Episode Details

In this episode of Global Economic Press, Alex Brady discusses the recent acquisition of Thermo-Tech Mechanical Insulation by Installed Building Products. Thermo-Tech, a leader in mechanical insulation services based in Watertown, Wisconsin, has been providing state-of-the-art insulation products and services for over 40 years. The acquisition was facilitated by Angle Advisors, who acted as the exclusive investment banking advisor to Thermo-Tech. David Schroeder, President of Thermo-Tech, praised Angle Advisors for their industry insight and professional execution, which led to a successful transaction.

Installed Building Products, established in 1977, is one of the largest insulation installers in the United States, with operations in over 250 locations and more than 10,000 employees. The acquisition of Thermo-Tech is expected to enhance Installed Building Products' capabilities in the commercial space, complementing their existing residential insulation services. Jeffrey Edwards, Chairman and Chief Executive Officer of Installed Building Products, expressed optimism about the growth opportunities this acquisition presents. For more information about Angle Advisors, visit their website at Angle Advisors LLC.