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Synopsis
TruArc Partners, a private equity firm, completed the acquisition of Meyer Laboratory, an industrial and institutional cleaning chemicals and applications systems manufacturer. Financial terms were not disclosed. “Selling Meyer was a hard decision for my father and me. The entire company is part of our family. However, it was the right time for us and for the company to make this transition. We believe TruArc is the right partner to help accelerate the growth of Meyer Lab well into the future,” Rusty Meyer, Meyer Labs Co-Owner.
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