An update from Installed Building Products ( (IBP) ) is now available.
Installed Building Products has expanded its operations with the strategic acquisition of Insulation Supplies, a company specializing in the distribution of various insulation materials and generating over $22 million annually. This move not only broadens their geographical reach in the Midwest but also complements their growth strategy, with over $73 million of annual revenue acquired to date in 2024. The company is committed to its robust pipeline of opportunities for further expansion and diversification of products and markets.
See more insights into IBP stock on TipRanks’ Stock Analysis page.
