Horwitz, a leading provider of integrated mechanical, electrical, plumbing, and specialty building systems for complex commercial and industrial facilities, announced a strategic investment and partnership with Truelink Capital, a Los Angeles-based private equity firm focused on investing in and growing market-leading industrial and business services companies.
The investment, which closed on July 1, marks an important milestone in Horwitz’s more than 100-year history and positions the company for its next phase of growth. The partnership strengthens Horwitz’s ability to invest in its people, expand its capabilities, and continue delivering the exceptional service customers have come to expect while reinforcing its long-standing commitment to employees, customers, and the communities it serves.
CEO Matt Dekkers and Horwitz’s leadership team will continue leading the company, ensuring continuity in its vision, leadership, and customer-first approach. The transaction also marks the successful conclusion of Horwitz’s partnership with Svoboda Capital Partners, which invested in the company in 2022 to support its growth. As part of the transaction, Svoboda has exited its investment in Horwitz.
“Partnering with Truelink Capital marks an exciting new chapter for Horwitz,” said Matt Dekkers, Chief Executive Officer of Horwitz. “For more than a century, we’ve built our business around our people, our customers, and doing the right thing. With Truelink’s support, we’re well positioned to build on that foundation by investing in our team, expanding our capabilities, and continuing to deliver the quality, expertise, and service our customers rely on every day.”
The partnership brings together Horwitz’s century-long legacy of technical expertise and customer service with Truelink Capital’s experience supporting industrial and business services companies. Together, the organizations are well positioned to build on Horwitz’s strong recurring service business, deep technical expertise, and long-standing customer relationships while pursuing strategic opportunities for continued growth.
“Horwitz has built an outstanding reputation through its technical expertise, customer relationships, and exceptional team,” said Luke Myers, Co-Founder and Managing Partner of Truelink Capital. “We are excited to partner with Matt and the entire Horwitz organization to support the company’s long-term growth, invest in its people and capabilities, and help build on the strong foundation that has made Horwitz an industry leader.”
The partnership supports Horwitz’s long-term strategy of investing in its workforce, expanding its service capabilities, strengthening operational excellence, and pursuing strategic growth opportunities. Customers will continue working with the same leadership team and trusted experts they know today while benefiting from the additional resources and investment this partnership provides.
About Horwitz
Founded in 1918, Horwitz is a leading provider of mechanical, electrical, plumbing, and building automation services headquartered in Minneapolis, Minnesota. Serving customers throughout the Midwest, Horwitz specializes in complex commercial and industrial facilities across healthcare, data centers, advanced manufacturing, semiconductor fabrication, medtech, and other mission-critical markets. The company delivers comprehensive solutions spanning service and maintenance, retrofit and upgrade projects, and new construction. Learn more at www.horwitzllc.com.
About Truelink Capital
Truelink Capital is a private equity firm based in Los Angeles. Truelink pairs deep industry experience in the industrials and business services sectors with a commitment to building partnerships that drive long-term value through an operationally focused strategy. Truelink partners with management, corporate sellers, and founders to accelerate growth through the execution of strategic initiatives and transformative add-on acquisitions. Learn more at: www.truelinkcap.com.
