Integrity Partners Group acquires West Penetone’s military/aerospace portfolio

Integrity Partners Group (IPG), a chemical distribution platform acquired by OpenGate Capital, has acquired the military/commercial aerospace products portfolio from West Penetone. The investment expands IPG’s value proposition and customer offerings further downstream with environmentally friendly chemical solutions addressing cleaning and maintenance requirements of the aerospace and defense (A&D) industry. 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 A&D 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 CEO. “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.”

IPG includes ChemSolv, a chemical distributor with headquarters in Roanoke, Virginia and Chemisphere, a chemical distributor with headquarters in St. Louis, Missouri. IPG, formed in 2023, is owned by OpenGate Capital, a private equity firm.