Industrial Opportunity Partners Acquires United Poly Systems

Atkore Inc. Acquires United Poly Systems

June 22, 2022

Manufacturing

Atkore Inc. has acquired United Poly Systems, a manufacturer of HDPE pressure pipe and conduit serving telecom, water infrastructure, renewables and energy markets. United Poly Systems operates manufacturing sites in Springfield, Missouri and Albuquerque, New Mexico with approximately 160 employees and was previously owned by Industrial Opportunity Partners.

Industrial Opportunity Partners Acquires PolyVision from Steelcase

February 24, 2020

Building Products

Industrial Opportunity Partners (IOP), an Evanston, Illinois-based private equity firm, acquired PolyVision Corporation — formerly a subsidiary of Steelcase — in a carve-out transaction; terms were not disclosed. PolyVision, headquartered in Johns Creek, Georgia, manufactures CeramicSteel writing surfaces and architectural cladding for education, healthcare, commercial office and transit end-markets; IOP said it will partner with existing management (Peter Lewchanin to remain CEO) to grow the business.

Industrial Opportunity Partners Acquires Midwest Paper

January 8, 2020

Manufacturing

Industrial Opportunity Partners (IOP), an operations-focused private equity firm based in Evanston, Illinois, has acquired Midwest Recycled and Coated Containerboard Mill, LLC ("Midwest Paper"), a paper mill headquartered in Combined Locks, Wisconsin. Terms were not disclosed; the transaction is IOP’s fourth platform investment from its third fund and was financed with senior debt from JP Morgan Chase Bank and Chemical Bank and subordinated debt from Yukon Partners.

Industrial Opportunity Partners Acquires Raven Engineered Films Division from CNH Industrial

April 29, 2022

Manufacturing

Industrial Opportunity Partners (IOP) has acquired the Raven Engineered Films Division from CNH Industrial for $350 million. The Sioux Falls-based business, a manufacturer of engineered polymer films and sheeting for agriculture, construction and industrial markets, will operate as IOP's first platform investment from Fund IV with management continuing to lead the company.

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.

PolyVision Acquires Marsh Industries

August 4, 2020

Manufacturing

PolyVision Corporation, an existing portfolio company of Industrial Opportunity Partners (IOP), acquired the assets of Marsh Industries, a New Philadelphia, Ohio-based manufacturer of visual display products. The add-on transaction will let PolyVision expand manufacturing capacity and geographic reach in North America, growing its architectural panel and educational display product offerings.