On the Record · Installed Building Products
Installed Building Products acquisitions, on the record
The businesses Installed Building Products bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
businesses (8 businesses acquired in 2023)Word for word“We continue to diversify our operations through our acquisition strategy as we acquired 8 businesses in 2023 that we expect to contribute approximately $75.0 million in annual aggregate revenues.” 10-K for 2023 | acquisition | 2023 | — |
Acquisitions of businesses, net of cash acquiredWord for word“Acquisitions of businesses, net of cash acquired of $ — , $ 0.5 and $ 1.7 in 2023, 2022 and 2021, respectively ( 59.6 ) ( 113.5 ) ( 241.3 ) Proceeds from sale of property and equipment 2.7 2.0 2.7 Settlements with interest rate swap counterparties 16.7 4.0 — Other, net ( 1” 10-K for 2023 | acquisition | 2023 | 59.6 |
over 200 acquisitionsWord for word“Since 1999, we have successfully completed and integrated over 200 acquisitions, which has allowed us to generate significant scale and to diversify our product offerings while expanding into some of the most attractive new construction markets in the United States.” 10-K for 2024 | acquisition | Since 1999 | — |
Insulation SuppliesWord for word“Our third distribution business is the recently acquired Insulation Supplies which is headquartered in New Hope, Minnesota.” 10-K for 2024 | acquisition | — | — |
nine businesses acquired in 2024Word for word“We continue to diversify our operations through our acquisition strategy as we acquired nine businesses in 2024 that we expect to contribute approximately $104.2 million in annual aggregate revenues.” 10-K for 2024 | acquisition | 2024 | approximately $104.2 million in annual aggregate revenues |
businesses acquired in 2024 (investing in acquisition strategy)Word for word“Our liquidity remains strong despite investing $88.6 million in our acquisition strategy, and we more than tripled the 2023 amount of shareholder return through repurchasing $145.3 million of our Company's stock and paying $84.7 million in dividends during the year ended December 31, 2024.” 10-K for 2024 | acquisition | year ended December 31, 2024 | $88.6 million |
businesses acquired in 2023 (investing in acquisition strategy)Word for word“Our 2023 liquidity was strong despite investing $59.6 million in our acquisition strategy, repurchasing $6.3 million of our Company's stock and paying $63.1 million in dividends during the year ended December 31, 2023.” 10-K for 2024 | acquisition | year ended December 31, 2023 | $59.6 million |
distribution businessesWord for word“Our distribution businesses were acquired in December, 2021 and April, 2022.” 10-K for 2024 | acquisition | December, 2021 and April, 2022 | — |
Carolina Precision FibersWord for word“Our manufacturing operations include Advanced Fiber Technology ("AFT") located in Bucyrus, Ohio, and Carolina Precision Fibers ("CPF"), a 2025 acquisition operating in Ronda, North Carolina.” 10-K for 2025 | acquisition | 2025 | — |
seven businessesWord for word“We acquired seven businesses in 2025 that we expect to contribute approximately $53.3 million in annual aggregate revenues, and we also completed four bolt-on acquisitions that were merged into our existing businesses.” 10-K for 2025 | acquisition | 2025 | — |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Goodwill from acquisitions |
|---|---|---|
| 2016-12-31 | $53.3 million | $16.9 million |
| 2017-12-31 | $137.1 million | $47.7 million |
| 2018-12-31 | $57.7 million | $17 million |
| 2019-12-31 | $51.7 million | $22.4 million |
| 2020-12-31 | $76.4 million | $21.3 million |
| 2021-12-31 | $241.3 million | $105.6 million |
| 2022-12-31 | $113.5 million | $49.3 million |
| 2023-12-31 | $59.6 million | $20.8 million |
| 2024-12-31 | $88.6 million | $33.1 million |
| 2025-12-31 | $51.5 million | $16.4 million |
Deal filings since 2016
- 2026-01-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-11-24 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-08-20 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2025-03-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-11-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-03-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2023-08-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-02-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-12-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-09-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-19 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-04-17 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-16 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-01-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-10-31 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-03-01 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Installed Building Products’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2026-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.