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Stock impact report

Installed Building Expands With Insulation Supplies Buyout [Yahoo! Finance]

Latham Group, Inc. (SWIM) 
Company Research Source: Yahoo! Finance
Established in 1986 and headquartered in New Hope, MN, Insulation Supplies serves customers across Minnesota and the upper Midwest. The company generates over $22 million in annual revenues, specializing in the distribution of fiberglass, spray foam, and cellulose insulation, along with insulation accessories and machinery for both residential and commercial markets. IBP's Stock Performance Shares of this industry-leading installer of insulation and complementary building products have gained 96.3% in the past year compared with the Zacks Building Products – Miscellaneous industry's 50.6% growth. Image Source: Zacks Investment Research Acquisitions have been a preferred mode of expansion for IBP for years. The company's persistent focus on prioritizing profitable growth through the acquisition of well-run installers of insulation and complementary building products bodes well. So far in 2024, IBP has acquired approximately $73 million of annual revenues. It intends to have a Show less Read more
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