Trulite Glass & Aluminum Solutions has been acquired by Truelink Capital, a Los Angeles-based private equity firm. Truelink acquired Trulite from an affiliate of Sun Capital Partners.
“At Truelink, we are focused on helping companies adapt, meet the business challenges of today and thrive — and that is exactly how our firm intends to support Trulite,” says Todd Golditch, co-founder and managing partner of Truelink. “Trulite is an industry leader, with an immensely talented team, experienced leadership and a strong customer value proposition. It has a solid foundation for growth, and we are enthusiastic about Trulite’s high-quality products, high-touch service and ability to capture the opportunities that lie ahead.”
Trulite, a fabricator and distributor of customized tempered, laminated, insulated and decorative glass, states that it will continue to deliver the same “high-quality products and solutions.” It will remain supported by its existing management team and its network of employees in 35 locations across the U.S. and Canada.
“Trulite has been on a journey to expand geographically, optimize operations and create a platform for scalability, which is a direct result of the hard work, persistence and determination of the Trulite team,” says Trulite CEO Kevin Yates. “Upon our first meeting with Truelink, it was evident that they believe in our business, our potential and — most importantly — our people.”
Yates, who was appointed CEO in 2018, says that the acquisition is necessary to unlock Trulite’s next phase of growth. Golditch adds that with additional investment, Trulite will be well-positioned to build upon its momentum and reach new heights.
Truelite is no stranger to acquisitions. Over the years, it has acquired several companies, including AGC Glass Company North America’s U.S. commercial fabrication assets, Texas Tempered Glass, and Western States Glass Corp., among others. The glass fabricator also found itself in the news in 2020 following the closure of its Wisconsin plant due to COVID-19 exposure.