Truelink Capital, a Los Angeles-based private equity firm specializing in growth and long-term value creation, has completed the acquisition of JT Thorpe Group Inc., a provider of specialized industrial maintenance and thermal management services in North America. Financial terms of the transaction were not disclosed.

JT Thorpe, founded in 1906 and headquartered in Salt Lake City, offers a range of services including refractory, fireproofing, insulation, and asset integrity solutions such as access and mechanical support. The company serves complex industrial and infrastructure facilities across sectors including power generation, semiconductors, liquefied natural gas (LNG), mining, steel, cement, and other industrial markets. With over 30 locations and a workforce of skilled professionals throughout North America, JT Thorpe has built a reputation over its 120-year history for safety and technical expertise, establishing long-term relationships with blue-chip clients.

Following the acquisition, Chief Executive Kevin Howard and his management team will continue to lead the company and retain a significant ownership stake. Howard emphasized that Truelink Capital aligns with JT Thorpe’s values of sustained growth, operational excellence, and safety.

Luke Myers, co-founder and managing partner at Truelink, described the acquisition as a strategic opportunity with strong growth potential, both through organic expansion and targeted mergers and acquisitions. He characterized JT Thorpe as a resilient business with unique capabilities that are difficult to replicate.

This transaction represents the third platform investment for Truelink Capital’s Fund II and aligns with the firm’s strategy of partnering with leading companies in the industrials and business services sectors. Goldman Sachs and Harris Williams advised JT Thorpe financially in the deal.