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Alleghany Capital Corporation Announces Investment In IPS-Integrated Project Services

November 2, 2015 8:30 AM EST

NEW YORK, Nov. 2, 2015 /PRNewswire/ -- Alleghany Capital Corporation ("Alleghany Capital"), a wholly-owned subsidiary of Alleghany Corporation, today announced that it has acquired a majority interest in IPS-Integrated Project Services ("IPS" or the "Company"), one of the largest technical service providers focused on the global pharmaceutical and biotechnology industries.  IPS, which is headquartered in Blue Bell, Pennsylvania and operates globally, delivers technical consulting, design and engineering, construction management, and commissioning, qualification and validation services, primarily for highly complex research and production facilities.  IPS also has a growing consulting business assisting clients in multiple industries with the... More