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Announced

Completed

Arcline Investment Management-backed Integrated Polymer Solutions completed the acquisition of IRP Group.

Synopsis

Arcline Investment Management-backed Integrated Polymer Solutions, a manufacturer of highly-engineered elastomeric components and tools for aerospace and defense OEM and MRO applications, completed the acquisition of IRP Group, which designs and manufacturers highly engineered critical-to-function elastomeric sealing components from its world-class facilities in Southern California. Financial terms were not disclosed. "Rod and his team have built a remarkable group of companies that serve very attractive markets with technologies and products that are complementary to IPS. We are delighted that both Rod and Casper Zublin, President of IRP, have agreed to continue as Senior Advisors for Arcline and IPS so we can draw from their deep expertise. We look forward to supporting the IRP leadership team with resources and investments to continue developing new products and capabilities," Rich McManus, IPS CEO.

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