TruArc Partners Acquires Molded Devices to Expand Portfolio of Medical Device Manufacturing.
MANews-(C)2009-2022
New York-based private equity firm TruArc Partners has acquired Molded Devices, Inc., from PNC Mezzanine Capital and Molded Devices Founder Brian Anderson to increase medical device manufacturing portfolio, the company said.
Terms of the transaction were not disclosed.
Molded Devices provides high-precision, value-added plastic and rubber component manufacturing solutions for medical and non-medical applications.
Molded Devices' core manufacturing capabilities include injection molding, tube extrusion, blow molding, dip molding, and dip coating.
William Blair served as financial advisor to...
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