MAST Technologies acquired by Integrated Polymer Solutions

Integrated Polymer Solutions (IPS), a portfolio firm of Arcline Investment Management, has acquired California-based MAST Technologies for an undisclosed price.

MAST Technologies is said to have expertise in designing, developing, and manufacturing radio frequency (RF), microwave, and EMI absorbing materials, which are integrated into military and electronics solutions. These include high-temperature, corrosion-resistant products designed for harsh environments on military aircraft, ships, and ground vehicles and also EMI shielding for electronics packages, telecom data transmission applications, and wireless antennas.

Andrew Sundsmo – CEO of MAST Technologies said: “As MAST continues its successful journey, we are excited to be partnering with IPS and look forward to entering into the next phase of business expansion while still continuing to develop our employees and delighting our customers with strong technical solutions, excellent delivery and quality performance.”

MAST Technologies acquired by Integrated Polymer Solutions

On the other hand, Integrated Polymer Solutions caters to the aerospace, military, biopharma, and specialty industrial markets by designing and engineering elastomeric components and tools.

Rich McManus – CEO of Integrated Polymer Solutions said: “We are very excited to have the MAST team, technology and capabilities as part of the IPS group. MAST’s position in the market and its reputation with customers, as well as its technologies and product range, are very complementary to IPS.

“We look forward to supporting the MAST leadership with resources and investments to continue to develop new products and capabilities for the Defense, Aerospace and Commercial market growth platforms.”

MAST Technologies was served by Philpott Ball & Werner as financial advisor for the transaction.