Bruce Thames

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Mid-cap industrial equipment firms consolidate around grid and LNG buildout

As of June 2026: Exited at close after selling Thermon

CECO Environmental closed its $2.2 billion merger with Thermon Group on June 1, 2026. The combined company keeps the CECO name, keeps Todd Gleason as chief executive, and adds two former Thermon directors to the board.

Updated Jun 2