All Things Business

Private Equity Firm To Acquire Therm-O-Disc

4 Mar , 2022  

By 1812Blockhouse; PRNewsire

One Rock Capital Partners, LLC (“One Rock”) has announced that one of its affiliates has entered into a definitive agreement to acquire Therm-O-Disc, a subsidiary of Emerson (NYSE: EMR).

Therm-O-Disc is a leading designer and manufacturer of safety-critical sensors, thermal cutoffs and sealed connecting components primarily used in heating, ventilation and air conditioning, appliance, water heater, industrial, aerospace & defense, and transportation applications. Headquartered in Mansfield, Therm-O-Disc has over 4,000 employees globally.

“Therm-O-Disc is well-positioned as a leading global manufacturer of branded, essential sensor and safety products,” said R. Scott Spielvogel, Managing Partner of One Rock. “We are excited to collaborate with management to drive innovation, enhance strong operational capabilities and serve Therm-O-Disc’s customers, building on the long history as an industry leader.”

“As a firm, One Rock has a depth of experience in corporate carve-outs, which we look forward to applying to establish Therm-O-Disc as a strong, independent company well-positioned for growth,” added One Rock Managing Partner Tony W. Lee.

“Our partnership with One Rock marks an exciting next chapter for Therm-O-Disc, and their knowledge and experience of global engineering-driven industrial businesses will align well with our aim to bring innovation and superior service to our customers,” said Vicki Dawkins, President of Therm-O-Disc. “We look forward to leveraging One Rock’s strategic and operational expertise as we continue to scale our offerings.”

Completion of the transaction, which is expected in the first half of 2022, is subject to applicable regulatory approvals and customary closing conditions.

According to its website, One Rock has over $5 billion of cumulative capital commitments. Its portfolio is comprised of companies from a spectrum of industries, including chemicals and process industries, specialty manufacturing and healthcare products, and food manufacturing and distribution.

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