolio beyond its current automotive offerings, venturing into the independent aftermarket, heating, and sanitary sectors. The company aims to enhance its market presence by launching new products designed to meet the evolving needs of these sectors. Recent funding from Cartesian Capital Group will support these initiatives, facilitating the development of innovative thermal management solutions.


The firm is actively targeting expansion into additional markets across Europe and North America by 2024, enhancing its strategic position within the automotive supply chain.


Current Investors

Cartesian Capital Group

Primary Industry

Automobiles, Other Vehicles & Parts

Sub Industries

Automobiles, Other Vehicles & Parts, Heating, Cooling & Ventilation Equipment and Services

Website

www.thermansol.com/

Verticals

Manufacturing

Company Stage

Mature - Buyout

Total Amount Raised

Subscriber access only

Thermal Management Solutions Group Ltd - 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)
BuyoutCompletedThermal Management Solutions Group Ltd-

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