New Directions Aromatics Acquires Aromatic Fragrances International

TruArc Partners Invests in New Directions Aromatics

February 15, 2022

Consumer Products

TruArc Partners, a U.S.-based middle-market private equity firm, has made a strategic investment in New Directions Aromatics, a Toronto-area supplier of natural and organic raw materials to the cosmetics, health & beauty and personal care markets. The partnership will provide capital and operating support to expand capabilities, pursue add-on acquisitions, and accelerate growth; TruArc operating partners Don Sturdivant and John Schweig will join New Directions' board as co-chairmen.

Phoenix Flavors and Fragrances Acquires Innovative Fragrances Inc.

April 18, 2022

Consumer Products

Phoenix Flavors and Fragrances has acquired Innovative Fragrances Inc., an Atlanta-area developer and compounder of fragrance compounds serving home fragrance, personal care, candles and air freshener markets. The deal expands Phoenix's geographic footprint in the Southeast United States and strengthens its perfumery, regulatory and technical capabilities.

Aroma360 Acquires Assets of NextScent and Launches Aroma360 Pro

March 25, 2024

Marketing & Advertising

Aroma360 has acquired the assets of NextScent Inc. and launched a new commercial services division, Aroma360 Pro, to expand its enterprise scenting and air-care capabilities. The deal brings NextScent’s patented Ventus air-care system and executive team into Aroma360’s portfolio to support multi-location businesses, hotels, casinos and other large venues worldwide.

Orlandi, Inc. Acquires Aroma Release Technology's Consumer Products Sampling and Fragrance Coatings Business

December 1, 2023

Consumer Products

Orlandi, Inc. has acquired the consumer products sampling and fragrance coatings business of Tennessee-based Aroma Release Technology, Inc. The deal transfers ART's sampling and fragrance coatings product line to Orlandi and includes a new Orlandi lease in Chattanooga to support ongoing manufacturing and laboratory operations.

Danforth Advisors Acquires PharmaDirections

August 25, 2025

Healthcare Services

Danforth Advisors, a PE-backed life sciences advisory platform, has acquired PharmaDirections, a virtual drug development partner. The acquisition adds more than 150 specialists and expands Danforth's integrated capabilities across discovery, non-clinical and clinical development, CMC, regulatory strategy, and program and alliance management.

Inhance Technologies Acquires Advance Research Chemicals

October 14, 2021

Manufacturing

Inhance Technologies, a portfolio company of Aurora Capital Partners, has completed the acquisition of Advance Research Chemicals (ARC), a specialty chemicals and materials producer with production facilities in the United States and Mexico. The add-on expands Inhance's capabilities in high-purity specialty chemicals, custom synthesis and private-label manufacturing to serve end markets including medical batteries, semiconductors, 3D printing and pharmaceuticals.