Angle Advisors announces Thermo-Tech Mechanical Insulation has been acquired by Installed Building Products

Company Overview - Thermo-Tech Mechanical Insulation, Inc. is a leading provider of mechanical insulation services with a 40-year history in insulation contracting, offering advanced mechanical insulation products and installation services [3] - The company is headquartered in Watertown, Wisconsin, and utilizes a proprietary ERP system that provides a competitive advantage in forecasting staffing needs and delivering high-quality work across various systems [3] Acquisition Details - Installed Building Products, Inc. (IBP) has acquired Thermo-Tech, with Angle Advisors serving as the exclusive investment banking advisor for the transaction [1][2] - Following the acquisition, IBP's operational capabilities extend to over 250 locations and a workforce of more than 10,000 employees [4] - IBP aims to leverage the acquisition of Thermo-Tech to enhance its growth in the commercial insulation space, building on its established leadership in residential insulation services [4] Angle Advisors' Role - Angle Advisors played a critical role in the successful sale of Thermo-Tech, demonstrating industry insight and effective transaction execution [2] - The firm has a strong track record, having completed over 310 transactions since 2009, focusing on mergers and acquisitions advisory and capital raising services in the industrials and services sectors [5]