A portfolio company of
Stone Pointe, LLC and Midwest Mezzanine Funds
Has been ACQUIRED by
Milwaukee, Wisconsin, January 15, 2024
CIBC US Middle Market Investment Banking advises Vapor Power International on its sale to Thermon Group Holdings, Inc. (NYSE:THR)

CIBC US Middle Market Investment Banking is pleased to announce that its client, Vapor Power International (“Vapor Power” or the “Company) has been acquired by Thermon Group Holdings, Inc. (NYSE:THR). CIBC US Middle Market Investment Banking acted as exclusive financial advisor to Vapor Power in this transaction.

Vapor Power is a leading provider of high-quality industrial process heating solutions with a broad product set sold through two globally-recognized brands: Vapor Power and Precision Boilers. Vapor Power products offer a unique and proven technology that can operate at a high pressure and temperature but with small footprints. The products are recognized for rapid start-up, reliability and control.

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Recent Transactions

Our reputation of being honest, hardworking, and ethical has enabled us to achieve high prices and produce great outcomes for the following transactions: