Stone Pointe, LLC and Midwest Mezzanine Funds
Has been
ACQUIRED
by
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.