Houston, TX – August 2025 – Thorpe Specialty Services (“Thorpe” or the “Company”), a leading maintenance, engineering, and solutions provider for corrosion, refractory, and scaffolding & insulation services, announced that it has acquired Streamline Industrial Services, LLC (“Streamline”) of Salt Lake City, UT, earlier in the year. Streamline provides specialty refractory, corrosion resistance, fireproofing, specialty coatings, and mechanical services to the minerals & mining, power, refining, chemical, and other high-wear industrial end markets.
The combined companies will exceed 1,400 team members, including over 1,100 skilled field personnel across its six regional branches operating across the Gulf Coast, Southeast, Midwest, Mountain West, and Canada. The strategic acquisition of Streamline provides geographic expansion into a targeted market segment, entrance into the specialty minerals & mining end market, and further diversifies Thorpe’s growing customer base. This acquisition will also provide the existing Streamline customer base with significant additional field resources and access to a broader suite of complementary technical services.
“We are very excited to welcome Ryan Davis and the Streamline team into the Thorpe family. Streamline is the go-to refractory services business within rare earth metals & mining in our nation and we are excited to further support the Company with its growth initiatives as we share labor, resources, and additional service capabilities to their customer base,” said Jeff Jones, CEO of Thorpe.
Ryan Davis, President of Streamline, added, “We are extremely pleased to join the Thorpe team. Thorpe’s service capabilities, reputation for safety, and skilled technical labor force align well with our business, our mission, and our near-term growth objectives. I am thrilled for my team to join this organization as we continue to look to broaden our capabilities and better serve our customers.”
In August 2022, KLH Capital partnered with Thorpe Specialty Services to recapitalize and continue the growth path of the Company.
“Thorpe’s acquisition of Streamline is highly accretive to the overall business as it allows Thorpe to immediately gain a strong presence in the specialty metals, minerals, and mining end market and allows Streamline the opportunity to earn a larger amount of its customers’ wallet share by offering a broader suite of services through a deeper bench of highly skilled and highly capable field technicians,” said Chris Reinhart, Director at KLH Capital.
For more information about this transaction, please contact Chris Reinhart (creinhart@klhcapital.com).
ABOUT THORPE SPECIALTY SERVICES
Headquartered in Houston, TX, Thorpe is a leading provider of industrial specialty services to the chemical, petrochemical, power, natural resources (lime), pulp & paper, metals & mining, and other industrial and infrastructure end markets across the United States and Canada.
With more than 1,400 skilled employees and a top-tier safety record, Thorpe leverages its in-house engineering capabilities to be a trusted provider of reoccurring refractory, corrosion, scaffolding & insulation services, and custom fabricated products for the maintenance of critical infrastructure assets operating within high-temperature, abrasive, caustic, acidic, and highly corrosive environments.
ABOUT STREAMLINE INDUSTRIAL SERVICES, LLC
Based in Salt Lake City, UT, Streamline specializes in providing refractory and corrosion services to the minerals & mining, power, refining, and chemical markets. As a key service provider in its geographic footprint, Streamline has cultivated longstanding relationships with customers within its market, making it a go-to service provider for specialty refractory and corrosion prevention services.
