Thesis Capital Completes Recapitalization of Texas-Based Electrical Enclosures Manufacturer

August 23, 2024 — Thesis Capital Partners is pleased to announce the successful recapitalization of NEMA Enclosures, a Texas-based manufacturer of electrical enclosures serving industrial, commercial, and utility customers across the United States.

Founded in Texas, NEMA Enclosures has built a strong reputation for quality and reliability in the electrical enclosures market. The recapitalization positions the company for continued growth through operational investment, expanded manufacturing capacity, and geographic expansion.

Thesis Capital partnered with NEMA's founders to provide capital and operational support as the business enters its next phase of growth.

"NEMA is a well-run business with a strong team and a clear opportunity to scale," said Ian Reynolds, Founder and Managing Partner of Thesis Capital Partners. "We're proud to support the team as they build on a strong foundation."