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  5. Spray-Tek Acquires TRuCapSol

M&A Deal Summary

Spray-Tek Acquires TRuCapSol

On August 7, 2023, Spray-Tek acquired business services company TRuCapSol

Acquisition Highlights
  • This is Spray-Tek’s 1st transaction in the Business Services sector.
  • This is Spray-Tek’s 1st transaction in the United States.

M&A Deal Summary
Date 2023-08-07
Target TRuCapSol
Sector Business Services
Buyer(s) Spray-Tek
Deal Type Add-on Acquisition
Advisor(s) William Blair (Financial)
McDermott Will & Emery (Legal)

Target

TRuCapSol

United States
TRuCapSol is a microencapsulation company that produces environmentally friendly capsules, utilizing patented processes that decrease waste and improve the effectiveness of customers' formulations. The capsules are used in consumer and nutritional products, including fragrances, essential oils, and pharmaceuticals.

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Buyer(S) 1

Buyer

Spray-Tek

Middlesex, New Jersey, United States
Category Company
Founded 1980
Sector Chemicals
DESCRIPTION

Spray-Tek is an independent provider of specialty spray drying and ingredient processing solutions to the food and beverage, nutritional, pharmaceutical, nutraceutical, beauty & personal care, household products and soft chemical industries. Spray-Tek was founded in 1980 and is based in Middlesex, New Jersey.

DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2023 M&A 1 of 1
Mergr

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