04:57 PM EDT, 10/13/2025 (MT Newswires) -- Installed Building Products ( IBP ) reported late Monday the acquisition of Echols Glass & Mirror and Vanderkoy Bros as it looks to expand its presence in the US and diversify revenue sources.

Financial terms of the deals were not provided.

The insulation installer expects the acquisitions to add more than $16 million of annual revenue and increase its offerings in multiple housing markets, Chief Executive Jeff Edwards said in a statement.

As of date, the company has acquired around $55 million in annual revenue, Edwards added.

Shares of the company were up 2% in recent after-hours activity.