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Gemspring-owned Therma buys Yearout Mechanical

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Gemspring-owned Therma buys Yearout Mechanical

Therma Holdings LLC purchased Albuquerque, N.M.-based Yearout Mechanical, which provides mechanical services for commercial, institutional and light industrial facilities.

Yearout Mechanical will become a division of Therma and will continue to be led by Kevin Yearout as president.

Therma is a mechanical services provider operating in the San Francisco Bay Area. It was acquired by lower-middle-market private equity firm Gemspring Capital LLC in 2017.