Therma Corporation

Therma Holdings LLC, a portfolio company of Gemspring Capital, acquired Yearout Mechanical, an Albuquerque-based design-build provider of mechanical, fabrication and maintenance services. The acquisition expands Therma's geographic footprint into the New Mexico market.

Gemspring Capital, a private equity firm, acquired Therma Corporation, a specialty mechanical contractor focusing on HVAC, high purity process piping and process controls for cleanrooms and high-tech manufacturing facilities.