Deal Details
TruArc Acquires Meyer Lab
Summary
TruArc Partners (“TruArc”) recently completed the acquisition of Meyer Laboratory, Inc. (“Meyer Lab” or the “Company”). Terms of the transaction were not disclosed.
Baird served as exclusive financial advisor to TruArc on this transaction.
About
TruArc is a private equity firm focused on middle-market investments. TruArc focuses on companies in attractive sub-sectors across specialty manufacturing and business services. The TruArc investment team collaborates with its operating partners and portfolio management teams to create value through a transformational growth strategy led by organic or acquisition-driven growth. TruArc is headquartered in New York, New York.Meyer Lab is a manufacturer and distributor of industrial and institutional (I&I) cleaning chemicals and application systems. The Company delivers cleaning solutions to customers in multiple industrial and manufacturing markets who require clean, functioning equipment and facilities to operate their business. Meyer Lab’s core chemical solutions include degreasers, disinfectants and sanitizers as well as products for broader cleaning needs. Leveraging its expansive network of sales representatives and local depots, the Company routinely delivers and services its customers’ facilities. Meyer Lab is headquartered in Kansas City, Missouri.
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- Date
- March 2024
- Company
- TruArc Partners
- Transaction
- M&A - Buyside
- Sectors
- Industrial
- Verticals
-
Specialty Materials & Chemicals
- Target Geography
- North America
- Acquiror Geography
- North America
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