Thermal Solutions Manufacturing, Inc.

Thermal Solutions Manufacturing, Inc. is a specialized manufacturer of heat exchange and diesel emissions products, catering to heavy-duty, industrial, and automotive applications across North America. Founded in 2012 and headquartered in Nashville, US, Thermal Solutions Manufacturing, Inc. produces heat exchange solutions for various sectors.

The company underwent a significant change in ownership in March 2019 when it was acquired by Altus Capital Partners along with the management team from Resilience Capital Partners. The current CEO team includes Bob Potokar, Joe Apuzzo, and Matt Weinmann. Thermal Solutions Manufacturing (TSM) specializes in the production of heat exchange and diesel emissions products tailored for heavy-duty, industrial, and automotive applications. The company’s core offerings include OE-grade radiators, heat exchangers, oil coolers, and custom-built units designed to enhance the performance and longevity of machinery.

Their products serve diverse sectors such as heavy industrial, agriculture, marine, and automotive, meeting the needs for reliable cooling solutions. TSM’s Truck Tough® line addresses the requirements of Class 4-8 trucks, while TSM Champ products are recognized in the marine sector for improving recreational boat efficiency. TSM distributes its products across North America, supported by five manufacturing plants and a comprehensive warehouse network. Thermal Solutions Manufacturing generates revenue through direct sales of its heat exchange and emissions products to B2B clients in various sectors.

The company operates on a transactional structure involving partnerships with distributors, retailers, and direct-to-consumer channels. Clients typically engage with TSM for products such as Truck Tough® radiators and specialized marine cooling solutions, with pricing determined by the specifics of each order. Revenue is influenced by the volume and frequency of orders, as clients often place bulk purchases to ensure operational efficiency. TSM's diverse product range, including aluminum products and custom heat exchangers, reflects its commitment to meeting customer demands.

In the wake of the acquisition in March 2019, Thermal Solutions Manufacturing aims to enhance its product lineup with upcoming innovations in heat exchange technology, with plans to launch new products by 2024. The company is also targeting expansion into new geographic markets, specifically within the South American and European regions, aimed for completion by 2025. Recent funding will be leveraged to support these initiatives, allowing for increased R&D efforts and expanded manufacturing capabilities.