- Spray-Tek partnered with Aurora in 2021
- William Blair served as financial advisor to TRuCapSol on the transaction
- Based in Los Angeles, Aurora Capital invests in the middle market
Spray-Tek, which is backed by Aurora Capital, has acquired TRuCapSol, a Pennsylvania-based-encapsulation delivery system provider. No financial terms were disclosed.
Spray-Tek is a provider of specialized spray drying and ingredient processing solutions.
“TRuCapSol shares our unwavering commitment to exceptional service and has a proven track record of engaging directly with its blue-chip customer base to deliver exceptional results, said David Brand, president and CEO of Spray-Tek in a statement. “We welcome the TRuCapSol team and look forward to leveraging their capabilities and expertise to take advantage of market tailwinds across an expanded customer base and wider set of applications.”
Spray-Tek partnered with Aurora in 2021.
William Blair served as financial advisor and McDermott Will & Emery LLP served as legal advisor to TRuCapSol on the transaction. Massumi + Consoli LLP served as legal advisor to Spray-Tek.
Based in Los Angeles, Aurora Capital invests in the middle market. The firm has $5 billion in assets under management.