Installed Building Products Acquires Combee Insulation (Lakeland, FL)

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.