Installed Building Products completes acquisition of Wholesale Insulation Supply, Inc. DBA Insulation Supplies to expand its geographic presence
Oct 07, 2024•about 1 year ago
Acquiring Company
Installed Building Products
Acquired Company
Insulation Supplies
Description
Installed Building Products, Inc. (NYSE: IBP) has announced the acquisition of Wholesale Insulation Supply, Inc., DBA Insulation Supplies. This strategic acquisition expands IBP's geographic presence and enhances its ability to efficiently meet the needs of insulation customers throughout the upper Midwest.
M&A Insights
Based on deal dataIntegration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed