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Thermon Group Holdings, Inc.

THR/CECO Environmental Corp.CECO

CECO Environmental to acquire Thermon Group Holdings

MixedDefinitive Proxyhigh confidence

Merger Arbeconomics, downside, days

Deal value

mixed

Per-share offer

Premium

Days to close

Term fee

ConsiderationMixed
AnnouncedApr 24, 2026
Days outstanding84d
Expected close
Termination fee
Reverse term fee
Go-shop period
Fiduciary out
Financing condition
Debt commitment
Insider lock-up

No structured deal economics extracted yet. Re-run the scanner or fall back to the source filing below.


Timelineannounced → close
  1. Announced

    Apr 24, 2026

  2. Preliminary Proxy

  3. Definitive Proxy

  4. Record date

  5. Shareholder vote

  6. Expected close


Vote Mechanicsrecord / mailing / vote
Vote required
Vote date
Record date
Mailing date
Record → vote
Threshold
Min approvalparsed
Shares outstanding
Insider lock-up

Regulatory & ConditionsHSR / EU / CFIUS / MAC

No regulatory or closing-conditions data extracted yet. The merger agreement Exhibit 10.1 contains this in the “Conditions to Closing” and “Regulatory Approvals” articles.


Closing Conditionsapprovals · vote · financing · lockups

No closing-condition data extracted.


Interloper Riskcompeting bids, activist filers

No competing-bidder, activist, or dissident-proxy signals in the database for this target.


Advisors

Acquirer side· CECO Environmental Corp.

Legal

Gibson, Dunn & Crutcher LLP

  • · Jonathan Whalen
  • · Jeffrey A. Chapman
Jonathan Whalen Jeffrey A. Chapman Gibson, Dunn & Crutcher LLP 2001 Ross Avenue, Suite 2100 Dallas, Texas 75201 (214) 698-3100

Target side· Thermon Group Holdings, Inc.

Legal

Sidley Austin LLP

  • · Scott Williams
  • · Matthew Stoker
Scott Williams Matthew Stoker Sidley Austin LLP One South Dearborn Chicago, Illinois 60603 (312) 853-7000

Counterparty Historyprior deals in DB
FirmRoleSideDeals in DB
Gibson, Dunn & Crutcher LLPLegalAcquirer5View deals →
Sidley Austin LLPLegalTarget3View deals →

Filing Timelineevery filing on this issuer
  1. Apr 24, 2026this filing

    CECO Environmental to acquire Thermon Group Holdings

  2. Apr 24, 2026

    CECO to Acquire Thermon Group Holdings in Mixed Consideration Deal

  3. Apr 24, 2026

    CECO to acquire Thermon in mixed stock-cash deal


Filing Trailcross-reference table
DateFormSectionHeadlineStatus
Apr 24, 2026definitiveCECO to Acquire Thermon Group Holdings in Mixed Consideration Dealproxy_filed
Apr 24, 2026definitiveCECO to acquire Thermon in mixed stock-cash dealproxy_filed

Sources

CECO Environmental Corp. agreed to acquire Thermon Group Holdings, Inc. in an all-stock and cash transaction, with Thermon shareholders receiving mixed, cash, or stock consideration options with aggregate cash capped at $334 million and CECO shares capped at 22.9 million. Following closing, CECO and Thermon shareholders are expected to own approximately 62.5% and 37.5% of the combined company on a fully diluted basis. Both companies will hold special shareholder meetings to approve the merger agreement and related stock issuance proposals.

Item id: 12d1e20b-3207-4114-9660-1fbb5536e90e · ingested Apr 24, 2026