CECO Updates 2026 Outlook Post-Thermon Acquisition Closing

CECO Environmental closed its acquisition of Thermon Group on June 1, 2026, and raised full-year guidance with expected revenue of $1.275-$1.375 billion and Adjusted EBITDA of $195-$225 million, representing approximately 20% and 25% growth respectively. The company expects to achieve $40 million in cost synergies and is capitalizing on strong demand in power generation, data centers, and semiconductors.