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Stock impact report

Installed Building Products Announces the Acquisition of Tatum Insulation III, LLC [Yahoo! Finance]

Installed Building Products, Inc. (IBP) 
Last installed building products, inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Tatum Insulation III, LLC ("Tatum"). Tatum is headquartered just outside of Wilmington, North Carolina, and serves new residential and new commercial end markets throughout the state. Tatum installs multiple building products including fiberglass insulation, shower doors, shelving, mirrors, and other products installed in the interior of homes and buildings. "Tatum adds over $17 million of annual revenue to our business, giving us increased geographic exposure and the opportunity to deepen our presence with single-family, multi-family, and commercial customers throughout North Carolina," stated Jeff Edwards, Chairman and Chief Executive Officer. "To date in 2024, we have acquired over $90 million of annual revenue. Acquisitions remain a key component of our growth strategy, and we continue to have a strong pipeline o Show less Read more
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