Installed Building Products, Inc. (NYSE : IBP) acquired Statewide Insulation Inc. for $10.1 million on May 23, 2022. The consideration includes $9.6 million in cash and $0.47 million in seller obligations. The annual revenues of Statewide Insulation, Inc. was approximately $14 million.

Installed Building Products, Inc. (NYSE : IBP) completed the acquisition of Statewide Insulation Inc. on May 23, 2022.