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New Deal


Announced

Completed

IPS Corporation completed the acquisition of RJS Tech.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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toilet installation

Acquisition

Domestic

Majority

Friendly

Single Bidder

JamBar product lines

Maintenance Repair and Overhaul (MRO)

Private

United States

Private Equity

Completed

Synopsis

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IPS Corporation, a manufacturer of plumbing and roofing products, completed the acquisition of RJS Tech, a time-saving bolt system design that simplifies toilet installation and removal. Financial terms were not disclosed. Through continuous innovation for over a half-century, IPS Corporation is enabling plumbing and roofing contractors to do a faster, more professional job. We were first to produce a reliable cement for use with PVC, CPVC, and ABS pipe and fittings, and first to introduce plastic recessed washing machine and ice maker outlet boxes. Today our industry-leading products are proudly manufactured at facilities throughout the world and available through a nationwide network of customer-focused.

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