Installed Building Products Inc., an installer of insulation and complementary building products, recently acquired Denison Glass and Mirror Inc. and an affiliated entity, DGM Glass LLC.
Established in 1947, Denison is located in Denison, Texas, serving mostly the Dallas/Fort Worth area. Denison primarily installs glass, frames, curtainwall and related products into new commercial construction projects. DG primarily installs shower doors and windows in new and existing residential projects.
IBP also announced the acquisition of Mr. Insulation Co. Inc., a Hermiston, Ore.-based installer of insulation, gutters, windows and siding to single-family, multifamily and commercial customers primarily in the state of Oregon but also in Washington.
“With approximately $20 million of annual revenue, DGM expands our presence to commercial builders within the strong construction markets of Dallas and Fort Worth,” says Jeff Edwards, chairperson and CEO. “In addition, our recent acquisition of Mr. Insulation increases our presence within Oregon and Washington state. To date in 2021, we have acquired approximately $130 million of annual revenues, further surpassing our $100 million acquired revenue target for this year. 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 would like to welcome DGM and Mr. Insulation onto our team.”