M&A Deal Summary

Installed Building Products Acquires BioFoam of North Carolina

On December 8, 2015, Installed Building Products acquired building materials company BioFoam of North Carolina

Acquisition Highlights
  • This is Installed Building Products’ 8th transaction in the Building Materials sector.
  • This is Installed Building Products’ 10th transaction in the United States.
  • This is Installed Building Products’ 1st transaction in North Carolina.

M&A Deal Summary

Date 2015-12-08
Target BioFoam of North Carolina
Sector Building Materials
Buyer(s) Installed Building Products
Deal Type Add-on Acquisition

Target

BioFoam of North Carolina

Raleigh, North Carolina, United States
BioFoam of North Carolina LLC (dba Prime Energy Group) is an installer of spray foam insulation to residential customers.

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Buyer(S) 1

Buyer

Installed Building Products

Columbus, Ohio, United States

Category Company
Founded 1977
Sector Building Materials
Employees10,600
Revenue 2.8B USD (2023)
DESCRIPTION

Installed Building Products is a manufacture, sale, and installation of building products for the commercial building industry. IBP provides insulations, shower doors, mirrors, shelving, waterproofing, gutters, garage doors, and fireplaces. Installed Building Products was founded in 1977 and is based in Columbus, Ohio.


DEAL STATS #
Overall 10 of 68
Sector (Building Materials) 8 of 35
Type (Add-on Acquisition) 10 of 67
State (North Carolina) 1 of 5
Country (United States) 10 of 68
Year (2015) 8 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-11-09 Sierra Insulation Contractors

Ontario, California, United States

Sierra Insulation Contractors, Inc. is a manufacturer and marketer of premium-quality building materials, commercial/ industrial roofing, reinforcements, filtration media, and other specialty products.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-01-25 Key Green Builder Services

San Antonio, Texas, United States

Key Green Builder Services LLC is a provider of installation services primarily to single family residential customers in the Austin and San Antonio, Texas markets. Products include spray foam and cellulose insulation, and closet and garage storage systems. In addition, Key Insulation provides energy rating services through a related entity.

Buy -