Installed Building Products acquires Custom Glass Atlanta and Atlanta Commercial Glazing
The acquisition of Custom Glass Atlanta and Atlanta Commercial Glazing, Inc. by Installed Building Products adds approximately $11 million of annualized revenue.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced the acquisition on March 20, 2017.
“With combined annualized revenues of $11 million, CGA and ACG further diversifies our product and end-market mix, while enhancing our footprint in the Southeastern U.S. Our pipeline of potential acquisitions remains strong. We continue to focus on selectively acquiring well-managed and complementary residential and commercial installers,” stated Jeff Edwards, Chairman and Chief Executive Officer.