TruArc Partners, a private equity firm focused on the middle market, announced today that it has invested in Trademark Cosmetics alongside founder and President David Ryngler.
WHO: Located in Riverside, CA, Trademark Cosmetics is a leading contract manufacturer of beauty and personal care products, partnering with a variety of established and emerging brands. David Ryngler founded the business in 1994 and has grown the company alongside General Manager Eko Handoko for more than 20 years. The company provides product development, material sourcing, and filling services with a focus on unique formulation capabilities and packaging technologies requiring significant technical expertise. With a foundation rooted in innovation and comprehensive manufacturing capabilities, the company draws on its wide variety of specialized equipment to create customized solutions aligned with a brand’s vision.
TruArc Partners is a private equity firm focused on middle-market control investments. TruArc focuses on companies in attractive subsectors 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.
WHY: TruArc Partners will work with Trademark Cosmetics to pursue continued growth, and support brand partner success, through investing in organic initiatives and targeting strategic M&A.
IN THEIR OWN WORDS: “Building Trademark Cosmetics has been an exciting journey and I am thrilled to be partnering with TruArc. The addition of TruArc’s expertise and capital will enable us to continue to enhance the service and capabilities that we provide to our customers,” said Ryngler.
“At TruArc, we are focused on investing in well-positioned platforms that are capable of transformational growth. We think TCI is a well-positioned business that is poised to scale with our planned investments,” said Gerald Sheehan, Partner at TruArc. “We are equally excited to bring our capital and M&A expertise to execute a focused acquisition strategy that will continue to scale our operation in California and expand the platform nationally. Our goal is to further enhance TCI’s position as the go-to partner for high growth brands.”
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