Latham & Watkins Represents IPS Adhesives in Completed Acquisition by Matrix Adhesives Group

Matrix Adhesives Group, a TruArc Partners portfolio company and provider of advanced adhesive and sealant solutions for renovation and construction, industrial, commercial, and specialty applications, has announced that it has acquired IPS Adhesives, a provider of high‑performance adhesives serving building and construction, transportation, industrial, and marine industries, from the parent company of IPS Corporation.

Latham & Watkins LLP represented IPS Adhesives in the transaction with a corporate team led by partners Alex Kelly, Victoria VanStekelenburg, and John Miller, with associates Zach Lippman and Dallin Adams. Advice was also provided on UK matters by partner Jon Fox; on tax matters by partners Andrea Ramezan‑Jackson and Karl Mah; on antitrust and foreign direct investment matters by partners Patrick English, Lindsey Champlin, Jana Dammann, and Jonathan Parker; on executive compensation, employee benefits, and labor matters by partner Nikhil Kumar; on intellectual property matters by partner Morgan Brubaker; on data privacy and cybersecurity matters by partner Robert Blamires; on environment, health, and safety matters by partners Betty Huber, Josh Marnitz, and Julia Hatcher; and on anti‑bribery and anti‑corruption matters by partner Joseph Bargnesi.