Integrity Partners Group acquires military/aerospace division from West Penetone

Acquisition of West Penetone's military and aerospace carve-out division expands IPG's exposure to the highly defensible and resilient aerospace and defense sector

Integrity Partners Group (IPG), a chemical distribution platform acquired by OpenGate Capital, has acquired certain assets from West Penetone. The investment expands IPG's value proposition and customer offerings further downstream with environmentally-friendly chemical solutions addressing the recurring, cleaning and maintenance requirements of the aerospace and defense industry. Financial terms of the acquisitions were not disclosed. 

The carve-out of 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 sector.

"Acquisition of the product portfolio and intellectual property from West Penetone is an important development in the growth and expansion of our business," said Darren J. Birkelbach, IPG's Chief Executive Officer. "We are now able to serve more customers with a broader and specific offering including propriety formulations acquired from West Penetone. We are excited to build on the highly successful business with the expanded capabilities of IPG."