Founded Year

1925

Stage

Line of Credit - II | Alive

Total Raised

$65M

Last Raised

$40M | 1 yr ago

About Spray Products

Spray Products provides contract aerosol packaging and filling services in the aerosol manufacturing industry. The company offers services including research and development, regulatory support, blending, packaging, and distribution of aerosol products. Spray Products serves sectors such as automotive, institutional, industrial, and electronic maintenance, offering private label and custom solutions. It was founded in 1925 and is based in Plymouth Meeting, Pennsylvania.

Headquarters Location

1323 Conshohocken Road

Plymouth Meeting, Pennsylvania, 19462,

United States

610-277-1010

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Latest Spray Products News

Legacy Corporate Lending Provides $40MM Asset-Based Credit Facility to Spray Products - News

Nov 8, 2024

Legacy Corporate Lending Provides $40MM Asset-Based Credit Facility to Spray Products November 07, 2024, 08:17 AM Legacy Corporate Lending provided a $40 million asset-based credit facility to Spray Products Corporation, a family-owned contract manufacturer of aerosol and liquid consumer products. The transaction, which is backed by accounts receivable, inventory, machinery and equipment, and real estate was finalized in November 2024, underscoring Legacy's ability to deliver tailored financial solutions that support the growth of family-owned businesses. Spray Products is a leading manufacturer and supplier specializing in custom high-quality aerosol and liquid products for the automotive, household, and industrial sectors. Known for its commitment to innovation and quality, the company offers a comprehensive range of services from product development to formulation and packaging, helping clients bring private-label and branded solutions to market efficiently. With state-of-the-art facilities in Pennsylvania, Ohio, and California and expertise in environmentally responsible practices, Spray Products is dedicated to delivering products that meet the highest standards of performance and regulatory compliance. “As our turnkey approach to aerosol and liquid consumer goods manufacturing continues to support companies large and small, we have experienced a strong period of growth that has created a need for more working capital,” said Bart Bastian, Chief Executive Officer of Spray Products. “The Legacy team truly understood the intricacies of our specialized business and was able to deliver a complete financing solution with the flexibility to grow with our needs. We look forward to a lasting partnership with them.” “It was clear that in order to support the Company’s long-term success, we needed to structure a tailored credit facility that significantly expanded the borrowing capacity that they had with their incumbent lender,” said Clark Griffith, Chief Executive Officer of Legacy. “Spray Products has been a market leader for over 60 years and we look forward to supporting them as they continue to execute their growth plans.” “The combination of a strong asset-base, an experienced management team, and a proven business model allowed us to be creative in our approach and move quickly and efficiently to provide a successful financing,” added Anthony DiChiara, Managing Director of Originations at Legacy.

Spray Products Frequently Asked Questions (FAQ)

  • When was Spray Products founded?

    Spray Products was founded in 1925.

  • Where is Spray Products's headquarters?

    Spray Products's headquarters is located at 1323 Conshohocken Road, Plymouth Meeting.

  • What is Spray Products's latest funding round?

    Spray Products's latest funding round is Line of Credit - II.

  • How much did Spray Products raise?

    Spray Products raised a total of $65M.

  • Who are the investors of Spray Products?

    Investors of Spray Products include Legacy Corporate Lending, Paycheck Protection Program and Fifth Third Bank.

  • Who are Spray Products's competitors?

    Competitors of Spray Products include ALTEK and 8 more.

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