Houlihan Lokey Advises Integrated Polymer Solutions
Houlihan Lokey is pleased to announce that Integrated Polymer Solutions (IPS), a portfolio company of Industrial Growth Partners, has been acquired by Arcline Investment Management. The transaction closed on July 12, 2019.
IPS, headquartered in Long Beach, California, is a leading provider of highly-engineered polymer components for the aerospace, defense, and specialty industrial markets. IPS' portfolio of products includes mission-critical seals and gaskets, composite fabrication enablers as well as custom-engineered solutions, including composite parts and precision extruded and molded products. The company supplies OEM and Tier I/II customers for major aerospace and defense platforms, including F-35, V-22, B787, and A320neo.
Founded in 2018, Arcline is a private equity firm with $1.5 billion of capital under management. The firm invests in control buyouts of niche, high-quality, middle-market businesses operating across a wide range of industries. With offices in San Francisco and New York, Arcline targets companies valued up to $1 billion.
Houlihan Lokey served as the exclusive financial advisor to IPS.
Houlihan Lokey's Aerospace•Defense•Government (ADG) practice is among the leading M&A advisor to aerospace, defense, government services, and homeland security companies. Since 2016, we have closed more than 60 transactions totaling over $10 billion in enterprise value. With a staff of approximately 30 investment bankers in Washington, D.C. and Los Angeles, Houlihan Lokey's ADG practice is among the largest dedicated industry banking groups worldwide.
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