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True North M&A

M&A Advisory Firm

Minneapolis, Minnesota HQ

Member since
2022
Deals they've closed
29
About
True North Mergers & Acquisitions, headquartered in Minneapolis, is a national sell-side and buy-side advisory firm spun out of Sunbelt Business Advisors in September 2021. TNMA's senior professionals have built, operated, and sold successful companies, allowing the firm to perform transactions…
Team (4)
Recent Transactions (29)
True North M&A
Air system balancing and testing, Air vent installation, Air-conditioning system (except window) installation, Bathroom plumbing fixture and sanitary ware installation, Blower or fan, cooling and dry heating, installation, Boiler chipping, cleaning and scaling, Central air-conditioning equipment installation, Central cooling equipment and piping installation, Central heating equipment and piping installation, Chilled water system installation, Chimney liner installation, Commercial freezer installation, Commercial refrigeration system installation, Commercial refrigeration system installation and maintenance, Cooling tower installation, Drain, waste and vent system installation, Drinking fountain installation, Duct work (e.g., cooling, dust collection, exhaust, heating, ventilation) installation, Dust collecting and bag house equipment installation, Exhaust system (e.g., kitchens, industrial work areas) installation, Fire sprinkler system installation, Fireplace, natural gas, installation, Furnace conversion
Advised

Anonymous

in their acquisition by

Anonymous

July 2025

True North M&A
Agile Project Management Tools, Agriculture Industry Hardware Technology, Agriculture Industry Software, API Management Tools, Automotive Industry Hardware Technology, Automotive Industry Software, Build Management, Business Process Management (BPM), Construction Industry Hardware Technology, Construction Industry Software, Continuous Integration / Continuous Deployment Tools, Integrated Development Environments (IDE), Internationalization Software, Other Software Development Tools, Programming Language Provider, Reporting and Data Visualization Software, Storage Devices (Enterprise), Transportation Industry Hardware Technology, Virtualization Software
Advised

Fargo Engineering

in their acquisition by

Legacy Ventures

July 2025

True North M&A
Office Supplies (except Paper) Manufacturing, Paper Manufacturing
Advised

Smead Manufacturing

in their acquisition by

TOPS Products

June 2025

True North M&A
Fabricated Metal Product Manufacturing
Advised

C4 Welding

in their acquisition by

Millerbernd

May 2025

True North M&A
Electric contracting, Home improvement (e.g., adding on, remodeling, renovating), Home renovation
Advised

Anonymous

in their acquisition by

Anonymous

January 2025

True North M&A
All Other Amusement and Recreation Industries, Amusement Parks and Arcades, Bowling Centers, Fitness and Recreational Sports Centers
Advised

Anonymous

in their acquisition by

Anonymous

January 2025

True North M&A
Packaging material distributors (wholesalers), Plastics foam packing and packaging materials distributors (wholesalers)
Advised

Anonymous

in their acquisition by

Anonymous

October 2024

True North M&A
Fabricated Structural Metal Manufacturing, Machine Shops, Metal Crown, Closure, and Other Metal Stamping (except Automotive), Plate work (e.g., bending, cutting, punching, shaping, welding), fabricated metal, manufacturing, Welding repair services (e.g., automotive, general)
Advised

Anonymous

in their acquisition by

Anonymous

June 2024

True North M&A
Fire and flood restoration of commercial and institutional buildings, Fire and flood restoration, multifamily building, general contractors, Fire and flood restoration, single-family housing, general contractors, Home repairs, e.g. roof, gutters, chimney, carpentry, window replacement, Roofing Contractors
Advised

Aspen Exteriors

in their acquisition by

Aquiline Capital Partners

June 2024

True North M&A
Hardware Manufacturing, Other Industrial Machinery Manufacturing
Advised

Anonymous

in their acquisition by

Anonymous

June 2024

True North M&A
Electric Power Transmission, Control, and Distribution, Electronic parts (e.g., condensers, connectors, switches) distributors (wholesalers), Electronic tubes (e.g., industrial, receiving, transmitting) distributors (wholesalers), Fasteners (e.g., bolts, nuts, rivets, screws) distributors (wholesalers), Fluid-power transmission equipment distributors (wholesalers), Hydraulic power transmission equipment distributors (wholesalers), Hydraulic pumps and parts distributors (wholesalers), Industrial controls, electrical, distributors (wholesalers), Insulated wire or cable distributors (wholesalers), Insulators, electrical, distributors (wholesalers), Integrated circuits distributors (wholesalers), Lugs and connectors, electrical, distributors (wholesalers), Meters, electrical, distributors (wholesalers), Motor controls, electric, distributors (wholesalers), Motors, electric, distributors (wholesalers), Pistons, hydraulic and pneumatic, distributors (wholesalers), Power transmission equipment, electrical, distribut
Advised

Anonymous

in their acquisition by

Anonymous

April 2024

True North M&A
Engineering design services, Fabricated Structural Metal Manufacturing, Prefabricated Metal Building and Component Manufacturing
Advised

Legacy Building Solutions

in their acquisition by

Argonaut Private Equity

February 2024

True North M&A
Cloud Storage Services, Information Technology (IT) security management solutions provider, Managed Service Providers (MSP), Other Cloud / Hosting Services, Technology Consulting Services, Website Hosting Services
Advised

Innovative Technology Partners

in their acquisition by

Cyber Advisors

November 2023

True North M&A
Health Care Services, Hospitals, Nursing and Residential Care Facilities, Veterinary Services
Advised

Skin Rejuvenation Clinic

in their acquisition by

CPP (Cosmetic Physician Partners)

August 2023

True North M&A
Food Manufacturing
Advised

Appert's Foodservice

in their acquisition by

Sysco

August 2023

True North M&A
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Other Support Services, Services to Buildings and Dwellings, Special Food Services, Warehousing
Advised

AAA Striping Service Co.

in their acquisition by

RSS (Road Safety Services)

August 2023

True North M&A
Chemical Manufacturing
Advised

Aero Colours

in their acquisition by

Meineke

August 2023

True North M&A
Architecture, Engineering, and Construction (ACE), Engineering Services (Non-Construction), Research and Development in the Physical, Engineering, and Life Sciences
Advised

EETN

in their acquisition by

Chroma Energy Group

August 2023

True North M&A
Forestry and Logging
Advised

O'Keefe Millwork

in their acquisition by

USA MillWork

August 2023

True North M&A
IT Services, Technology Consulting Services
Advised

IT Assist

in their acquisition by

Salt Creek Capital

August 2023

True North M&A
Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance, Electronic and Precision Equipment Repair and Maintenance, Other Support Services, Services to Buildings and Dwellings, Special Food Services, Warehousing
Advised

Labor All Personnel

in their acquisition by

Montu Driver solutions

August 2023

True North M&A
All Other Miscellaneous Manufacturing, Bicycles and parts manufacturing, Doll, Toy, and Game Manufacturing, Musical Instrument Manufacturing, Sporting and Athletic Goods Manufacturing, Tricycles, metal, adult and childrens, manufacturing, Vehicle, childrens, metal manufacturing
Advised

Dero Bike Racks

in their acquisition by

Playcore

August 2023

True North M&A
Building Finishing Contractors, Death Care Services, Electrical Contractors and Other Wiring Installation Contractors, House demolishing, Interior Design Services, Investigation, Guard, and Armored Car Services, Legal Services, Personal and Laundry Services, Residential cleaning services, Residential Property Managers, Security Systems Services, Travel Arrangement and Reservation Services
Advised

It's Just Lunch

in their acquisition by

ProprietorsCapital Holdings

August 2023

True North M&A
Aircraft Engine and Engine Parts Manufacturing, Dental Equipment and Supplies Manufacturing, Die sets for metal stamping presses manufacturing, Other Aircraft Parts and Auxiliary Equipment Manufacturing, Other Communications Equipment Manufacturing, Presses (e.g., bending, punching, shearing, stamping), metal forming, manufacturing
Advised

Anonymous

in their acquisition by

Anonymous

April 2023

True North M&A
Bank chests, metal, manufacturing, Chests, fire or burglary resistive, metal, manufacturing, Coolers or ice chests, plastics (except foam), manufacturing, Drums, plastics (i.e., containers), manufacturing, Glass Container Manufacturing, Hot tubs, plastics or fiberglass, manufacturing, Ice chests or coolers, urethane or other plastics foam (except polystyrene) manufacturing, Laundry tubs, metal, manufacturing, Laundry tubs, plastics, manufacturing, Metal Can, Box, and Other Metal Container (Light Gauge) Manufacturing, Safe deposit boxes and chests, metal, manufacturing, Trash containers, plastics, manufacturing, Utility containers (e.g., baskets, bins, boxes, buckets, dishpans, pails), plastics (except foam), manufacturing
Advised

Reliable Bronze & Mfg.

in their acquisition by

Temple Hall Group

August 2022

True North M&A
Ball and Roller Bearing Manufacturing, Bearings, plain (except internal combustion engine), manufacturing, Other Industrial Machinery Manufacturing
Advised

Anonymous

in their acquisition by

Anonymous

August 2022

True North M&A
Administration of Education Programs, Child Day Care Services, Civic and Social Organizations, Educational Services, Museums, Historical Sites, and Similar Institutions
Advised

Project Read

in their acquisition by

Pondera Holdings, LLC

June 2022

True North M&A
Education program administration, Elementary and Secondary Schools, University regents or boards, government
Advised

Anonymous

in their acquisition by

Anonymous

June 2022

True North M&A
Building materials supply dealers, Specialty building products wholesale distributor
Advised

Building Products Distributor

in their acquisition by

Strategic Buyer

December 2021

Sectors True North M&A serves:
Manufacturing
Consumer Goods
Industrials
Technology
Retail
Business Services
Distribution
Consumer Services
Telecommunications
Financial Services

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Member since
2022
Deals they've closed
29
Team (4)
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