Installed Building Products acquires Custom Glass Atlanta, terms not disclosed
Installed Building Products announced the acquisition of Custom Glass Atlanta, Inc. and Atlanta Commercial Glazing, Inc., which consists of five branches throughout the Southeastern U.S. Founded in 1991, CGA primarily provides bathroom installation services to new, single-family residential customers. "With combined annualized revenues of $11M, CGA and ACG further diversifies our product and end-market mix, while enhancing our footprint in the Southeastern U.S. Our pipeline of potential acquisitions remains strong. We continue to focus on selectively acquiring well-managed and complementary residential and commercial installers," stated Jeff Edwards, chairman and CEO.