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New Deal


Announced

Completed

Mike Calo and Ryan Colhoun completed the acquisition of TruCorp from Cordovan Capital.

Synopsis

Mike Calo and Ryan Colhoun completed the acquisition of TruCorp, which designs, manufactures, distributes and sells durable and realistic medical training simulators, from Cordovan Capital, a private equity investor. Financial terms were not disclosed. "We feel privileged to have been part of the TruCorp journey and to have worked closely with Mike and Ryan. This exit represents a strong return for our investors but also provides the management team with the opportunity to take the business to further heights. We wish the company and the team every success in the future," Mike Irvine, Cordovan Managing Director.

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