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Buyout PE

True West Capital

True West Capital acquires controlling stakes in established, profitable businesses, from Los Angeles, United States. It states a focus on industrials & manufacturing, business & professional services, consumer & retail and healthcare & life sciences.

Capital raised$89macross 2 SEC-filed vehicles
Most recent fund2024filing since 2020
HeadquartersLos Angeles, United States
Largest single fund$47m

Stated investment criteria

What True West Capital says it buys

Read from True West Capital’s own website in August 2026. This is what the firm says it buys, not what anyone has recorded it buying, and figures are shown in the currency the firm itself used - nothing here is converted. Every line links to the page it was read from.

Transaction typesRecapitalisation1
OfficesChesapeake, Houston1
People listed on its team page82

A stated mandate is a firm’s description of itself and was true of the page on the day it was read; firms widen and narrow what they will look at without updating the site. The team figure counts the people the firm shows on one team page, so it is a floor rather than a headcount: firms that split their team across tabs or load it in pages will read low. Nothing here is a commitment by True West Capital to consider any particular business, and nothing on this page is represented as being for sale.

SEC filings

What True West Capital has raised

From this firm's own Form D filings. A fund files one within fifteen days of its first sale, under penalty of perjury, which makes these the hardest numbers on the page.

Vehicles filed2
Total capital raised$89m
Largest single vehicle$47m
Filing history2020 to 2024
Smallest accepted commitmentNone stated
Filed fromOREGON

Form D covers US-domiciled vehicles raised from accredited investors. It will not capture a fund raised outside the United States, separately managed accounts, or capital deployed off balance sheet, so treat these as a floor rather than a total.

Regulatory record

How True West Capital is registered

From this firm's Form ADV, the annual filing every registered and exempt investment adviser makes to the SEC.

Adviser statusExempt reporting adviser
Regulatory assets under managementNot reported by an ERA
Private funds advised2 · $272m gross
SEC adviser numberCRD 160825

An exempt reporting adviser is not required to report regulatory assets under management, so the blank above means the question was not asked rather than that the answer is unknown. Where a figure exists it is the gross asset value of the private funds the firm advises, which is a different and usually larger measure.

Portfolio

Disclosed holdings

Companies True West Capital lists on its own website. 4 carry a stated investment year.

CompanyInvestedYears heldRecorded transaction
TMMG20251
Texas Injection Molding20251
Weathermatic20251
PAMCO20260
AMP
All Metals Processing
Alpha Broadcasting
American Crafts
Aqua-Chem
Astech
Avkem
BIG
Beauty Industry Group
Bulk Handling Systems
C&K Market
CEO Warrior
Caputo Cheese
Create & Cultivate
DW Drums
Dickens Quality
ENTEK
Eastern Dental
Ebakery
Equality Health
Evriholder
Franchise Creator
Future Tech Metals
GlobalWide Media
Globe Machine
InSite Telecom
Kaemark
Lief Labs
Marine Floats
McCay Tool
Modern Health
OneCor
Pacific Defense
Peltram Plumbing
Perimeter Security Partners
Quik Pik Towing
Venio Systems
Vigor
Wheat Montana
Whiplash
alphamediausa.com
c2gi.com
canvas-inc.com
capcoinc.com
cheservices.com
comp-eyecare.com
eatpetes.com
erigroup.com
essexandco.com
frommbeauty.com
huntnsons.com
ljcsc.com
luckystrikeent.com
newbathtub.com
statewidesweeping.com
us.com
victhepicc.com
washmetfab.com

Compiled from True West Capital’s published portfolio page. Where a recorded transaction is shown, that company was the target of a reported deal and has most likely already been realised. Nothing here is represented as being for sale.

Valuation context

Transaction values in Industrials & Manufacturing

What companies have actually sold for in industrials & manufacturing, across 1,298 recorded transactions.

Median consideration$110m
Middle 50%$32m-$303m
Revenue multiple1.2×
EBITDA multiple8.05×

The full industrials & manufacturing picture - most active acquirers, recent transactions and every investor in the sector.

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Comparable investors

Similar mandates

Other buyout pe investors active in industrials & manufacturing.