Aurora Material Solutions, LLC
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Aurora Material Solutions, LLC - overview
Established
1997
Location
Streetsboro, OH, US
Primary Industry
Materials
About
Aurora Material Solutions, LLC specializes in developing high-performance thermoplastic compounds and polymer solutions for various industries, ensuring durability and effectiveness in demanding applications. Founded in 1997 and headquartered in Streetsboro, US, Aurora Material Solutions, LLC focuses on advanced polymer solutions. The company underwent a significant change in August 2021 when Nautic Partners, along with management, acquired Aurora Plastics, LLC from Ontario Teachers' Pension Plan and Wind Point Partners. The acquisition aimed to provide additional capital and resources to facilitate the company's growth and innovation.
The current CEO is Darrell Hughes. Aurora Material Solutions specializes in a broad array of thermoplastic compounds and high-performance polymer solutions designed to meet the diverse needs of various industries. The company's core products include advanced thermoplastics such as CPVC, Capstock, and low-smoke, zero-halogen compounds, engineered for high-demand applications such as wire and cable production, automotive parts, and outdoor structures. Their offerings also encompass a wide range of customized formulations, including engineered polymers like ABS, ASA, and TPU composites, ideal for applications requiring toughness, clarity, and superior UV resistance.
The company primarily serves sectors such as automotive, healthcare, construction, and consumer goods, with a focus on markets across North America, Europe, and Asia. Aurora Material Solutions generates revenue through the sale of its extensive portfolio of polymer products to a diverse client base, including manufacturers and distributors across various industries. Transactions typically occur on a B2B basis, with clients placing bulk orders for their specific needs. The company's revenue model includes both direct sales and partnerships with wholesalers, allowing for flexibility in meeting customer demands.
Flagship products like AuroraFlex™ Thermoplastic Elastomer and various CPVC compounds form a significant portion of their sales, with pricing structures tailored depending on client requirements, order sizes, and product specifications. Aurora Material Solutions plans to leverage its recent acquisition to accelerate innovation and growth. The company is focusing on developing new products aimed at enhancing performance in challenging environments. Furthermore, it seeks to expand its market presence in Europe and Asia by 2023, using the capital from the August 2021 acquisition to support these initiatives.
Current Investors
Nautic Partners
Primary Industry
Materials
Sub Industries
Advanced Materials, Rubber & Plastics
Website
https://auroramaterialsolutions.com/
Verticals
Manufacturing
Company Stage
Mature
Total Amount Raised
Subscriber access only
Aurora Material Solutions, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Enviroplas, Inc. | - | ||||||||
| Secondary Buyout | Completed | Aurora Material Solutions, LLC | - | ||||||||
| Add-on | Completed | Reinier Plastique Inc | - | ||||||||
| Buyout | Completed | Aurora Material Solutions, LLC | - |
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