United Group Programs

Headquarters: Newtown, PA
Investment Date: December 2016
Sector: Insurance Services

United Group Programs is a Third-Party Administrator (“TPA”) and Managing General Agent (“MGA”) that designs, markets, and administers healthcare benefit products and services including gap, limited medical, minimum essential coverage and self-funded major medical.  Established in 1968, the Company has a long track record of offering comprehensive solutions and industry-leading service to brokers and employer groups. 


Headquarters: San Jose, CA
Investment Date: June 2017
Sector: Industrial Services

Therma is a leading full-service design-build specialty mechanical contractor that focuses on complex HVAC, high purity process piping and process controls for cleanrooms, laboratories and high-tech manufacturing facilities. Founded in 1967, Therma is one of the largest mechanical contractor’s in the United States.  Therma’s construction division provides engineering, estimation, design, building information modeling, energy modeling, design-build, specialty HVAC and pipe fabrication, modular skid and process controls pre-fabrication and installation work for general contractors, construction managers and owners in the technology, biopharmaceutical, data center, semiconductor and other industries with complex mechanical requirements.  Therma’s services division leverages the company’s construction expertise to provide world-class operations & maintenance, facilities services and specialty project services.