Installed Building Products, Inc. (IBP) has announced the acquisition of Echols Glass & Mirror, Inc. and Vanderkoy Bros, LLC, adding over $16 million of annual revenue to its portfolio. Echols, based in Buford, Georgia, operates a wholesale glass design and fabrication division as well as a retail sales and installation business, serving residential customers in the southeastern U.S. Vanderkoy, headquartered in Wausau, Wisconsin, specializes in the installation of drywall and metal stud framing across commercial and residential markets in Wisconsin.
These acquisitions contribute to IBP's expansion in various housing markets and mark a key milestone in its growth strategy. In 2025, IBP has already acquired approximately $55 million in annual revenue, demonstrating the company's commitment to expanding its geographic presence and diversifying its product offerings.
Jeff Edwards, Chairman and CEO of IBP, welcomed Echols and Vanderkoy to the team, emphasizing the significance of acquisitions as a fundamental driver of the company's growth. These strategic moves align with IBP's focus on expanding across different geographies, products, and end markets, further solidifying its position as an industry-leading installer of insulation and complementary building products.
The acquisitions of Echols and Vanderkoy not only bolster IBP's revenue but also enhance its capabilities to cater to a wider range of customers and projects, reinforcing the company's competitive edge in the building products sector. As a result of these announcements, the company's shares have moved 0.47% on the market, and are now trading at a price of $240.32. Check out the company's full 8-K submission here.
