Installed Building Products Announces the Acquisition of Cutting Edge Glass

Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, announced the acquisition of Cutting Edge Glass (“Cutting Edge”).

Founded in 1999, Cutting Edge has one location inDenver, 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 acquisitions representing approximately $43.0 million of acquired revenues. Acquisitions remain a key component of our growth plan and we continue to have a robust pipeline of acquisition opportunities across multiple geographies, products and end markets.”

View source version on businesswire.com: https://www.businesswire.com/news/home/20180813005662/en/

Source: Installed Building Products, Inc.