Installed Building Products Announces the Acquisition of Euroview Enterprises, LLC

Acquisition Adds Approximately $20 Million of Annual Revenue

Installed Building Products, Inc. (the “Company” or “IBP”), an industry-leading installer of insulation and complementary building products, today announced the acquisition of Euroview Enterprises, LLC, Contract Mirror and Supply Co., and CLM Solutions, LLC (collectively “Euroview”). Established in 1961, Euroview is headquartered in Elk Grove Village, Illinois, with an additional location in Burnsville, Minnesota. Euroview focuses on new single-family and multi-family construction projects throughout Illinois and Minnesota with a separate, smaller entity that focuses on commercial projects. Shower doors, shelving, and mirrors make up the vast majority of Euroview’s revenue.

“Euroview adds approximately $20 million of annual revenue to our business, reinforcing our presence in the Midwest region while increasing our access to sizable Illinois and Minnesota markets,” stated Jeff Edwards, Chairman and Chief Executive Officer. “Acquisitions remain a key component of our growth strategy and we continue to have a robust pipeline of opportunities across multiple geographies, products, and end markets. On behalf of everyone at Installed Building Products, I want to welcome Euroview onto our team.”

About Installed Building Products

Installed Building Products, Inc. is one of the nation’s largest new residential insulation installers and is a diversified installer of complementary building products, including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving and mirrors and other products for residential and commercial builders located in the continental United States. The Company manages all aspects of the installation process for its customers, from direct purchase and receipt of materials from national manufacturers to its timely supply of materials to job sites and quality installation. The Company offers its portfolio of services for new and existing single-family and multi-family residential and commercial building projects in all 48 continental states and the District of Columbia from its national network of over 250 branch locations.

Source: Installed Building Products, Inc.