secwatch.observer — SEC 8-K summary
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Issuer:     Installed Building Products, Inc. (IBP)
CIK:        0001580905
Form:       8-K
Filed at:   2023-03-13T23:59:59+00:00
Accession:  0001580905-23-000016
Event type: m_and_a
Sentiment:  positive
Materiality: 0.60
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

IBP acquires Anchor Insulation, adding ~$39M annual revenue
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- Anchor Insulation (Pawtucket, RI) provides residential, mechanical, and industrial insulation across the Northeast.
- Acquisition adds approximately $39 million of annual revenue to IBP's existing portfolio.
- IBP has completed ~$43M in annual revenue acquisitions year-to-date 2023; pipeline remains robust.
- Anchor's branches in RI, CT, and MA expand IBP's reach in the Northeastern U.S.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000016/0001580905-23-000016-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580905/000158090523000016/ibp-20230313.htm
  HTML page:      https://secwatch.observer/filing/0001580905-23-000016

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer