HIG Capital has agreed to sell JT Thorpe, a provider of thermal management and asset integrity services, to Truelink Capital. JT Thorpe operates from over 30 locations across North America, serves more than 1,100 customers, and generates revenues exceeding $1 billion. Kevin Howard is the CEO of JT Thorpe.

HIG acquired JT Thorpe in 2022. "Kevin and the JTT management team have done an outstanding job transforming the Company into the leading provider of thermal management and asset integrity services across North America," said Matt Gullen, managing director at HIG. "Their hard work and disciplined execution have driven strong growth, and we are proud to have supported them through this pivotal phase."

Goldman Sachs and Harris Williams LLC served as co-lead financial advisors to JT Thorpe. McDermott Will & Schulte LLP provided legal counsel to HIG Capital and JT Thorpe. The transaction is anticipated to close in August 2026. JT Thorpe was founded in 1906.