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Stock impact report

Installed Building Products Announces the Acquisition of Cutting Edge Glass

Installed Building Products, Inc. (IBP) 
Last installed building products, inc. earnings: 2/27 07:00 am Check Earnings Report
Company Research Source: Business Wire
– Acquisition Adds Over $10.0 Million of Trailing Twelve-Month Revenue – COLUMBUS, Ohio--(BUSINESS WIRE)-- Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE: IBP), an industry-leading installer of insulation and complementary building products, announced today the acquisition of Cutting Edge Glass (“Cutting Edge”). Founded in 1999, Cutting Edge has one location in Denver, Colorado. Cutting Edge specializes in providing glass and glazing systems primarily to the commercial construction market and has annual revenue of over $10.0 million. “We are excited to expand our presence in Denver, which represents one of the nation’s strongest commercial real estate markets,” stated Jeff Edwards, Chairman and Chief Executive Officer. “Cutting Edge has a high average project revenue that further diversifies our sales mix into commercial glass and glazing systems. To date, we have closed seven Show less Read more
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