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TruArc Partners completes acquisition of Meyer Laboratory, Inc. to support its continued growth

Mar 05, 2024•almost 2 years ago

Acquiring Company

TruArc Partners

Acquired Company

Meyer Laboratory

Kansas CityManufacturing

Description

TruArc Partners, a private equity firm focused on middle-market investments, has successfully acquired Meyer Laboratory, Inc. Founded in 1978, Meyer Lab is a manufacturer and distributor of industrial and institutional (I&I) cleaning chemicals and applications systems. TruArc Partners will work with Meyer Lab to support its continued growth, investing in both organic initiatives and targeting strategic M&A opportunities.

Company Information

Company

TruArc Partners

About

TruArc Partners is a private equity firm focused on middle-market control 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. To learn more about TruArc visit www.truarcpartners.com.

M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed