Integrity Partners Group
Integrity Partners Group, a chemical distribution platform within the OpenGate Capital portfolio, has acquired certain military and aerospace assets from West Penetone. The investment expands IPG’s value proposition and customer offerings further downstream with environmentally friendly chemical solutions that address the recurring cleaning and maintenance requirements of the aerospace and defense industries. Financial terms of the acquisitions were not disclosed.
The assets from West Penetone will be integrated into the IPG platform and will expand IPG’s offering with new formulations, serving the growing aerospace and defense sectors.
“Acquisition of the product portfolio and intellectual property from West Penetone is an important development in the growth and expansion of our business,” says Darren J. Birkelbach, IPG’s Chief Executive Officer. “We are now able to serve more customers with a broader and specific offering including proprietary formulations acquired from West Penetone. We are excited to build on the highly successful business with the expanded capabilities of IPG.”
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