TruArc Partners, a middle-market private equity firm, has made an investment in Trademark Cosmetics Inc., a formulator and manufacturer of beauty and personal care products, alongside founder and president David Ryngler.
Rynglere founded TCI in 1994 and has worked to grow the company alongside general manager Eko Handoko for over 20 years. TCI’s production facility includes its research and development lab and a variety of compounding and filling capabilities across several packaging formats ranging from bottles and jars to tubes. Today, TCI offers custom formulation and manufacturing abilities for a range of products in a variety of beauty and personal care categories. TruArc Partners will work with TCI to pursue growth and support brand partner success through investing in organic initiatives and targeting strategic M&A.
“The combination of TCI’s formulation and manufacturing expertise, alongside its strong customer-service orientation, have been instrumental in its growth and will serve as the fundamental driver for continued improvement and expansion going forward,” says Kristopher Dover, who has been named TCI CEO.