SAN MARCOS, Texas, Feb. 2, 2011 (GLOBE NEWSWIRE) -- Thermon Group Holdings, Inc. announced today that it has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock. The number of shares to be offered and the price range for the offering have not yet been determined. The shares of common stock to be sold in the offering are expected to be offered by Thermon and certain of its stockholders.
Barclays Capital Inc. and Jefferies & Company, Inc. are acting as joint book-running managers of the proposed offering. The offering will be made only by means of a prospectus. When available, copies of the preliminary prospectus can be obtained from Barclays Capital, Attention: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, by telephone at 888-603-5847 or by e-mail at Barclaysprospectus@broadridge.com ; or from Jefferies & Company, Attention: Equity Syndicate Prospectus Department, Jefferies & Company, Inc., 520 Madison Avenue, 12th Floor, New York, NY, 10022, by telephone at (877) 547-6340 or by e-mail at Prospectus_Department@Jefferies.com.
A registration statement relating to these securities has been filed with the Securities and Exchange Commission, but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time that the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of any offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Through its global network, Thermon provides highly engineered thermal solutions, known as heat tracing, for process industries, including energy, petrochemical and power generation. Thermon's products provide an external heat source to pipes, vessels and instruments for the purposes of freeze protection, temperature maintenance, environmental monitoring and surface snow and ice melting. The company is headquartered in San Marcos, Texas.
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CONTACT: Sarah Alexander (512) 396-5801 Investor.Relations@thermon.com