Aurora Capital Partners (“Aurora”), a leading middle-market private equity firm, today announced that it has completed its acquisition of Inhance Technologies (“Inhance” or the “Company”), the leading global provider of fluorine-based material technologies, from Arsenal Capital Partners. Terms of the transaction were not disclosed.

Headquartered in Houston, Texas, Inhance is the world’s leading provider of post-mold fluorination solutions and the leading innovator in fluorine-based barrier enhancement and surface activation technology.

The Company’s portfolio of proprietary solutions are used across a wide range of end markets to enhance its customers’ products, allowing them to perform better, last longer, and adhere to increasingly stringent regulations.

“Inhance fits seamlessly into our strategy of partnering with a market leader to support their vision and accelerate both organic and acquisition-driven growth,” said Michael Marino, a Managing Partner at Aurora. “The Company’s history of driving innovation and the commercialization of its technologies has positioned Inhance as a leader in fluorine-based material science. We look forward to partnering with Andy Thompson and the rest of the Inhance management team to accelerate investments in the Company’s technology and capitalize on the opportunities that exist across its markets.”

“We are delighted in our new partnership with Aurora and feel they are the ideal group to support Inhance at this stage in the Company’s evolution,” said Andy Thompson, President and CEO of Inhance. “Aurora’s emphasis on partnership with management and investing for growth will enable us further strengthen our position as a leader of fluorine-based material technology. It’s a very exciting time for this company.”

This transaction marks the fifth investment from Aurora Equity Partners V. It joins several recent Aurora investments whose businesses support customer trends towards environmental responsibility, including VLS Recovery, Pace Analytical Services, Restaurant Technologies, Industrial Container Services, and Anthony International.