IPS Corporation

What IPS Corporation does

IPS Corporation, founded in 1954 and headquartered in Compton, California, is a privately-held, Centerbridge Partners-owned manufacturer of solvent cements, primers, sealants, specialty adhesives, and water-management products. The company operates two reporting divisions: Water & Flow Management Solutions (solvent cements and piping under Weld-On, Christy's, E-Z Weld, and Schwartz; rough plumbing under Water-Tite, AB&A, Guy Gray, Tough Pans, and Truebro; water damage prevention under PumpSpy and FloodStop; drainage and ventilation under Studor and ProVent; roofing under IPS Roofing Products and Roof Top Blox) and Specialty Adhesive Solutions (structural adhesives via SCIGRIP and Arjay for marine, transportation, and industrial assembly; surfacing adhesives via Integra Adhesives, Unika, and Ninja Glue for quartz, stone, and laminate surfacing).

The company's technology platform is built on proprietary solvent cement formulations — anchored by the 1958 patent for the first PVC pipe solvent cement — and a 10:1 methyl methacrylate (MMA) structural adhesive technology for bonding dissimilar substrates in marine, transportation, and semiconductor-grade applications. IPS holds 500+ patents and trademarks and offers more than 10,000 SKUs, with category-defining products such as Weld-On 724 CPVC (specified by a leading semiconductor manufacturer for hazardous chemical handling) and Ultra Low VOC formulations that reduce emissions up to 30%.

IPS employs roughly 800 people across manufacturing operations in the US, the Netherlands (opened 2025), and China (Gymcol, acquired 2018), and reaches 90+ countries through wholesale distributor channels segmented by trade (plumbing, industrial/waterwork, pool, roofing, irrigation, electrical, waterproofing, adhesives). The company operates a buy-and-build strategy under Centerbridge, having executed multiple acquisitions since 2021 and recently absorbing Tesla UK to anchor European expansion. Revenue is generated through one-time product sales to professional end-users (plumbers, contractors, fabricators, OEMs, and homeowners via distributors), with no disclosed SaaS, subscription, or licensing component.

Name

IPS Corporation

Legal name

IPS Corporation

Website

http://ipscorp.com

Company type

Private

Founded year

1954

Operating status

Operating

Headcount range

251–500 employees

Short description

IPS Corporation is a Centerbridge Partners-owned manufacturer, founded in 1954 and headquartered in Compton, California, producing proprietary solvent cements, specialty adhesives, and water-management products under brands such as Weld-On, SCIGRIP, Studor, PumpSpy, and FloodStop, sold through wholesale distributors to plumbing, marine, transportation, construction, and industrial customers across 90+ countries.

Ownership category

akta.pro rank

Product category

Industrial Adhesives and Sealants

NAICS

Adhesive Manufacturing (32552), Paint, Coating, and Adhesive Manufacturing (3255)

SIC

Adhesives & Sealants (2891), Chemicals & Allied Products (2800)

akta.pro primary industry

Adhesives (Structural & Assembly) (IMAEAGAH)

akta.pro secondary industries

Adhesives & Sealants Chemicals (IMAEABAA), Sealants, Adhesives, Gaskets & Marine Elastomers (IMAJAKAL)

Keywords

• Solvent cements adhesives
• Plumbing pipe joining
• Structural methacrylate adhesives
• Water damage prevention
• Drainage ventilation systems

Headquarters

HQ city

Compton

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Water & Flow Management Solutions: Product sales of solvent cements, plumbing products, drainage systems, roofing solutions, and water damage prevention systems through wholesale distributors globally.
2. Specialty Adhesive Solutions: Structural and surfacing adhesives for marine, transportation, construction, and product assembly applications sold through distributors and direct partnerships.

Go-to-market motion3 records

Distribution channels8 records

Marketing channels3 records

Core offering

IPS Corporation manufactures and sells solvent cements, primers, sealants, structural methacrylate adhesives, and specialty surfacing adhesives used to join, bond, seal, and protect plumbing, drainage, roofing, marine, and transportation systems. Its two operating divisions — Water & Flow Management Solutions and Specialty Adhesive Solutions — supply more than 10,000 products across 90+ countries via wholesale distributors, anchored by flagship brands such as Weld-On, SCIGRIP, Studor, Christy's, and Integra Adhesives.

Product overview

IPS Corporation operates as a diversified manufacturer and marketer of Water & Flow Management Solutions and Specialty Adhesive Solutions, offering over 10,000+ products across two main divisions. Water & Flow Management Solutions includes solvent cements (Weld-On, Christy's, E-Z Weld, Schwartz), rough plumbing products (Water-Tite, AB&A, Guy Gray, Tough Pans), water damage prevention systems (PumpSpy, FloodStop, Champion Pump), drainage and ventilation (Studor, ProVent), and roofing solutions (IPS Roofing Products, Roof Top Blox). Specialty Adhesive Solutions includes structural adhesives (SCIGRIP, Arjay) for marine, transportation and industrial assembly, and surfacing adhesives (Integra Adhesives, Unika, Ninja Glue) for quartz, stone and laminate surfaces. The company was founded in 1954 and serves customers in 90+ countries through category-leading brands with proprietary intellectual property.

Differentiator

Problem solved

Functional benefit

Brands

• Weld-On: World's Most Trusted Bond - market-leading solvent cement brand for PVC, CPVC and ABS pipes
• Christy's
• Truebro
• Studor
• Water-Tite
• AB&A
• EZ Weld
• Schwartz
• Guy Gray
• Tough Pans
• Test Tite
• FloodStop
• Pump Spy
• Champion Pump
• ProVent
• IPS Roofing Products
• Roof Top Blox
• SCIGRIP
• Arjay
• Integra Adhesives
• Unika
• Ninja Glue

Products and services

• Weld-On solvent cements and primers Solvent cements, primers, and cleaners for PVC, CPVC, and ABS pipe systems sold to plumbing professionals globally under the 'World's Most Trusted Bond' brand.
• Christy's solvent cements and sealants Cements, solvents, sealants, and accessories for plumbing professionals with over 40 years of brand history.
• E-Z Weld solvent cements Top-performing solvent cement products supplied to retailers and plumbing wholesalers in the US and 50+ countries since 1972.
• Schwartz solvent cements Solvent cements adapted for changing needs of plumbing professionals.
• Water-Tite specialty plumbing products Labor-saving specialty plumbing products with a reputation for innovation, sold through wholesale plumbing distributors.
• AB&A bath wastes and plumbing fittings Bath wastes, plumbing drains, and fittings for new builds and retrofits across multiple materials.
• Guy Gray washing machine outlet boxes Metal washing machine outlet boxes, the original and #1 specified product in the category.
• Truebro ADA undersink products ADA-mandated undersink accessibility products for commercial and residential applications.
• Tough Pans drain pans Innovative drain pans engineered with nearly indestructible materials for leak protection.
• Test-Tite pneumatic and mechanical test plugs Pneumatic and mechanical test plugs for residential, commercial, and underground drainage testing applications.
• Studor air admittance valves Air admittance valve solutions that replace complex and expensive plumbing vent systems.
• ProVent single-stack DWV system Solvent-welded single-stack drain, waste, and vent system designed to cut piping requirements in half and reduce installed costs up to 40%.
• Champion Pump pumps Pumps serving plumbing, septic, waterproofing, municipal, industrial, and maintenance markets.
• PumpSpy smart sump pump monitoring Smart sump pump monitoring systems with 24/7 monitoring of amp draw, pump cycles, battery life, and water levels, providing instant mobile alerts to prevent flooding.
• FloodStop leak detection and automatic shutoff Leak-detection solutions that automatically shut off water supply to stop flood damage before it starts.
• IPS Roofing Products Roof flashing, drainage, pipe support, and ventilation solutions for residential and commercial roofing contractors.
• Roof Top Blox roof top support blocks Quick-install roof top support block system for supporting piping and equipment on flat commercial roofs.
• SCIGRIP structural MMA adhesives Professional primerless methyl methacrylate (MMA) structural adhesives for marine, transportation, and industrial assembly, bonding dissimilar substrates including thermoplastics, composites, and metals.
• Arjay structural bonding compounds Innovative structural bonding compounds for boat production and marine applications.
• Integra Adhesives color-matched surfacing adhesives Color-matched decorative adhesives for invisible, seamless bonds in countertop and flooring installation using quartz, stone, and laminate surfaces.
• Unika color-matched surfacing products Specialized color-matched installation and aftercare products for work surfaces including quartz, stone, and solid surfaces.
• Ninja Glue surfacing adhesives Color-matched adhesives for quartz, porcelain, marble, and other surfaces, including the Midnight formulation for Corian solid surfaces used in commercial rollouts.

Quantifiable outcome

• Products protect infrastructure for less than 2% of typical total project costs
• +3 more outcomes

Named customers6 records

Segments8 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Two partnerships are on record, tiered minor.

• Tesla Holdings (Tesla UK)minorChannel Partner/ Reseller/ Distributor · 26 January 2026West Midlands-based supplier of plumbing and heating products, founded in 1992 and based in Sutton Coldfield. Acquired by IPS Corporation through its Watertite Products Inc subsidiary, giving IPS access to Tesla UK's portfolio of over 1,700 products and established UK market presence.
• Evolve Corporate FinanceminorOthersCorporate finance advisory firm that advised on the acquisition of Tesla UK by IPS Corporation.

Scale indicators7 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• Oatey: US-based manufacturer of plumbing products including solvent cements, primers, and plumbing specialty items. Closest direct competitor in the North American plumbing adhesives and water management categories that anchor IPS's Weld-On franchise.
• Sika: Swiss specialty chemicals company with a strong sealants, bonding, and roofing/waterproofing portfolio. Directly comparable in construction-grade sealants, waterproofing membranes, and structural adhesives serving similar contractors and infrastructure end markets.
• H.B. Fuller: Pure-play specialty adhesives manufacturer serving packaging, construction, and durable goods end markets. Direct comparability in industrial bonding chemistries, including structural and specialty adhesives analogous to IPS's SCIGRIP MMA line.
• Franklin International: Privately held US manufacturer of adhesives, sealants, and construction products (Titebond brand). Direct competitor in woodworking, construction, and industrial adhesives serving similar contractor channels.

Emerging players

• Ashland: Specialty chemicals and additives supplier with adhesives and coatings product lines. Adjacent comparable in specialty chemical formulations underpinning IPS's MMA and CPVC solvent cement products.

Broad incumbents

• RPM International: Holding company for specialty coatings, sealants, and building solutions (including Tremco, Carboline, Flowcrete). Comparable in roofing, waterproofing, and infrastructure sealants with direct overlap in IPS Roofing Products and Roof Top Blox categories.
• 3M: Diversified industrial conglomerate with adhesives and sealants divisions across construction, transportation, and industrial assembly. Broad incumbent with adjacency overlap in structural adhesives and specialty bonding.
• ITW (Illinois Tool Works): Diversified industrial manufacturer with significant adhesives/coatings exposure (including Permatex, Plexus). Comparable at the corporate strategy level as a serial acquirer of industrial adhesives businesses.
• Bostik (Arkema): Global adhesives and sealants business within Arkema's specialty materials segment. Overlaps with IPS in construction, industrial, and packaging adhesives, and competes in sealant chemistries for plumbing and infrastructure.
• Henkel: Global leader in adhesives, sealants, and functional coatings (Loctite, Pattex, Bonderite brands). Larger incumbent overlapping with IPS across industrial adhesives, plumbing sealants, and specialty bonding applications.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ips-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about IPS Corporation