International Rubber Products Completes Sale to Polymer Solutions
Represented International Rubber Products, Inc. in its sale to Integrated Polymer Solutions, a portfolio company of private equity firm Arcline. Piper Sandler acted as financial advisor to International Rubber and William Blair acted as financial advisor to the buyer. Financial terms were not disclosed.
IRP designs and manufacturers highly engineered critical-to-function elastomeric sealing components from its world-class facilities in Southern California. The company has the scalable infrastructure to support high-growth platforms and is focused on both the rapidly expanding Class I and II medical device market due to its best-in-class liquid silicone rubber molding capabilities, as well as the aerospace & defense vertical.
IRP has found an ideal partner in IPS that will continue the Company's growth trajectory in our critical markets while developing our employees and delighting our customers with strong technical solutions, excellent delivery and quality performance (Rod Trujillo, Founder and CEO of IRP).