IBP - IBP acquires Denison Glass and Mirror Mr. Insulation

Installed Building Products (NYSE:IBP) has acquired Denison Glass and Mirror and its affiliated entity DGM Glass ('DG'). Established in 1947, Denison primarily installs glass, frames, curtainwall and related products into new commercial construction projects. It is located in Denison, Texas and primarily serves the Dallas/Fort Worth area. DG, on the other hand, installs shower doors and windows in new and existing residential projects. IBP has also acquired Mr. Insulation, a Hermiston, Oregon-based installer of insulation, gutters, windows, and siding. IBP CEO Jeff Edwards stated: "With approximately $20M of annual revenue, DGM expands our presence to commercial builders within the strong construction markets of Dallas and Fort Worth. In addition, our recent acquisition of Mr. Insulation increases our presence within Oregon and Washington state. To date in 2021, we have acquired approximately $130M of annual revenues, further surpassing our $100M acquired revenue target for this year. Acquisitions remain a key component

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IBP acquires Denison Glass and Mirror, Mr. Insulation