Installed Building Products – Acquisition of CGA and ACG

Installed Building Products acquires Custom Glass Atlanta and Atlanta Commercial Glazing

The acquisition of Custom Glass Atlanta and Atlanta Commercial Glazing, Inc. by Installed Building Products adds approximately $11 million of annualized revenue.
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced the acquisition on March 20, 2017.
“With combined annualized revenues of $11 million, CGA and ACG further diversifies our product and end-market mix, while enhancing our footprint in the Southeastern U.S. Our pipeline of potential acquisitions remains strong. We continue to focus on selectively acquiring well-managed and complementary residential and commercial installers,” stated Jeff Edwards, Chairman and Chief Executive Officer.