---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-000086"
form_type: "8-K"
ticker: "THR"
cik: "0001489096"
company_name: "Thermon Group Holdings, Inc."
filed_at: "2024-01-02T23:59:59+00:00"
generated_at: "2026-06-07T05:13:52.438522+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Thermon acquires Vapor Power ($50M+ revenue); $100M term loan funds deal; expects EPS accretion

## Summary
- Acquired Vapor Power, a provider of electric and gas fired boilers, for an undisclosed sum; financed via $100M incremental term loan and cash on hand.
- Vapor Power revenue over $50M in CY2023; transaction expected to be accretive to GAAP EPS in first twelve months.
- Acquisition expands Thermon's product portfolio into electric resistance and electrode boilers; targets decarbonization and electrification growth.
- Credit agreement amended to add $100M incremental term loan (matures Sept 2026, pricing +0.375%) used to finance the acquisition and refinance target debt.

## SEC filing metadata
- accession: 0001104659-24-000086
- form_type: 8-K
- ticker: THR
- cik: 0001489096
- company_name: Thermon Group Holdings, Inc.
- filed_at: 2024-01-02T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1489096/000110465924000086/0001104659-24-000086-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1489096/000110465924000086/tm2333961d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-000086
- JSON: https://secwatch.observer/filing/0001104659-24-000086.json
- Plain text: https://secwatch.observer/filing/0001104659-24-000086.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.