Installed Building (IBP) Expands Presence With Two Acquisitions

Installed Building Products, Inc. (IBP) acquired Thrice Energy Solutions, LLC (Thrice) and Gutter Pro Enterprises, Inc (Gutter Pro). These acquisitions are expected to add approximately $14 million in annual revenues. IBP repurchased $46 million of common stock in June under its existing repurchase program. Focus on Acquisitions Bode Well During first-quarter 2024 and in April, IBP completed the acquisition of a Delaware-based installer specializing in fireplaces for new single-family construction projects, ...