Installed Building Products Acquires Old Dominion Group
Installed Building Products said it is expanding its commercial and industrial platform with the acquisition of Old Dominion Group.
Story updates
12:30:15 PM UTC
SquawkNews
Installed Building Products, Inc. (the “Company” or “IBP”) (NYSE:IBP), an industry-leading installer of insulation and complementary building products, today announced that it has completed the acquisition of Old Dominion Group (“ODG”), a leading mechanical and industrial installer of insulation, f…
12:33:27 PM UTC
SquawkNews
Installed Building Products entered into and completed a merger agreement to acquire Old Dominion Group, a mechanical and industrial installer serving commercial markets including healthcare, manufacturing and data centers. The transaction represents an enterprise value of $698 million, with closin…
12:36:40 PM UTC
SquawkNews
Under the terms of the Agreement and Plan of Merger governing the transaction, the acquisition is va