Overview
International law firm McDermott represented TRuCapsol Holdings LLC on the sale of TRuCapSol LLC, a premier provider of biodegradable encapsulation technologies, to Spray-Tek, a portfolio company of Aurora Capital Partners.
TRuCapSol LLC 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.
Spray-Tek, LLC is the leading 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. The company was founded in Middlesex, NJ in 1980, opened its Bethlehem, PA facility in 2002, and opened its Beloit, WI facility in 2022.
Aurora Capital Partners is a leading Los Angeles-based private equity firm with $5 billion in assets under management. Founded in 1991, the firm invests in middle-market companies with leading market positions, stable industry dynamics, attractive business model characteristics and actionable opportunities for growth in partnership with management.
The McDermott team was led by partners Neal White and John Zukin and included counsel Kevin Feeley.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices and industries to deliver highly effective solutions that propel success. More than 1,400 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
