Add-on Acquisition • Building Materials

Installed Building Products Acquires Carolina Glass & Mirror

On December 10, 2018, Installed Building Products acquired building materials company Carolina Glass & Mirror

Acquisition Context
  • This is Installed Building Products’ 22nd transaction in the Building Materials sector.
  • This is Installed Building Products’ 35th transaction in the United States.
  • This is Installed Building Products’ 4th transaction in North Carolina.

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M&A Deal Summary

Date December 10, 2018
Target Carolina Glass & Mirror
Sector Building Materials
Buyer(s) Installed Building Products
Deal Type Add-on Acquisition

Target Company

Carolina Glass & Mirror

Garner, North Carolina, United States
Carolina Glass & Mirror, Inc. installs commercial and residential glass applications with one location in Garner, North Carolina, and serving the greater Raleigh market. Founded in 1993, Carolina Glass has annual revenue of approximately $6.2 million.
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Buyer Overview 1

Buyer

Installed Building Products

Columbus, Ohio, United States

Category Company
Founded 1977
Sector Building Materials
Employees10,800
Revenue 2.9B USD (2024)
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 Context for Buyer #
Overall 35 of 72
Sector: Building Materials 22 of 36
Type: Add-on Acquisition 35 of 71
State: North Carolina 4 of 6
Country: United States 35 of 72
Year: 2018 9 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-12-10 Hamilton Benchmark

St Francis, Wisconsin, United States

Hamilton Benchmark, Inc. installs fire-stopping solutions to the large commercial construction market with one location near Milwaukee, Wisconsin. Founded in 1999, Hamilton Benchmark has annual revenues of approximately $1.3 million.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-03-18 1st State Insulation

Greenwood, Delaware, United States

1st State Insulation LLC provides fiberglass and spray foam insulation installation services primarily for single-family residential customers. 1st State Insulation LLC was founded in 2015 and is based in Greenwood, Delaware.

Buy -