Investment Criteria
SINCE 1991, Calera Capital has adhered to a consistent and disciplined investment
approach and focuses on situations that offer substantial upside potential with
limited risk of loss of capital. Calera Capital identifies situations in which
we have outright or substantial control, targeting businesses with the following
operating characteristics:
INVESTING IN THE MIDDLE-MARKET'S LEADING COMPANIES
IPS is a market-leading manufacturer of a wide range of adhesive cements, structural adhesives and niche plumbing products primarily for residential, commercial, industrial and international markets. IPS's products are sold under a number of highly regarded brand names, including Weld-On, Watertite, Studor, Truebro and Guy Gray.
"From the outset we were impressed by Calera Capital's track record in the building products industry and by their deep understanding of our business. This is an exciting period in our evolution and we are driving significant change within the company to strengthen our business and build substantial shareholder value. We have received invaluable support from Calera and from the Board of Directors that together we have assembled."
Eric Bescoby, CEO, IPS Corporation
