Aurora-Backed Spray-Tek Acquires TRuCapSol
August 7, 2023
Spray-Tek, a specialty spray-drying and ingredient processing platform backed by Aurora Capital Partners, has acquired TRuCapSol, a developer of biodegradable microencapsulation technologies. The acquisition adds TRuCapSol's patented biodegradable capsule IP and R&D capabilities to Spray-Tek's ingredient processing platform to expand addressable markets across personal care, nutraceuticals and pharmaceuticals.
- Buyers
- Spray-Tek, Aurora Capital Partners
- Targets
- TRuCapSol
- Platforms
- Spray-Tek
- Industry
- Manufacturing
- Location
- Pennsylvania, United States
- Transaction Type
- Addon
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