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Matrix Adhesives Group acquires IPS Adhesives

RECENTLY ACQUIREDJul 27, 202613 days ago

Acquiring Company

Matrix Adhesives Group

Acquired Company

IPS Adhesives

WestervilleOtherManufacturingConstructionBuilding Maintenance

Description

Matrix Adhesives Group has announced its acquisition of IPS Adhesives. This move aims to expand Matrix's technology and branded portfolio, enhancing its market reach. IPS Adhesives serves multiple industries, including construction and marine. The acquisition is part of Matrix's growth strategy in the adhesives market.

Company Information

Company

Matrix Adhesives Group

Location

C/O GOLDNER HAWN LP

Westerville, Ohio, United States

About

Matrix Group is a private equity holding company comprised of five platform companies, including AdaSeal, Guy Chemical, Lohnpack, Newstar Adhesives, and Nuco. We bring industry experience and technical capability to help with any project.

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Strategic

ML-powered predictions for Matrix Adhesives Group's next move

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

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