Add-on Acquisition • Construction

Installed Building Products Acquires General Ceiling & Partitions

On June 7, 2021, Installed Building Products acquired construction company General Ceiling & Partitions

Acquisition Context
  • This is Installed Building Products’ 13th transaction in the Construction sector.
  • This is Installed Building Products’ 54th transaction in the United States.
  • This is Installed Building Products’ 3rd transaction in Colorado.

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M&A Deal Summary

Date June 7, 2021
Target General Ceiling & Partitions
Sector Construction
Buyer(s) Installed Building Products
Deal Type Add-on Acquisition

Target Company

General Ceiling & Partitions

Colorado Springs, Colorado, United States
General Ceiling & Partitions is primarily installs drywall, framing, ceiling tiles, and firestopping/insulation for commercial customers. General Ceiling & Partitions was founded in 1986 and is based in Colorado Springs, Colorado.
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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 54 of 72
Sector: Construction 13 of 18
Type: Add-on Acquisition 53 of 71
State: Colorado 3 of 3
Country: United States 54 of 72
Year: 2021 4 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-19 Alpine Construction Services

Colorado Springs, Colorado, United States

Alpine Construction Services provides fiberglass and spray foam insulation installation services to residential and multifamily customers. The company is a fast-growing installer that expands its residential and multifamily insulation installation services to the compelling Colorado Springs market. Alpine Construction Services was formed in 2015 and is based in Colorado Springs, Colorado.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-13 Five Star Building Products

Orem, Utah, United States

Five Star Building Products engages in the installation and repair of residential and commercial garage doors in Orem and Hurricane, Utah, as well as insulation, at a competitive price. Five Star Building Products was founded in 2013 and is based in Orem, Utah.

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