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Pacific Avenue Capital, with Cameron Ashley, acquired Therm-All on Jan. 6, 2026, to expand its insulation business.
An affiliate of Pacific Avenue Capital Partners, alongside Cameron Ashley Building Products, has acquired Therm-All, a Westlake, Ohio-based provider of metal building insulation and related products, from Incline Equity Partners.
The deal, finalized on January 6, 2026, marks another corporate carve-out for Pacific Avenue, which focuses on middle-market businesses.
Therm-All operates 13 U.S. locations and serves over 2,000 commercial and industrial customers with energy code-compliant, custom insulation solutions.
Under new ownership, the company will expand through operational support and enhanced logistics via Cameron Ashley’s nationwide network of over 70 distribution centers.
Pacific Avenue, with $3.8 billion in assets under management, and Cameron Ashley will prioritize customer relationships and growth in core and emerging product areas.
BofA Securities, Weil, Gotshal & Manges, and KPMG served as advisors.
Pacific Avenue Capital, con Cameron Ashley, adquirió Therm-All el 6 de enero de 2026, para expandir su negocio de aislamientos.