TruArc Partners Acquires Molded Devices
August 8, 2022
TruArc Partners, a New York–based private equity firm, acquired Molded Devices, Inc., a Tempe, Arizona–headquartered manufacturer of precision plastic and rubber components, from PNC Mezzanine Capital and founder Brian Anderson. TruArc said the acquisition supports its specialty manufacturing strategy and will help deepen Molded Devices' capabilities and exposure to the medical OEM market.
- Buyers
- TruArc Partners
- Targets
- Molded Devices, Inc.
- Sellers
- PNC Mezzanine Capital, Brian Anderson
- Industry
- Manufacturing
- Location
- Arizona, United States
- Transaction Type
- Buyout
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