Aurora Capital Group has agreed to sell portfolio company NuCO2 to Praxair (NYSE: PX) for $1.1 billion in cash. Based in Stuart, FL, NuCO2 provides beverage carbonation solutions to the restaurant and hospitality industries. The company's solutions combine equipment for the storage, blending and dispensing of beverage-grade CO2 with continuous beverage gas supply service. Los Angeles-based Aurora took the company private in 2008 in an approximately $484 million transaction.
