Coating Place, a leading U.S.-based contract development and manufacturing organization (CDMO), has secured a strategic, growth investment from 1315 Capital, a Philadelphia-based healthcare-focused private equity firm. Coating Place delivers premier microencapsulation solutions and is distinguished by proprietary equipment and processes, unmatched scalability, and the ability to support customers from product formulation through commercial manufacturing. The investment will enable Coating Place to scale operations to meet growing demand for its services across pharmaceutical, nutraceutical, animal health, and industrial markets.
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Source: https://www.prnewswire.com/news-releases/coating-place-secures-growth-capital-investment-by-1315-capital-302660503.html