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Announced

TruArc Partners to invest in DMI Personal Care.

Synopsis

TruArc Partners, a middle-market private equity firm, agreed to invest in DMI Personal Care, a contract developer and manufacturer of beauty and personal care products. Financial terms were not disclosed. "We set out with the goal of building a world-class company that is based upon transparency with our customers and trust in our employees. We are thrilled to have found partners who share these values in TruArc. Their resources and capital will help us to expand upon them into the future," Douglas Sylva, DMI Personal Care President.

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