SLC’s Thorpe Group buys Canadian refractory services company

JT Thorpe Group Inc., a North American provider of outsourced industrial maintenance services based in Salt Lake City, has acquired ThorCan Construction & Refractories, a refractory services company based in Ontario, Canada. 

Refractory services involve the manufacture, installation and repair of materials designed to withstand high temperatures and harsh environments. 

Thorpe Group provides services including refractory, fireproofing, insulation, coatings, scaffolding and mechanical services from 11 regional offices across the U.S.

The acquisition marks Thorpe Group’s first expansion into the Canadian refractory market, further strengthening what it says is its position as the largest and most experienced industrial refractory contractor in North America.

“ThorCan, founded in 2003, has built a strong reputation for quality, safety and technical excellence in refractory design, installation and maintenance services across Canada’s cement, refining and metals sectors,” Thorpe Group said in a release. “The acquisition ensures continuity for ThorCan’s customers and employees, while providing access to broader resources, advanced technology and a shared commitment to operational excellence.”

“The acquisition of ThorCan represents an important milestone in our North American growth strategy,” said Kevin Howard, CEO of Thorpe Group. “ThorCan’s longstanding reputation for quality craftsmanship and deep industry expertise perfectly complements our existing operations in the United States. Together, we will deliver unmatched value, safety performance and technical capabilities to our clients across the continent.”

ThorCan’s management team and employees will join Thorpe Group’s network of companies, which includes JT Thorpe & Son Inc., K&G Industrial Services and Brahma Group Inc.

“Joining JT Thorpe Group opens an exciting new chapter for ThorCan,” said Neil Lawson, president and CEO of ThorCan. “Our partnership brings together two organizations with the same core values: safety, integrity and a passion for solving our customers’ toughest technical challenges. This combination allows us to grow stronger together while continuing to deliver exceptional service to our clients throughout Canada and beyond.”

JT Thorpe Group Inc. is a portfolio company of H.I.G. Capital, a global alternative assets investment firm with over $70 billion of equity capital under management. Based in Miami and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies.