TruArc Partners Invests in New Directions Aromatics
February 15, 2022
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.
- Buyers
- TruArc Partners
- Targets
- New Directions Aromatics
- Industry
- Consumer Products
- Location
- Ontario, Canada
- Transaction Type
- Buyout
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