What is IPS?
Founded in 1954 in Los Angeles, CA, IPS Corporation has built a formidable reputation as a market-leading provider of solvent cements, adhesives, and specialized plumbing products. Initially established to produce clear cements for laminating acrylic sheet for aircraft canopies, the company has evolved significantly over the decades. Its extensive product portfolio serves a wide range of industrial and consumer applications, solidifying its status as a key player in its sector. The company's longevity and consistent market presence are testaments to its robust product development and strategic market penetration.
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
Triangle Capital
Triangle Capital Corporation is a business development company specializing in private equity and mezzanine investments, focusing on lower middle market, mature, and later stage companies across various sectors. They typically invest in senior subordinated debt securities coupled with equity interests.
PPP
Public-Private Partnership
What's next for IPS?
With the recent major strategic investment, IPS Corporation is poised for continued expansion and innovation. The substantial total funding of $15.4M provides a strong foundation for future growth, likely enabling the company to enhance its product lines, explore new market opportunities, and potentially pursue strategic acquisitions. This capital injection signals confidence from investors in IPS's business model and its capacity for sustained development within the competitive adhesives and plumbing products industry. The company's trajectory suggests a focus on leveraging this financing for operational enhancements and market share growth.
See full IPS company page
