Aurora Acquires Lexington Precision

Aurora Capital Group has acquired a majority stake in Lexington Precision. Aurora helped the company emerge from Chapter 11 bankruptcy at the end of July by purchasing its public debt, which the firm then swapped for equity. The firm also injected Lexington with an additional equity investment to further support the company's reogranization plan. Lexington manufactures high-tolerance rubber components for use in medical, automotive and industrial applications.