Spray-Tek

Middlesex, United States Founded: 1981 • Age: 45 yrs Acquired By Aurora Capital Group
Industrial spray dryers are manufactured and related services are provided.

About Spray-Tek

Spray-Tek is a Chemicals & Materials company based in Middlesex (United States) founded in 1981, and was acquired by Aurora Capital Group in December 2021. Industrial spray dryers are manufactured and related services are provided. Spray-Tek has raised $18 million across 1 funding round from investors including Aurora Capital Group. Spray-Tek has completed 1 acquisition, including TRuCapSol. Spray-Tek offers products and services including Spray Drying and Microencapsulation. Its focus areas include Chemicals and Materials and Industrial Gases.

Company details

Spray-Tek was established in 1981 in Middlesex, United States. Industrial spray dryers are produced by the company for various sectors, including processing and manufacturing industries. Services such as design, installation, and maintenance are offered to support equipment operations. The focus remains on delivering reliable solutions for industrial drying applications, with activities based primarily in the United States.

  • Headquarters Middlesex, United States
  • Stage Acquired
  • Sectors
    Chemicals & Materials
  • Email
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  • Phone
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  • Website spray-tek.com
  • Social LinkedIn
  • Acquired by Aurora Capital Group (Dec 2021)
  • Legal Name Spray-Tek
Key Metrics

Products & Services of Spray-Tek

Spray-Tek offers a comprehensive portfolio of products and services, including Spray Drying and Microencapsulation.

Spray Drying
Contract Manufacturing

Spray drying services are provided for complex formulations, ensuring precision and consistency in powder processing for various applications.

Microencapsulation
Technology Services

Microencapsulation solutions are offered, utilizing patented technologies to enhance stability and performance in industries like agriculture and personal care.

Funding Insights of Spray-Tek

Spray-Tek has successfully raised a total of $18M through 1 strategic funding round. The most recent funding activity was a Series B round of $18 million completed in December 2011. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $18M
  • Total Rounds 1
  • Last Round Series B β€” $18M
  • First Round $18M

    (Dec 2011)

All 1 funding rounds of Spray-Tek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Dec 2011$18MSeries B––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Spray-Tek

Spray-Tek has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Aurora Capital Group.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Private equity investment firm focused on multiple sectors
auroracap.comLos Angeles, United States
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Investor details for Spray-Tek

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Spray-Tek

Spray-Tek has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include TRuCapSol.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Pharmaceutical capsule solutions are provided for the industry.
trucapsol.comBethlehem, United States2018Aug 2023β€’β€’β€’β€’
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Complete acquisition details for Spray-Tek

Acquired stakes, deal sources and the complete acquisition history require an active premium plan.

  • Acquired stakes
  • Deal sources
  • Complete history
  • Exports

Verified entity values are shown only after access is granted.

Timeline of Spray-Tek

4 dated milestones of Spray-Tek across 42 years, from founding to its latest funding, stage changes and deals.

  1. Founded Spray-Tek is founded.
  2. Funding First funding round of $18.0M.
  3. Exit Acquired by Aurora Capital Group.
  4. Acquisition Acquires TRuCapSol.

Web traffic of Spray-Tek

The website of Spray-Tek (spray-tek.com) receives about 3.6K visits a month.

  • Monthly visits
    3.6K

    ▼ 39.8% vs previous month

Top companies in Core & Diversified Chemicals

3 companies that operate in the same segment as Spray-Tek (Core & Diversified Chemicals) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Chemical materials are designed and applied across industrial sectors.
2004United StatesUSD 10.66 B21,080
Chemicals and ingredients are distributed globally by Univar Solutions.
1924Downers Grove, Illinois, United StatesUSD 38.38 MUSD 832.6 M
Multiple sectors are invested in by this private equity firm.
1920Kingsport, Tennessee, United StatesUSD 8.76 B14,000
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Frequently Asked Questions about Spray-Tek

Spray-Tek was founded in 1981 and raised its 1st funding round 30 years after it was founded.

Spray-Tek is headquartered in Middlesex, United States.

Spray-Tek is a funded company, having raised a total of $18M across 1 funding round to date. The company's 1st funding round was a Series B of $18M, raised on Dec 2011.

Spray-Tek was established in 1981 in Middlesex, United States. Industrial spray dryers are produced by the company for various sectors, including processing and manufacturing industries. Services such as design, installation, and maintenance are offered to support equipment operations. The focus remains on delivering reliable solutions for industrial drying applications, with activities based primarily in the United States.

Spray-Tek offers Spray Drying and Microencapsulation.

Spray-Tek has made 1 acquisition, including TRuCapSol.

Spray-Tek has 1 investor. Key investors include Aurora Capital Group.

Spray-Tek operates through Spray-Tek.

Yes. Spray-Tek was acquired by Aurora Capital Group in December 2021.

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