M&A Deal Summary

Installed Building Products Acquires CFI Insulation

On November 22, 2021, Installed Building Products acquired building materials company CFI Insulation

Acquisition Highlights
  • This is Installed Building Products’ 32nd transaction in the Building Materials sector.
  • This is Installed Building Products’ 58th transaction in the United States.
  • This is Installed Building Products’ 3rd transaction in Tennessee.

M&A Deal Summary

Date 2021-11-22
Target CFI Insulation
Sector Building Materials
Buyer(s) Installed Building Products
Deal Type Add-on Acquisition

Target

CFI Insulation

Knoxville, Tennessee, United States
CFI Insulation provides high-quality foam and traditional insulation products and services. CFI Insulation provides residential services in East Tennessee and surrounding areas and commercial services throughout the eastern United States. CFI Insulation was founded in 2003 and is based in Knoxville, Tennessee.

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Buyer(S) 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 STATS #
Overall 58 of 72
Sector: Building Materials M&A 32 of 36
Type: Add-on Acquisition M&A Deals 57 of 71
State: Tennessee M&A 3 of 3
Country: United States M&A 58 of 72
Year: 2021 M&A 8 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-11-01 Denison Glass & Mirror

Denison, Texas, United States

Denison Glass & Mirror primarily installs glass, frames, curtainwall, and related products into new commercial construction projects. DG primarily installs shower doors and windows in new and existing residential projects. Denison Glass & Mirror was formed in 1947 and is based in Denison, Texas.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-13 AMD Distribution

Spring Valley, Minnesota, United States

AMD distributes products and materials that are used primarily in the installation of spray foam insulation, metal building insulation, residential insulation, and mechanical and fabricated Styrofoam insulation in new construction projects. AMD was founded in 2001 and is headquartered in Spring Valley, Minnesota.

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