Nautic Partners-backed IPS acquires Integra Adhesives
IPS Corp, a Compton, Calif.-based producer of specialty adhesives, solvent cements, and specialized plumbing products, has acquired Integra Adhesives from its founder Doug Turner and other shareholders. No financial terms were released. Based in Abbotsford, British Columbia, Integra is a maker of adhesives for solid surfaces, engineered stone and composites. It is the fifth acquisition made by IPS since it became a portfolio company of U.S. private equity firm Nautic Partners in early 2015. Last November, IPS bought the solvent cement assets of Canada's Schwartz Chemical Corp.
4 April 2016•2 mins read
