Matrix Adhesives Group Acquires IPS Adhesives to Expand its Technology, Branded Portfolio, and Market ReachMatrix Adhesives Group (“Matrix” or the “Company”), a TruArc Partners (“TruArc”) portfolio company and provider of advanced adhesive and sealant solutions for renovation and construction, industrial, commercial, and specialty applications, today announced that it has acquired IPS Adhesives (“IPSA”), a provider of high-performance adhesives serving building and construction, transportation, industrial, and marine industries, from the parent company of IPS Corporation (“IPS”). Terms of the transaction were not disclosed.
