Installed Building Products acquires Capital Insulation
Installed Building Products, Inc. (IBP) has acquired Capital Insulation, LLC and CBS & Mirror, LLC. Capital is located in Houston, Texas, and serves the single-family, multifamily, and commercial end markets. Capital focuses on installation opportunities in new construction projects and primarily installs fiberglass and spray foam insulation.
“Capital adds over $12 million of annual revenue to our business, contributing to our existing presence in the greater Houston building product installation market,” stated Jeff Edwards, IBP's chairman and CEO.
“To date in 2024, we have acquired over $100 million of annual revenue. Acquisitions remain a key component of our growth strategy, and we continue to have a strong pipeline of opportunities across multiple geographies, end products, and end markets. On behalf of everyone at Installed Building Products, I want to welcome Capital onto our team.”
