Private Equity Firm Industrial Services

TruArc Partners

New York, New York, United States

TruArc Partners is a middle-market private equity firm (established in 2021 as a successor firm to Snow Phipps Group, LLC) pursuing transformational growth through active strategic and operational management in Specialty Manufacturing and Business Services.

Focus Areas
Specialty manufacturing, Business services

Tracked deals

19

19 tracked deals across 2021-2026.

Recent pace

5

5 tracked deals announced in the last 12 months.

Deal mix

Addon

11 addon · 7 buyout · 1 growth capital

TruArc Partners Acquisition Volume by Year

Last 6 years

Acquisition volume by year Annual acquisition counts for the last 6 years for TruArc Partners. 2 2021 6 2022 4 2023 1 2024 1 2025 ~6 est. 5 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 19 tracked deals for TruArc Partners.

  • Matrix Adhesives Group Acquires IPS Adhesives (IPSA) from IPS Corp
    July 27, 2026
    Buyer
    Matrix Adhesives Group, TruArc Partners
    Target
    IPS Adhesives, IPS Adhesives (IPSA)
    Seller
    IPS Corporation (parent company of IPS)
    Industry
    Manufacturing
    Location
    Ohio, United States
    Type
    Addon

    Matrix Adhesives Group, a TruArc Partners portfolio company, acquired IPS Adhesives (IPSA) from the parent company of IPS Corporation. The deal expands Matrix’s branded adhesive portfolio, advanced adhesive technology capabilities (including methyl methacrylate), and international reach via IPSA’s European footprint and distributor network. Terms of the transaction were not disclosed.

  • Northwinds Services Group Acquires White Heating, LLC
    April 29, 2026
    Buyer
    Northwinds Services Group, TruArc Partners
    Target
    White Heating, LLC
    Seller
    Baird Business Owner Solutions (exclusive financial advisor to White Heating)
    Industry
    Industrial Services
    Location
    Pennsylvania, United States
    Type
    Addon

    White Heating, LLC, a residential heating and air conditioning services provider in Pittsburgh, has been acquired by Northwinds Services Group. Northwinds, a portfolio company of TruArc Partners, said the deal expands its presence in Pittsburgh and Western Pennsylvania and will provide additional support for sales, marketing, customer service, operations, finance, accounting, and IT.

  • TruArc Partners Acquires Matrix Adhesives Group from Goldner Hawn
    March 31, 2026
    Buyer
    TruArc Partners
    Target
    Matrix Adhesives Group
    Seller
    Goldner Hawn
    Industry
    IT Services
    Location
    Ohio, United States
    Type
    Buyout

    TruArc Partners acquired Matrix Adhesives Group (“Matrix”), an adhesives and sealant solutions provider, from Goldner Hawn. The deal terms were not disclosed, and Matrix’s CEO Dennis (“DJ”) Johnson will remain in role while Rich Rowe joins as Non-Executive Chairman.

  • TruArc Partners Acquires Schill Grounds Management
    January 13, 2026
    Buyer
    TruArc Partners
    Target
    Schill Grounds Management
    Seller
    Argonne Capital Group
    Industry
    Environmental Services
    Location
    Ohio, United States
    Type
    Buyout

    TruArc Partners, a middle‑market private equity firm, has acquired Schill Grounds Management from Argonne Capital Group. Cleveland‑based Schill is a commercial landscaping provider with more than 30 branches across the Midwest and Mid‑Atlantic; TruArc plans to accelerate organic growth, pursue add‑on acquisitions and expand the company's geographic footprint while founder Jerry Schill remains CEO.

  • New Directions Aromatics Acquires Aromatic Fragrances International
    January 7, 2026
    Buyer
    New Directions Aromatics, TruArc Partners
    Target
    Aromatic Fragrances International
    Industry
    Consumer Products
    Location
    Georgia, United States
    Type
    Addon

    New Directions Aromatics, a TruArc Partners portfolio company, has combined with Aromatic Fragrances International to create an e-commerce-enabled specialty ingredients and fragrance platform. The deal expands New Directions' U.S. footprint and brings complementary formulation, manufacturing, and digital ordering capabilities to serve beauty, personal care, home fragrance and other consumer brands.

  • Aptyx Acquires Medical Murray's Charlotte, North Carolina Facility
    January 21, 2025
    Buyer
    Aptyx, TruArc Partners
    Target
    Medical Murray (Charlotte, NC facility)
    Seller
    Medical Murray
    Industry
    Medical Devices
    Location
    North Carolina, United States
    Type
    Addon

    Aptyx, a TruArc-backed medical device manufacturing platform, has acquired the Charlotte, North Carolina facility of Medical Murray to expand its interventional and implantable product capabilities. The acquisition brings engineering talent and ISO Class 7 manufacturing capacity for catheter-based interventional products, transcatheter implants and biotextiles into Aptyx Interventional Systems.

  • TruArc Partners Acquires Meyer Laboratory
    March 5, 2024
    Buyer
    TruArc Partners
    Target
    Meyer Laboratory, Inc.
    Seller
    Russell Meyer, William "Rusty" Meyer
    Industry
    Manufacturing
    Location
    Missouri, United States
    Type
    Buyout

    TruArc Partners, a New York-based private equity firm, has acquired Meyer Laboratory, Inc., a Kansas City-area manufacturer and distributor of industrial and institutional cleaning chemicals, from owners Russell Meyer and William "Rusty" Meyer. TruArc will support Meyer Lab's next phase of growth through organic investments and targeted M&A while the existing president, Mike Miller, remains in his role and Rusty Meyer stays on the board.

  • TruArc Partners Invests in Watchtower Security
    December 14, 2023
    Buyer
    TruArc Partners
    Target
    Watchtower Security, LLC
    Industry
    Professional Services
    Location
    Missouri, United States
    Type
    Buyout

    TruArc Partners, a New York-based private equity firm, has invested in Watchtower Security, a St. Louis‑area provider of managed video surveillance and asset protection solutions for the multi‑family housing industry. Terms were not disclosed; TruArc cited Watchtower's recurring, proprietary platform and service model as strategic fits for its portfolio.

  • Northwinds Services Group Acquires All-Temp Systems Mechanical, Inc.
    August 18, 2023
    Buyer
    Northwinds Services Group, TruArc Partners
    Target
    All-Temp Systems Mechanical, Inc.
    Seller
    Robert G. Zagame Jr.
    Industry
    HVAC & Mechanical
    Location
    Massachusetts, United States
    Type
    Addon

    Northwinds Services Group has acquired All-Temp Systems Mechanical, Inc., a Milford, Massachusetts HVAC company founded in 1982. The deal is an add-on to Northwinds' HVAC and plumbing platform (PE-backed by TruArc Partners) and expands Northwinds' service footprint in eastern Massachusetts and the New England region.

  • TruArc Partners Invests in Trademark Cosmetics, Inc.
    April 19, 2023
    Buyer
    TruArc Partners
    Target
    Trademark Cosmetics, Inc.
    Industry
    Manufacturing
    Location
    California, United States
    Type
    Buyout

    TruArc Partners, a New York-based private equity firm, has made a control investment in Trademark Cosmetics, Inc. (TCI), a Riverside, California contract manufacturer of beauty and personal care products. TruArc will partner with founder David Ryngler, appoint Kristopher Dover as CEO, and support TCI's organic growth and acquisition strategy to scale the platform nationally.

  • BlackHawk Industrial Acquires Stock'd Supply
    April 10, 2023
    Buyer
    BlackHawk Industrial, TruArc Partners
    Target
    Stock'd Supply
    Seller
    Nebraska Heavy Industries, Midwest Growth Partners
    Industry
    Industrial Services
    Location
    Tennessee, United States
    Type
    Addon

    BlackHawk Industrial, a portfolio company of TruArc Partners, has acquired Stock'd Supply, a Chattanooga-based distributor of fasteners and value-added industrial services. The add-on expands BlackHawk's national footprint with Stock'd's nine locations and ~101 employees, enhancing its technical services, VMI and supply-chain capabilities; financial terms were not disclosed.

  • Molded Devices (MDI) Acquires GlobalMed's Medical Tubing Operations from Schauenburg
    November 9, 2022
    Buyer
    Molded Devices, Inc. (MDI), TruArc Partners
    Target
    GlobalMed Inc., Schauenburg‑Truplast Hose Technology Ltd.
    Seller
    Schauenburg Hose Technology Group, Schauenburg Technology SE
    Industry
    Medical Devices
    Location
    Ontario, Canada
    Type
    Addon

    Molded Devices, Inc. (MDI), majority‑owned by TruArc Partners, acquired GlobalMed Inc. (Canada) and Schauenburg‑Truplast (China) from Schauenburg Hose Technology. The deal expands MDI’s extrusion and tubing capabilities for medical device OEMs, adding GlobalMed’s Canadian and Chinese production footprint and management team to MDI’s global manufacturing platform. Financial terms were not disclosed.

Related Acquisition Pages

Manufacturing Buyers & Acquisitions 7 tracked deals by TruArc Partners. Industrial Services Buyers & Acquisitions 3 tracked deals by TruArc Partners. Consumer Products Buyers & Acquisitions 2 tracked deals by TruArc Partners. Medical Devices Buyers & Acquisitions 2 tracked deals by TruArc Partners. Acquisitions in Ohio 3 tracked deals by TruArc Partners. Acquisitions in California 2 tracked deals by TruArc Partners. Acquisitions in Missouri 2 tracked deals by TruArc Partners. Acquisitions in Pennsylvania 2 tracked deals by TruArc Partners.

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