Installed Building Products Acquires Thermo-Tech Mechanical Insulation, Biomax Spray Foam Insulation, And CKV Finished Products; Financial Terms Not Disclosed

Installed Building Products, Inc. (the "Company" or "IBP") (NYSE: IBP), an industry-leading installer of insulation and complementary building products, today announced three recent acquisitions, Thermo-Tech Mechanical Insulation, Inc. ("Thermo-Tech"), Biomax Spray Foam Insulation, LLC ("Biomax"), and CKV Finished Products LLC ("CKV"). Together, these acquisitions continue to expand IBP's national footprint with well-run businesses across the U.S. and further diversify its revenue and cash flows in attractive building product categories.

Thermo-Tech was acquired on February 2, 2026, with annual revenue of approximately $13 million.