What is IPS?
Founded in 1954 in Los Angeles, CA, IPS Corporation is a globally recognized leader in the manufacturing of solvent cements, adhesives, and specialized plumbing products. Initially established to produce clear cements for laminating acrylic sheet for aircraft canopies, IPS has evolved into a comprehensive provider of solutions for the plumbing industry. Its long-standing history and market penetration highlight a deep understanding of product development and customer needs in a competitive landscape.
How much funding has IPS raised?
IPS has raised a total of $15.3M across 2 funding rounds:
Debt
$15M
Debt
$350K
Debt (2017): $15M with participation from Triangle Capital
Debt (2020): $350K led by PPP
Key Investors in IPS
PPP
Public-Private Partnership
Triangle Capital
Triangle Capital is a business development company that specializes in private equity and mezzanine investments, focusing on lower middle market, mature, and later stage companies across various sectors including manufacturing and distribution.
What's next for IPS?
The recent major strategic investment signifies a pivotal moment for IPS, likely enabling further expansion of its product lines, enhancement of manufacturing capabilities, and broader market penetration. This capital infusion is expected to fuel innovation and reinforce its competitive advantage in the global market for solvent cements and adhesives. The company's trajectory suggests a focus on scaling operations and potentially exploring new technological advancements within its specialized niche.
See full IPS company page
