Written by ICP Group

Innovative Chemical Products Acquires Fireshell®, Heat Shedder®, FireSafe® and Structure Saver™ Intumescent Coatings from TPR2

With the acquisition of these trusted brands, ICP Building Solutions Group (BSG) continues to grow its portfolio, helping to accelerate product development and offering more options to customers

ANDOVER, Mass. – Feb. 26, 2019 – Innovative Chemical Products (the ICP Group) today announces the acquisition of Fireshell®, Heat Shedder®, FireSafe® and Structure Saver™ Intumescent Coatings from TPR2, a leader in proprietary fire and thermal products with a history that dates back over 20 years in military and private research and development in countless coatings applications.

These proprietary formulations and unique product compositions build a strong foundation for cost- effective, creative, and quick-response solutions to suit customers’ needs. The acquisition of these brands and technologies provides ICP new opportunities to strengthen its total offering to customers and channel partners while further positioning ICP as the premier coatings innovator.

“Fireshell, Heat Shedder, FireSafe and Structure Saver will be an important addition to ICP BSG’s growing portfolio of industry-leading brands for the building and construction industry,” said Doug Mattscheck, CEO of ICP Group. “These industry-leading brands will be distributed alongside existing ICP brands, including the Handi-Foam® brand of insulating foam sealants, enabling ICP BSG to offer a complete package of Building Envelope and Fire Protection Solutions to its customers,” Mattscheck added.

The ICP Group is a portfolio company of Audax Private Equity.

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About ICP Building Solutions Group

ICP Building Solutions Group is the foremost supplier of professional products and solutions for building envelope, cementitious and sports surface needs. Comprising dozens of industry-leading brands across numerous industries and applications, ICP Building Solutions Group offers the industry’s most comprehensive portfolios to building professionals all over the globe, all backed by its exclusive MasterWorks training and education program. For more information, visit www.icpgroup.com.

Written by ICP Group

California Sports Surfaces Selected To Provide Court Surfaces For The 2018 Laver Cup

Andover, Mass. – September 21, 2018 – Innovative Chemical Products (the ICP Group) and their leading sport surface brand, California Sports Surfaces, have been selected to provide the court surface for the 2018 Laver Cup in Chicago, Illinois, USA. The event will be held September 21st through 23rd at the United Center. This is the second edition of the Laver Cup, a men’s tennis tournament between teams from Europe and the rest of the world.

This year’s event features the world’s best tennis professionals playing on custom indoor hard courts specially constructed for this event. The courts feature unique black surface systems provided by California Sports Surfaces, which improves contrast for both players and viewers. Roger Federer, Novak Djokovic, Juan Martin del Potro, and Alexander Zverev are just a few high ranking professional tennis players confirmed to play at the event.

California Sports Surfaces, a brand of ICP’s Building Solutions Group, is an industry-leading global manufacturer of sports and recreational surfaces. In 1953, they invented a durable, comfortable multi-layered, cushioned surface that enhanced athletic performance and promoted more fluid game play. This technology led to many California Sports Surfaces brands being regularly selected for use at the world’s most prestigious events, including every US Open since 1978, several NCAA Championships, the 2014 Asian Games in Incheon, South Korea, the 2008 Summer Olympics in Beijing, China, the Australian Open, and countless other venues.

California Sports Surfaces will provide installation and dismantling services for the Laver Cup’s portable timber match and practice courts. The company is also planning to supply promotional roll-out mini courts for marketing activities around Chicago in support of the event.

“Last year at the inaugural Laver Cup in Prague, California Sports Surfaces provided the portable court surface. This year our role in the event has expanded, and we couldn’t be more thrilled to help. When our world-class sports surfaces are selected for world-class events, like the Laver Cup, it is the highest compliment a company can receive. We look forward to working with them on future projects,” said Tom Magner, Director of Sales, California Sports Surfaces.

For more information about ICP Group or California Sports Surfaces, please visit californiasportssurfaces.com.

Innovative Chemical Products (the ICP Group) is a portfolio company of Audax Private Equity.

About ICP Group

Innovative Chemical Products (the ICP Group) is a leading specialty chemical manufacturer in North America and provides coatings, adhesives, and sealants globally. With operations headquartered in Andover, Mass., and multiple manufacturing facilities around the world, ICP serves multiple end markets, including: building materials, specialty construction, industrial, packaging, printing, and sports surfaces. ICP Group is privately held and manufactures products under several recognized specialty groups. For more information, visit www.icpgroup.com.

About California Sports Surfaces

California Sports Surfaces (CSS) is the leading supplier of prestigious sports surfacing product lines, such as DecoTurf, Plexipave, Rebound Ace, Premier Sports Coatings, Acrylotex, Plexitrac, Guardian Crack Repair, and Premier Court. These world-renowned solutions supply the US Open, the Australian Open, and other distinguished sporting events. Several portable court systems are also available across the CSS product family.

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Media Contact:

Phillip McMillan, CompleteSpectrum
813-907-2150
media@icpgroup.com

Written by ICP Group

Innovative Chemical Products Group Introduces Their New Building Solutions Group

Andover, Mass. – August 10, 2018 – Innovative Chemical Products (the ICP Group), today announces the formation of their Building Solutions Group. This group is comprised of industry-leading brands formerly represented by the ICP Construction and ICP Adhesives & Sealants businesses. The change unifies the resources of the two businesses, both of which are dedicated to delivering high performance professional products and services for building and construction applications.

“This is an exciting and historic day for the ICP Group. Our new Buildings Solutions Group not only streamlines our processes internally but expands the selection of ICP products and services available to our partners. Considering the rapid pace at which ICP is growing, this is an important step to help take our company to the next level,” said Doug Mattscheck, CEO of ICP Group and Building Solutions Group President.

In just three years ICP has become a respected leader in the specialty chemicals industry and the 10th largest coatings company in North America.

The new Building Solutions Group will feature three strategic units: Building Envelope Unit, Flooring and Cementitious Unit, and Sport Surfaces Unit. Doug Mattscheck will serve as President of the Building Solutions Group while maintaining his current position as CEO of ICP Group. The ICP Industrial Group is unaffected by the Building Solutions Group formation, and will continue to serve the packaging, commercial printing, labels, and coatings markets.

“The transition will be seamless for our current partners. What we’ve created through the restructuring process is a more convenient way for them to meet their needs. Our partners can now easily access a more robust selection of products and enhancements that can help grow their business,” said Mattscheck.

Through streamlined education, training and partnership program development, ICP will help their channel partners identify and grow products and services available in their markets.

“This marks the beginning of a new chapter for the ICP Group. We have always been dedicated to helping our partners succeed. With these changes in place, we’ll only continue to do so more effectively,” said Mattscheck.

Innovative Chemical Products (the ICP Group) is a portfolio company of Audax Private Equity.

About ICP Group

Innovative Chemical Products (the ICP Group) is a leading specialty chemical manufacturer in North America and provides coatings, adhesives, and sealants globally. With operations headquartered in Andover, Mass., and multiple manufacturing facilities around the world, ICP serves multiple end markets, including: building materials, specialty construction, industrial, packaging, printing, and sports surfaces. ICP Group is privately held and manufactures products under several recognized specialty groups. For more information, visit www.icpgroup.com.

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Media Contact:
Phillip McMillan, CompleteSpectrum
813-907-2150
media@icpgroup.com

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