Latham Advises on Financing for Truelink Capital’s Completed Acquisition of JT Thorpe Group

Truelink Capital, a private equity firm based in Los Angeles that focuses on growth and long-term value development, has completed its acquisition of JT Thorpe Group, Inc.

JT Thorpe Group is a leading provider of specialty industrial maintenance and thermal management services, serving critical infrastructure and industrial sectors across North America.

The management team of JT Thorpe, led by CEO Kevin Howard, will continue to operate the business and retains a significant ownership stake. Financial terms of the transaction were not disclosed.

Latham & Watkins LLP acted as legal counsel for the financing parties involved in the acquisition.

The transaction team was led by partners Stelios Saffos, who is the Global Chair of Latham’s Capital Markets and Hybrid Capital practices, along with Jesse Sheff and John Lister. Associates Sophia Premji and Kai Yeo also played key roles in the deal.

Key Takeaways

  • Truelink Capital completed the acquisition of JT Thorpe Group, enhancing its portfolio in specialty industrial services.
  • JT Thorpe management maintains operational control and retains a substantial ownership interest post-acquisition.
  • Latham & Watkins LLP provided crucial legal counsel to financing parties, with a team of senior partners and associates.
  • Financial terms of the transaction remain confidential.