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Adept.
Flexible.
True West provides wisely structured capital and guidance to help middle-market companies realize their full potential.
We partner with people, not companies. Those who share our belief that the long-view beats the short-term; that the value of a relationship is equal to any sum on a balance sheet; that the company we keep is the best measure of the company we are.
 
Spring 2024
Holding True.

Well into 2024, the debt capital markets remain open, but more selective and expensive. We continue to make the most of this business climate by honing the strategies responsible for the success of our first two funds. Focus pays. True West Fund III has made twenty four investments to date. The coming year is shaping up to be every bit as promising. With a newly expanded team, we expect to be even more effective.

Our experience navigating the ups and downs of multiple economic cycles affirms our investment philosophy. Tactics change when markets are in flux, but our approach continues to provide flexibility without compromising the rigor of our discipline. And there are always smart business owners worthy of our resources and focus.

News from Out West

July 2024

Join us in welcoming Alysa Xu to the True West team.

We are pleased to introduce our newest intern Alysa Xu. Alysa is a rising junior studying Business Administration at USC. She has prior experience working in both finance and consulting through previous internships and student organizations on campus. We look forward to mentoring Alysa, and to the positive energy is already bringing to our team. >
May 2024

Washington Metal Fabricators

We are pleased to announce the closing of our recent investment in True West Fund III, Washington Metal Fabricators. Founded in 1979, Washington Metal Fabricators offers an array of metal fabrication, CNC machining, assembly and engineering services that cater to customers of all sizes with capabilities covering welding, cutting, forming, and finishing. True West provided first lien debt and equity to support the acquisition of Washington Metal Fabricators, a portfolio company of House Rock Capital Partners. The transaction closed in February 2024. Washington Metal Fabricators >
April 2024

Globe Machine Manufacturing

We are pleased to announce the closing of our recent investment in True West Fund III, Globe Machine Manufacturing. Founded in 1917, Globe Machine Manufacturing is a custom factory solutions provider for complex process manufacturing equipment serving the building products, composites, pulp & paper, robotics, and industrial end markets. True West provided equity to support the investment by Westward Partners. The deal closed in April 2024. Globe >
January 2024

Canvas

We are pleased to announce the closing of our recent investment in True West Fund III, Canvas. Founded in 2007, Canvas provides a mixture of engineering and technical services along with lifecycle management and programmatic services to various defense and intelligence community organizations. True West provided first lien debt and equity to support the strategic investment in Canvas, a portfolio company of Artinia Group. The transaction closed in January 2024. Canvas >