Founded in 1918, Horwitz maintains a specialized workforce of approximately 720 employees, including 540 technicians who handle over 10,000 annual service engagements. The firm provides HVAC, electrical, and building automation solutions for mission-critical facilities, ranging from healthcare campuses to advanced semiconductor fabrication plants. Under the new ownership structure, CEO Matt Dekkers will continue to lead the business and retain a meaningful equity stake alongside the private equity firm.
Truelink Capital Acquires Stake in Minneapolis MEP Provider Horwitz
Los Angeles-based private equity firm Truelink Capital has finalized a definitive agreement to acquire a significant interest in Horwitz, a century-old mechanical, electrical, and plumbing services provider. The partnership aims to scale the Minneapolis-based company’s reach across the Midwest’s high-growth data center and semiconductor manufacturing sectors.
Luke Myers, co-founder of Truelink Capital, noted that the investment aligns with the firm’s strategy of accelerating growth for industrial service providers through operational improvements and targeted acquisitions. This transaction represents the 12th platform investment for Truelink’s inaugural fund since its 2022 inception. While the specific financial terms of the deal remain undisclosed, the move positions Horwitz to expand its service lines—currently divided into maintenance, retrofits, and new systems—within the fragmented regional MEP market.
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