Description
Installed Building Products Expands Again—These 3 Acquisitions Might Be a Big Deal!
Installed Building Products is making decisive moves to expand its U.S. footprint despite ongoing macroeconomic uncertainty. On February 2, 2026, IBP announced the acquisitions of Thermo-Tech Mechanical Insulation (~$13 million in revenue), Biomax Spray Foam Insulation (~$5 million), and CKV Finished Products (~$4 million), signaling a deliberate push into both new geographies and complementary product categories. These transactions follow an active year in which the company added nearly $60 million in annualized revenue via M&A and ended Q3 2025 with a record $778 million in quarterly sales. Management has emphasized scale, geographic expansion, and product diversification as key pillars of growth, while maintaining disciplined capital allocation. With its balance sheet in a strong position (net leverage of 1.09x) and $365 million in buyback capacity still available, IBP is positioning itself to reinforce its leadership in a fragmented residential and light commercial installation market.
