M&A Deal Summary

ICP Acquires TPR2 - Intumescent Coatings

On February 26, 2019, ICP acquired safety/security company TPR2 - Intumescent Coatings from Thermal Product Research

Acquisition Highlights
  • This is ICP’s 1st transaction in the Safety/Security sector.
  • This is ICP’s 7th transaction in the United States.
  • This is ICP’s 1st transaction in Connecticut.

M&A Deal Summary

Date 2019-02-26
Target TPR2 - Intumescent Coatings
Sector Safety/Security
Buyer(s) ICP
Sellers(s) Thermal Product Research
Deal Type Divestiture

Target

TPR2 - Intumescent Coatings

Essex, Connecticut, United States
TPR2 Corp. - Intumescent Coatings includes Fireshell, Heat Shedder, FireSafe and Structure Saver in Essex, Connecticut.

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Buyer(S) 1

Buyer

ICP

Andover, Massachusetts, United States

Category Company
Founded 2016
Sector Chemicals
DESCRIPTION

ICP is a specialty chemical company engaged in the formulation, manufacturing, and marketing of coatings and adhesives. ICP was founded in 2016 and is based in Andover, Massachusetts.


DEAL STATS #
Overall 7 of 14
Sector (Safety/Security) 1 of 1
Type (Divestiture) 3 of 4
State (Connecticut) 1 of 1
Country (United States) 7 of 11
Year (2019) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-09-25 Signature Sports Flooring

Flower Mound, Texas, United States

Signature Sports Flooring is a manufacturer, distributor, and installer of synthetic and hardwood sports flooring systems. Signature Sports Flooring is based in Flower Mound, Texas.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-11 ASTEC

Binghamton, New York, United States

ASTEC is a provider of fluid-applied membrane systems for the sustainable restoration of roofs, walls, tanks, piping, ductwork, and other industrial surfaces. ASTEC was founded in 1986 and is based in Binghamton, New York.

Buy -

Seller(S) 1

SELLER

Thermal Product Research

Essex, Connecticut, United States

Category Company
Sector Safety/Security
DESCRIPTION

TPR2 Corp. is a provider of products and solutions for fire, heat, thermal and safety. TPR2 is based in Essex, Connecticut.


DEAL STATS #
Overall 1 of 1
Sector (Safety/Security) 1 of 1
Type (Divestiture) 1 of 1
State (Connecticut) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1