Installed Building Products on seventh acquisition of the year, $93M acquired revenue in 2015

Installed Building Products described an active acquisition program, calling this its seventh deal of the year and noting total acquired revenue in 2015 of approximately $93 million.

““We are pleased to announce our seventh acquisition of the year with trailing 12 month sales at Sept. 30, 2015 of approximately $7.6 million,” said Jeff Edwards, chairman and chief executive officer. “These established branch locations extend our presence in Southern California, while diversifying our installation services to commercial customers. This acquisition brings our total acquired revenue in 2015 to approximately $93 million.””

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