Innovative Chemical Products (ICP) Acquires Leeson Polyurethanes

Innovative Chemical Products (ICP BSG) Acquires Choice Adhesives

April 19, 2021

Manufacturing

Innovative Chemical Products' Building Solutions Group (ICP BSG) entered into an agreement to acquire Choice Adhesives, a Cincinnati-based specialty adhesives manufacturer. The deal expands ICP BSG's roofing adhesives and specialty-adhesive capabilities, broadening its product offering for professional roofing and other industrial end markets.

Integrated Polymer Solutions Acquires IRP Group

February 18, 2021

Medical Devices

Integrated Polymer Solutions (IPS), a portfolio company of Arcline Investment Management, acquired IRP Group, a Southern California manufacturer of precision elastomeric sealing components. The deal expands IPS's liquid silicone rubber (LSR) molding capabilities and strengthens its position in the Class I/II medical device and aerospace & defense end markets; founder Rod Trujillo and President Casper Zublin will continue as senior advisors.

Arcline Investment Management Acquires Integrated Polymer Solutions (IPS)

July 15, 2019

Manufacturing

Arcline Investment Management acquired Integrated Polymer Solutions (IPS) from Industrial Growth Partners in a transaction that closed on July 12, 2019. IPS, headquartered in Long Beach, California with additional manufacturing in Sheffield, UK, manufactures highly engineered elastomeric components (seals, gaskets, composite tooling) for aerospace, defense, biopharma and specialty industrial end markets.

Huntsman Corporation Acquires Icynene-Lapolla

December 5, 2019

Building Products

Huntsman Corporation announced an agreement to acquire Icynene-Lapolla from an affiliate of FFL Partners for $350 million in an all-cash transaction. Icynene-Lapolla is a North American manufacturer and distributor of spray polyurethane foam insulation with ~ $230 million in annual revenues and manufacturing facilities in Houston, Texas and Mississauga, Ontario; the deal was positioned to expand Huntsman's downstream insulation capabilities and global spray-foam offering.

Industrial Opportunity Partners Acquires United Poly Systems

June 11, 2019

Manufacturing

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, has acquired United Poly Systems LLC, a manufacturer of made-to-order HDPE pressure and duct/conduit pipe headquartered in Springfield, Missouri. IOP is partnering with the company's founders and management team to expand production capacity and product offerings; terms were not disclosed.

Integrated Polymer Solutions Acquires Icon Aerospace Technology

January 7, 2020

Aerospace & Defense

Integrated Polymer Solutions (IPS), a portfolio company of Arcline Investment Management, has acquired Icon Aerospace Technology. The transaction expands IPS' design and manufacturing capabilities in polymer/elastomer aerospace components and adds a third AS9100‑certified facility in Retford, United Kingdom.