TruArc Partners Announces Formation of Northwinds Services Group
New York, NY – TruArc Partners (“TruArc”), a private equity firm that partners with middle market companies with significant growth potential, announces the formation of Northwinds Services Group (“Northwinds” or “The Company”). Northwinds was formed to create a differentiated HVAC and plumbing services provider focused on serving both residential and commercial customers in the Northeast, Mid-Atlantic and Midwest. The Company focuses on high quality technician training and providing its customers with exceptional technical expertise and service.
Northwinds currently consists of several respected HVAC and plumbing brands, anchored by Isaac Heating & Air Conditioning (“Isaac”). In May of 2021, TruArc made a significant investment in Isaac, one of the nation’s largest family-owned HVAC companies. Isaac’s long history, focus on exceptional employee engagement and a customer-first approach have differentiated the company in Western and Central New York for 75 years. Northwinds now consists of several regional businesses which fit the platform service philosophy and expand its geographic footprint. In September 2022, TruArc appointed Harry Carpenter CEO of Northwinds.
“We are extremely excited by the significant progress at Northwinds to date. We believe that the Northwinds leadership team brings unique experience that will unlock significant market potential in each region the Company operates in,” said Brandon Kiss, Partner at TruArc.
“As Northwinds, we’re in a unique position to help local HVAC, plumbing and home services businesses transition to their next stage of growth,” says Harry Carpenter, Northwinds CEO. “With a laser focus on operational excellence and customer service, we partner with local owners to preserve and grow their legacy.”
About Northwinds Services Group
Northwinds is an industry-focused HVAC and plumbing services platform that enables owners to realize their existing business value, preserve and grow local brand legacy, and offer additional participation in future financial success. With years of operating experience in the industry, Northwinds is committed to helping businesses reach their full potential. To learn more about Northwinds, visit www.northwindsservices.com.
About TruArc Partners
TruArc Partners is a private equity firm focused on middle-market control investments. TruArc focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The TruArc investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. To learn more about TruArc visit www.truarcpartners.com.
