IBP acquires Raleigh roofing, gutter installer
Installed Building Products, Inc. (IBP) has acquired Trademark Roofing and Gutters.
Trademark has two locations in the Raleigh, N.C. market. Founded in 1996, Trademark provides roofing and gutter installation services primarily to the new residential construction market and has annual revenue of approximately $9 million.
The purchase marks IBP’s first purchase in the roofing installation end market.
In a statement issued by IBP, the company said, “This is part of our longstanding strategy to add complementary installation services that expands our end markets and deepens our relationship with builders. Raleigh is a great market for IBP to expand into roofing, as we now offer local builders installation services including insulation, blinds, garage doors, gutters and roofing.”
In 2018, IBP has closed 8 acquisitions representing about $52 million in acquired revenue. The Columbus, Ohio-based company also said that acquisitions remain a key component of its growth plan.
IBP is one of the nation's largest insulation installers for the residential new construction market and a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, shower doors, closet shelving and mirrors.
Last month IBP acquired Cutting Edge Glass, a provider of glass and glazing services to the commercial construction market with annual sales of $10 million.
Trademark has two locations in the Raleigh, N.C. market. Founded in 1996, Trademark provides roofing and gutter installation services primarily to the new residential construction market and has annual revenue of approximately $9 million.
The purchase marks IBP’s first purchase in the roofing installation end market.
In a statement issued by IBP, the company said, “This is part of our longstanding strategy to add complementary installation services that expands our end markets and deepens our relationship with builders. Raleigh is a great market for IBP to expand into roofing, as we now offer local builders installation services including insulation, blinds, garage doors, gutters and roofing.”
In 2018, IBP has closed 8 acquisitions representing about $52 million in acquired revenue. The Columbus, Ohio-based company also said that acquisitions remain a key component of its growth plan.
IBP is one of the nation's largest insulation installers for the residential new construction market and a diversified installer of complementary building products, including waterproofing, fire-stopping and fireproofing, garage doors, rain gutters, shower doors, closet shelving and mirrors.
Last month IBP acquired Cutting Edge Glass, a provider of glass and glazing services to the commercial construction market with annual sales of $10 million.