Installed Building Products Acquires Anchor Insulation Co.
March 13, 2023
Installed Building Products, Inc. (NYSE: IBP) has acquired Anchor Insulation Co., Inc., a Pawtucket, Rhode Island-based installer of residential, mechanical and industrial insulation with approximately $39 million of annual revenue. The acquisition expands IBP’s presence and service offering across the Northeastern United States (Rhode Island, Connecticut and Massachusetts) and adds to the company's 2023 acquisition growth.
- Targets
- Anchor Insulation Co., Inc.
- Industry
- Building Products
- Location
- Rhode Island, United States
- Transaction Type
- Buyout
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