Therma Holdings (Gemspring Capital portfolio co.) acquires Yearout Mechanical

Therma Holdings, a portfolio company of PE sponsor Gemspring Capital, acquired Albuquerque-based Yearout Mechanical, a design-build mechanical services provider, expanding its geographic footprint into New Mexico. Kevin Yearout continues to lead the company as a division of Therma.

“Therma Holdings LLC (Therma), a portfolio company of Gemspring Capital, has acquired Yearout Mechanical, an Albuquerque, New Mexico-based design-build provider of mechanical, fabrication, and maintenance services.”

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