Fundraising Fox

Truelink Capital

Private equity

Los Angeles · 2 people tracked

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Investment thesis

Truelink Capital is a private equity firm targeting the Business Services and Industrials verticals, including environmental, infrastructure, commercial and industrial services, financial technology, tech-enabled services, software, business process outsourcing, IT services, education technology, building products, chemicals, industrial technology, industrial distribution, manufacturing, packaging, and transportation and logistics. The firm applies a tested, modularized operational playbook developed over decades of hands-on private equity investing, deploying internal and external resources and strong management talent to drive value creation across the life of a deal. ESG principles are integrated into its diligence and reporting, aiming to leave companies and communities better than it found them.

Source: firm website, verified Aug 25, 2026.

HQ
Los Angeles, US
Instruments
Equity
AUM
$4.2B
Tracked investments
16

Team · 2 people

from the firm's website

What they invest in

from 13 of 16 portfolio companies

Advanced Manufacturing ×6Construction Tech ×5AdTech ×3Consumer ×3Marketing Tech ×3AI & Machine Learning ×1B2B Marketplaces ×1E-commerce ×1

HQs:United States×5

Investments · 16 tracked

founders shown can be your intro path
Air Distribution Technologiesairdistribution.com
Ansiraansira.comin

Ansira offers a unified, AI-infused platform combined with human expertise for brand-to-local marketing, covering partner marketing, incentive management, local demand generation, and customer engagement.

AdTechMarketing TechSaaS

Co-investorsTech Wildcatters

Channel Factorychannelfactory.cominJun 2018

Channel Factory operates an AI-powered contextual advertising platform that curates brand-suitable channels and videos for video ad campaigns across YouTube, Meta, TikTok, and CTV.

AdTechAI & Machine LearningMarketing TechHacienda Heights, US

Flippflipp.comin

Flipp is a shopping app and marketplace that aggregates weekly digital flyers, coupons, and deals from over 2,000 retailers, letting consumers browse offers, clip digital coupons to loyalty cards, and build shopping lists.

ConsumerMarketplacesRetail Tech

Co-investorsGarage Capital

GESges.comin

GES is a global exhibition and trade show management company providing show services for organizers, agencies, and exhibitors, including rental exhibits, custom builds, and scalable multi-show solutions.

Media & Entertainment

Horwitzhorwitzllc.comin

Horwitz provides mechanical, electrical, plumbing, building automation, mechanical insulation, and industrial ventilation services for commercial, industrial, and institutional facilities.

Advanced ManufacturingConstruction Tech

J T Thorpejtthorpegroup.comin

JT THORPE Group is a holding company providing specialized industrial services—including refractory, fireproofing, scaffolding, insulation, coatings, and mechanical solutions—for maintaining and extending the life of critical industrial assets.

Advanced ManufacturingConstruction TechEnergySalt Lake City, US

Co-investorsH.I.G. Capital

Lyonslyonsmagnus.comin𝕏

Lyons Magnus manufactures food products and ingredients for the foodservice and ingredient industries, serving restaurant and food brands in the United States.

Advanced ManufacturingConsumerFoodTech

Co-investorsPaine Schwartz PartnersWP Global Partners

Prime Electricprimee.comin

PRIME is an electrical construction company providing design, installation, and maintenance of commercial electrical systems, along with emergency service calls and underground, traffic, and utility services.

Construction Tech

R/GArga.comin𝕏

R/GA is a design and technology agency that builds brand systems for businesses, combining strategy, creative craft, and technology to help clients with differentiation, customer value, and growth.

AdTechMarketing Tech

Richardsonrichardson.com

Richardson is a sales training organization that provides consultative selling, negotiation, and sales presentation programs, delivered through AI-enabled learning with data and analytics.

EdTechFuture of WorkSales Tech

Richardson Sales Performance

Global sales training and performance improvement provider combining proprietary IP, digital technology and a data-driven approach for large enterprise clients.

Southerncarlsonsoutherncarlson.comin

SouthernCarlson supplies construction fasteners, tools, packaging, and related products along with services such as plant installs, takeoffs, and deliveries.

Advanced ManufacturingB2B MarketplacesConstruction Tech

Co-investorsKelso

Trulitetrulite.comin𝕏

Trulite manufactures architectural glass and aluminum products, including curtain wall systems used in large-scale construction projects such as stadiums and arenas.

Advanced ManufacturingConstruction TechNew Materials

Zepzep.comin𝕏

Zep sells cleaning and maintenance products, including degreasers, solvents, lubricants, hand cleaners, and specialty cleaners, through an online store.

Advanced ManufacturingConsumerE-commerce

Portfolio news

latest coverage across their companies

Fund performance · per public LP disclosures

as of Sep 2025
FundVintageCommittedNet IRRTVPIDPI
Truelink Capital I, L.P.LPs: San Diego City Employees' Retirement System202359.0%1.43x0.12x

Source: public limited-partner disclosures (CalPERS, CalSTRS). Net IRR / TVPI / DPI as reported by the limited partner; a fund's early-year IRR is an interim estimate (J-curve).

Frequently asked questions

How many investments has Truelink Capital made?
Truelink Capital has 16 tracked investments.
What sectors does Truelink Capital focus on?
Truelink Capital focuses on Advanced Manufacturing, EdTech, Enterprise Software, Fintech, Logistics & Supply Chain, New Materials, SaaS.
Where is Truelink Capital located?
Truelink Capital is headquartered in Los Angeles, US.
Who does Truelink Capital co-invest with?
Truelink Capital most often shares deals with Garage Capital, H.I.G. Capital, Kelso, among 6 tracked co-investors.

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