HAMPTON, NH, January 12, 2007 – Thermal Solutions, Inc. (“TSI”), a leading designer and manufacturer of custom-engineered thermal management and electronic interconnect solutions, components and subsystems, today announced that Gregory R. Tucker has been appointed the Chief Executive Officer of the Company and a member of the board of directors, effective January 15, 2007. TSI is a portfolio company of Arlington Capital Partners, a Washington DC-based private equity firm.
“We are excited about having someone of Greg’s caliber join TSI’s senior management team,” said Robert Knibb, a Partner at Arlington Capital Partners. “Greg’s background and credentials are a great fit for TSI and he brings a proven ability to grow businesses, motivate people, implement best practices, and think strategically.”
Mr. Tucker joins TSI from Thermo Fisher Scientific, where he was the President of the Global Control Technologies Portfolio, a business with 600 employees and three plant locations. During his tenure, the business significantly improved its operating efficiency and financial performance as a result of the processes, programs, and business development strategies that Mr. Tucker put in place. Prior to Thermo Fisher Scientific, Greg had P&L leadership of Praxair Corporation’s Thermal Spray Products and equipment business. He also gained extensive operations and commercial experience at General Electric.
Greg earned a bachelor of science degree with distinction in mechanical engineering from Worcester Polytechnic Institute and is a graduate of GE’s two-year manufacturing management program. He is a certified master black belt in Six Sigma.
“TSI has a well-positioned portfolio of high value-added products and solutions with strong growth prospects,” said Mr. Tucker. “I look forward to joining the Company and working with the entire TSI management team and Arlington Capital Partners to build on the success that the Company has achieved and to further expand its market presence and global footprint across each of its businesses.”
“Greg is the prototypical Arlington executive,” said Peter Manos, a Partner at Arlington Capital Partners. “His world class global operations experience, proven acquisition capabilities and exceptional leadership will accelerate TSI’s organic and acquisition growth.”
About Thermal Solutions:
Thermal Solutions, Inc. (www.thermal-solutions-inc.com) (“TSI”), based in Hampton, NH, is a leading designer and manufacturer of custom-engineered thermal management and electronic interconnect solutions, components and subsystems that provide solutions to customers in the defense, aerospace, homeland security and commercial sectors. The Company focuses on facilitating the transfer of power and information between components and systems, and dissipating the heat generated from these complex and high performance electronics systems. Through its four operating divisions, TSI designs the electronic interconnect solutions, the individual high heat transfer devices, such as heat sinks, heat exchangers, heat pipes and cold plates, and the full subsystems comprised of such devices fully populated with electronics. TSI is a portfolio company of Arlington Capital Partners.
About Arlington Capital Partners:
Arlington Capital Partners is a Washington, DC-based private equity fund with over $1 billion of committed capital focused on middle market buyout investment opportunities in growth industries including: aerospace/defense, federal and commercial IT, media, education & training, healthcare services and business services & outsourcing. The firm’s professionals have a unique combination of operating and private equity experience that enables Arlington to be a value-added investor. Arlington invests in companies in partnership with high quality management teams that are motivated to establish and/or advance their company’s position as leading competitors in their field.
SOURCE: Arlington Capital Partners