Exhibit 23.2
 
CONSENT OF ALVAREZ & MARSAL PRIVATE EQUITY PERFORMANCE IMPROVEMENT GROUP, LLC

We hereby consent to the use of our name in the Annual Report on Form 10-K (the “10-K”) of Thermon Group Holdings, Inc.
(the “Company”) (Commission File No. 001-35159) for the fiscal year ended March 31, 2017 (the “2016 Annual Report”) and
in any prospectus or prospectus supplement of the Company related to the Company’s registration statement on Form S-3 (File
No. 333-181821) and any related preliminary prospectuses and prospectuses and any further amendments or supplements
thereto (collectively, the “Prospectus”) and to all references to us, our 2015 report concerning the global heat tracing market
and the data in that 2015 report appearing in “Industry Overview” in the 10-K and the Prospectus; provided, however, that the
foregoing consent shall be limited in duration with respect to the Prospectus to filings made within the nine month period
beginning as of the date hereof.


Date:  May 25, 2017
 
ALVAREZ & MARSAL PRIVATE EQUITY PERFORMANCE IMPROVEMENT GROUP, LLC
 
 
 
 
 
 
By:
/s/ Mark Dominick (Nick) Alvarez
 
Name:
Mark Dominick (Nick) Alvarez
 
Title:
Managing Director