Profile
True North Equity LLC is a private equity firm based in Birmingham, Michigan, founded in 2008. The firm was established by Jeff Wigginton, a well-experienced investment professional who also manages the firm’s daily operations. Jeff is supported by Brent Wolgast, who joined in 2024 after working with BlueWater Equity Partners. True North Equity is distinguished by its focus on acquiring utility service companies within the United States, especially those involved in natural gas distribution infrastructure. It partners closely with management teams to support growth and development.
The firm primarily targets middle-market companies with an EBITDA range of $1M-$10M, with flexibility to consider larger or smaller opportunities case-by-case. True North Equity specializes in taking majority equity ownership and focuses its investment efforts within the continental U.S. The firm does not adhere to a defined investment horizon, allowing greater flexibility in how long it holds assets.
Notable portfolio companies include Summit Underground - a construction and repair service, EnviroSET - focused on environmental solutions, and previous investments in PowerTeam and KS Energy. True North Equity designs creative transaction structures that align with its strategic objectives and shareholder needs.
Industry
Contacts
Instant access on the web. Plans from $129/month — see pricing.