Installed Building Products acquires Thermo-Tech, Biomax, CKV

Installed Building Products (IBP) announced three recent acquisitions, Thermo-Tech Mechanical Insulation, Biomax Spray Foam Insulation, and CKV Finished Products. Thermo-Tech was acquired on February 2, 2026, with annual revenue of approximately $13M. Biomax was acquired on January 19, 2026, with annual revenue of approximately $5M. CKV was acquired on December 11, 2025, with annual revenue of approximately $4M. “Thermo-Tech, Biomax, and CKV add over $22 million of annual revenue to IBP while expanding our insulation installation services throughout several compelling residential housing and commercial and industrial markets,” stated Jeff Edwards, Chairman and Chief Executive Officer. “Acquisitions remain a key component of our growth strategy, and we continue to focus on expansion across multiple geographies, products, and end markets. On behalf of everyone at Installed Building Products, I want to welcome Thermo-Tech, Biomax, and CKV onto our team.”