Thermo Companies

Thermo Companies, based in Denver, Colorado, is an infrastructure investment firm founded in 1984. The firm specializes in providing growth capital to small and medium-sized companies, focusing primarily on investments in power plants and natural gas assets within Colorado. Thermo Companies aims to address gaps in financial services that do not adequately serve these businesses, particularly in light of ongoing consolidation in the banking industry. With a strong reputation and proprietary deal flow, the firm identifies significant opportunities where it can leverage its capabilities to support the growth of its investments.

James F. Lynch

Managing Partner

Kyle Pickens

Partner

2 past transactions

Pivotal Commware

Private Equity Round in 2017
Pivotal Commware, Inc. develops software-defined antennas and radios that use holographic beam forming technology. It offers platforms, such as beamformers; systems, including 5G echo subscribers and drone beamforming antenna systems; and applications, such as intelligent beam management systems. Pivotal Commware, Inc. was formerly known as Pivotal Communications Inc. The company was founded in 2016 and is based in Kirkland, Washington.

Globalstar

Acquisition in 2003
Globalstar, Inc. is a telecommunications company that delivers mobile satellite services globally, catering to both commercial and recreational users in over 120 countries. Established in 1991 and commencing commercial operations in 1999, Globalstar specializes in duplex two-way voice and data communications, providing solutions for remote business continuity, safety, emergency response, and various industrial applications. The company offers a range of products including satellite phones, data modems, and consumer devices like the SPOT GPS messenger for personal tracking and emergency messaging. Additionally, Globalstar supplies one-way transmission products for tracking cargo and monitoring utility assets. The company serves diverse markets such as government, public safety, oil and gas, maritime, construction, and transportation. With a significant subscriber base, Globalstar's services rely on a constellation of Low Earth Orbiting satellites that connect users to terrestrial networks, ensuring reliable communication even in areas where traditional networks are unavailable. Headquartered in Covington, Louisiana, Globalstar continues to expand its reach and enhance its offerings.
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