Installed Building Products (IBP), a Columbus, OH-based installer of insulation and building products to residential and commercial customers, has received a significant capital investment from Littlejohn & Co., LLC.
The investment, made in connection with a recapitalization of the company, is designed to enhance Installed Building Products’ future growth and development, expanding services and making potential acquisitions.
Led by CEO Jeff Edwards, IBP operates nationally installing insulation, gutters, fireplaces, garage doors, and related products.
Following the transaction, the company’s senior executives and the Edwards family will remain as majority shareholders in the ongoing business and will continue to focus on growth plans.
FinSMEs
21/11/2011