Installed Building Products Acquires Combee Insulation (Lakeland, FL)

December 11, 2023

Installed Building Products, Inc. (NYSE: IBP) has acquired Combee Insulation Company, Inc., Combee Foam Products, Inc. and Air Tight Diagnostics, LLC (collectively “Combee”), a Lakeland, Florida-based installer of fiberglass and spray foam insulation and garage doors. Combee generates approximately $16.5 million of annual revenue and expands IBP’s footprint in Central Florida to serve single-family, multifamily and commercial new-construction customers.

Buyers
Installed Building Products, Inc.
Targets
Combee Insulation Company, Inc., Combee Foam Products, Inc., Air Tight Diagnostics, LLC
Location
Florida, United States
Transaction Type
Buyout

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