Burnham Holdings
Thermal and interior comfort solutions for HVAC.
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor investor | €0.0 | round | |
* | N/A | Post IPO Equity | |
| Total Funding | 000k | ||
| USD | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | - | (12 %) | 17 % | 10 % | 5 % | 7 % |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | - | 8 % | 7 % | 3 % | 6 % | 9 % | 9 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | - | 4 % | 3 % | - | 2 % | 4 % | 4 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article
The story of Burnham Holdings begins not with a holding company, but with a specific need. In 1873, Frederick A. Lord, a carpenter, founded a company to build and heat greenhouses. This venture, initially called Lord's Horticultural Manufacturing Company, developed the first cast iron boiler for even heating. His son-in-law, William Addison Burnham, joined the firm in 1872, and the company eventually became known as the Lord & Burnham Company. The business evolved through mergers and a focus on its boiler division, which was eventually spun off into the Burnham Boiler Company. Over many decades, this entity grew, becoming Burnham Corporation. The modern Burnham Holdings, Inc. is a strategic evolution from this manufacturing legacy. It now acts as a parent company to numerous subsidiaries that manufacture and sell a wide range of heating, ventilation, and air conditioning (HVAC) products for residential, commercial, and industrial use. This structure allows the company to manage a diverse portfolio of brands like U.S. Boiler, Bryan Steam, and Burnham Commercial. Burnham Holdings, Inc. trades on the OTC markets under the ticker symbol BURCA. A key part of its modern strategy involves acquiring and divesting assets to strengthen its core business. In 2023, it acquired Combustion Services, Inc. to bolster its rental boiler business. More recently, in 2025, the company announced the sale of its Thermo Pride and Norwood Manufacturing subsidiaries to better focus on its primary boiler operations and expand its commercial and industrial service offerings.