Tracked deals
20
20 tracked deals across 2022-2026.
Private Equity Firm
Financial Services
Truelink Capital
Los Angeles, California, United States
Truelink Capital is a private equity firm committed to building partnerships to drive long-term value. Truelink partners with management teams to accelerate growth.
- Focus Areas
- Private equity
- Website
- truelinkcap.com
Recent pace
6
6 tracked deals announced in the last 12 months.
Deal mix
Buyout
10 buyout · 7 addon · 2 divestiture
Truelink Capital Acquisition Volume by Year
Last 5 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
Showing the 12 most recent of 20 tracked deals for Truelink Capital.
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August 2, 2026
- Buyer
- Truelink Capital
- Target
- JT Thorpe Group
- Seller
- H.I.G. Capital
- Industry
- Industrial Services
- Location
- Utah, United States
- Type
- Buyout
Truelink Capital acquired JT Thorpe Group from H.I.G. Capital, with JT Thorpe CEO Kevin Howard and the management team retaining a significant ownership stake. The transaction was completed on September 3, 2026; Truelink plans to support the company’s organic growth and pursue strategic acquisitions.
-
July 20, 2026
- Buyer
- Truelink Capital
- Target
- Lyons Magnus
- Seller
- Paine Schwartz Partners
- Industry
- Manufacturing
- Location
- California, United States
- Type
- Buyout
Truelink Capital acquired Lyons Magnus, a Fresno-based manufacturer of specialty ingredients, beverage ingredients, and healthcare nutrition solutions, from Paine Schwartz Partners. The transaction closed on July 20, 2026; financial terms were not disclosed in the announcement.
-
- Buyer
- Truelink Capital
- Target
- Horwitz
- Seller
- Svoboda Capital Partners
- Industry
- Industrial Services
- Location
- Minnesota, United States
- Type
- Growth capital
Truelink Capital entered into a definitive agreement to make a significant investment in Horwitz, a Minneapolis-based provider of mechanical, electrical, and plumbing (MEP) services serving complex commercial and industrial facilities across the Twin Cities and broader Midwest. Horwitz’s management team, led by CEO Matt Dekkers, will continue to lead the business and retain a significant ownership stake. Financial terms were not disclosed.
-
May 5, 2026
- Buyer
- SouthernCarlson, Truelink Capital
- Target
- W Construction Supply
- Industry
- Industrial Services
- Location
- Ohio, United States
- Type
- Addon
SouthernCarlson announced its acquisition of W Construction Supply, adding rebar fabrication capabilities to its platform. The deal is SouthernCarlson’s second add-on acquisition in three months since partnering with Truelink Capital, and financial terms were not disclosed.
-
February 10, 2026
- Buyer
- Truelink Capital
- Target
- SouthernCarlson, Inc.
- Seller
- Kyocera Corporation
- Industry
- Industrial Services
- Location
- Nebraska, United States
- Type
- Buyout
Truelink Capital acquired SouthernCarlson, a U.S. distributor and service provider of construction and industrial fasteners, tools, and consumable supplies, from Kyocera Corporation. Bain Capital Credit and Private Credit at Goldman Sachs Alternatives provided financing support via a senior secured credit facility.
-
January 8, 2026
- Buyer
- Truelink Capital
- Target
- Prime Electric
- Seller
- WestView Capital Partners
- Industry
- Electrical Services
- Location
- Washington, United States
- Type
- Buyout
Truelink Capital has acquired a majority stake in Prime Electric from WestView Capital Partners; financial terms were not disclosed. Prime Electric, founded in 1987 and headquartered in Bellevue, Washington, is a leading West Coast electrical contractor serving data center, technology, healthcare, commercial and industrial clients. The deal positions Prime for continued regional expansion and capability growth under Truelink's ownership while WestView remains involved.
-
- Buyer
- Truelink Capital
- Target
- Zep, Inc.
- Seller
- New Mountain Capital, Affiliates of New Mountain Capital
- Industry
- Manufacturing
- Location
- Georgia, United States
- Type
- Buyout
Los Angeles-based private equity firm Truelink Capital has acquired Zep, Inc., a manufacturer of maintenance, cleaning, and sanitation solutions, from New Mountain Capital. Zep, headquartered in Atlanta with more than 1,400 employees and 23 facilities worldwide, will operate under Truelink as a platform to accelerate growth through operational improvements, product innovation, and strategic M&A.
-
March 3, 2025
- Buyer
- Truelink Capital
- Target
- R/GA
- Seller
- Interpublic Group
- Industry
- Marketing & Advertising
- Location
- New York, United States
- Type
- Divestiture
Truelink Capital, a private equity firm, has acquired R/GA, the creative innovation company, from Interpublic Group. Financial terms were not disclosed; Interpublic said the sale lets it sharpen focus on its core strategic offerings.
-
February 3, 2025
- Buyer
- Trulite, Truelink Capital
- Target
- Dependable Glass Works
- Seller
- Norman Foxworth
- Industry
- Building Products
- Location
- Louisiana, United States
- Type
- Addon
Trulite, a Truelink Capital-backed architectural glass and aluminum fabricator, acquired Dependable Glass Works of Covington, Louisiana effective February 3, 2025. The deal is an add-on to Trulite's platform to expand its geographic footprint along the I-10 corridor and enhance local fabrication and installation capabilities.
-
January 31, 2025
- Buyer
- Trulite, Truelink Capital
- Target
- Insulite Glass Company
- Seller
- Beau Guyette
- Industry
- Building Products
- Location
- Kansas, United States
- Type
- Addon
Trulite, a North American architectural glass and aluminum solutions provider backed by Truelink Capital, acquired Insulite Glass, a regional glass fabricator headquartered in Olathe, Kansas, effective January 31, 2025. The add-on purchase expands Trulite's geographic footprint and product offering in the Midwest while providing additional investment to grow Insulite's operations.
-
October 21, 2024
- Buyer
- Truelink Capital
- Target
- GES
- Seller
- Viad Corp
- Industry
- IT Services
- Location
- United States
- Type
- Buyout
Viad Corp entered into and subsequently closed the sale of its GES exhibition services and experiential marketing business to Truelink Capital for $535 million. After closing, GES operates as a privately owned, standalone company within Truelink’s portfolio.
-
September 19, 2024
- Buyer
- Flipp Operations Inc., Truelink Capital, Insight Ventures, Bregal Unternehmerkapital, Highland Europe
- Target
- MEDIA Central Group
- Seller
- Funds advised by Bregal Unternehmerkapital
- Industry
- Marketing & Advertising
- Location
- Canada
- Type
- Addon
Flipp Operations Inc. and MEDIA Central Group have completed their previously announced merger, effective November 5, creating a global leader in drive-to-store marketing. The combined group is backed by majority owner Truelink Capital and includes Insight Ventures, Bregal Unternehmerkapital, and Highland Europe as key partners.
Related Acquisition Pages
Building Products Buyers & Acquisitions
4 tracked deals by Truelink Capital.
Industrial Services Buyers & Acquisitions
4 tracked deals by Truelink Capital.
Marketing & Advertising Buyers & Acquisitions
4 tracked deals by Truelink Capital.
Manufacturing Buyers & Acquisitions
3 tracked deals by Truelink Capital.
Acquisitions in Georgia
3 tracked deals by Truelink Capital.
Acquisitions in California
1 tracked deal by Truelink Capital.
Acquisitions in Illinois
1 tracked deal by Truelink Capital.
Acquisitions in Kansas
1 tracked deal by Truelink Capital.
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