Nautic Partners' IPS acquires Integra Adhesives

IPS Corp, the Compton, California, producer of specialty adhesives, solvent cements, and specialized plumbing products, acquired Integra Adhesives from its president and other shareholders. Terms weren't disclosed. Integra is the Abbotsford, British Columbia, producer of adhesives used to bind stone and solid-surface building products. IPS is a portfolio company of Nautic Partners VII, L.P. and Nautic Partners VII-A, L.P. Nautic Partners is the Providence, Rhode Island, middle-market private equity firm.

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