TRUARC PARTNERS

TruArc Partners Invests in New Directions Aromatics

Retrieved on: 
Tuesday, February 15, 2022

TruArc Partners , a private equity firm focused on the middle-market, announced today that it has invested in New Directions Aromatics (New Directions) in partnership with Founder and CEO, Alex Thomas.

Key Points: 
  • TruArc Partners , a private equity firm focused on the middle-market, announced today that it has invested in New Directions Aromatics (New Directions) in partnership with Founder and CEO, Alex Thomas.
  • New Directions has been on a long journey of impressive growth, said Alex Thomas, CEO and Founder of New Directions Aromatics.
  • Alex and the New Directions management team have built an exceptional business over the last 20 years, said Gerald Sheehan, Partner at TruArc Partners.
  • TruArc Operating Partners Don Sturdivant and John Schweig will join New Directions Board of Directors as Co-Chairmen.

AI Fire Gains Momentum with Four New Acquisitions

Retrieved on: 
Tuesday, January 11, 2022

The investment in AI Fire is led by TruArc Partners with a minority interest held by Snow Phipps Group.

Key Points: 
  • The investment in AI Fire is led by TruArc Partners with a minority interest held by Snow Phipps Group.
  • In less than a decade, AI Fire has become one of the preeminent fire and life safety companies nationwide, focused on protecting personnel and property.
  • AI Fire serves the market through its Impact Fire branded local offices and vendor-managed, national account offering via Academy Fire.
  • We look forward to continuing to support AI Fires transformational growth through both strategic and operational initiatives, said Brandon Kiss, Partner at TruArc Partners.

Lamark Media Partners with TruArc to Fuel Growth

Retrieved on: 
Wednesday, December 15, 2021

The newly formed partnership will provide Lamark Media with strategic support and significant capital resources to advance the companys growth strategy.

Key Points: 
  • The newly formed partnership will provide Lamark Media with strategic support and significant capital resources to advance the companys growth strategy.
  • We are excited to work with TruArc Partners to help accelerate our growth, expand our capabilities and continue to grow our team, remaining focused on achieving positive results for our clients, said Bryan Shetsky, Founder and CEO Lamark Media.
  • The fragmented nature of the digital marketing industry makes it ripe for transformational growth, said Alan Mantel, Co-Managing Partner, TruArc Partners.
  • Lamark Media is an integrated marketing partner to the worlds most ambitious brands, that leverages integrated digital strategies to fuel growth.

Prototek Builds One-Stop Destination for On-Demand Manufacturing with Addition of Midwest Prototyping

Retrieved on: 
Monday, July 19, 2021

The company will continue to operate in all current Prototek and Midwest Prototyping locations, with a total of 237 employees.

Key Points: 
  • The company will continue to operate in all current Prototek and Midwest Prototyping locations, with a total of 237 employees.
  • Steve Grundahl, President and Founder of Midwest Prototyping, will serve as Vice President of Additive Manufacturing.
  • Grundahl will be responsible for leading the companys digital manufacturing growth strategy with Midwest Prototyping as the foundation of an aggressive growth plan.
  • Founded in 2001, Midwest Prototyping today is one of the nation's largest independent digital manufacturing companies, offering a diverse array of additive manufacturing technologies for both prototyping and production applications.