Residential insulation installer Installed Building Products files for a $100 million IPO

By
A A A

Installed Building Products, the second largest new residential insulation installer in the US, filed on Thursday with the SEC to raise up to $100 million in an initial public offering. The Columbus, OH-based company, which was founded in 1977 and booked $404 million in sales for the 12 months ended September 30, 2013, plans to list on the NYSE under the symbol IBP. Installed Building Products initially filed confidentially on December 9, 2013. Deutsche Bank and UBS Investment Bank are the joint bookrunners on the deal. No pricing terms were disclosed.



The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: News Headlines , IPOs

Referenced Stocks:

Renaissance Capital

Renaissance Capital

More from Renaissance Capital:

Related Videos

Stocks

Referenced

Most Active by Volume

26,907,881
  • $9.29 ▼ 7.10%
23,422,477
  • $73.83 ▼ 2.68%
13,785,087
  • $40.3301 ▼ 4.16%
13,388,371
  • $16.89 ▼ 0.59%
10,797,568
  • $5.40 ▲ 2.86%
10,441,184
  • $33.18 ▼ 2.18%
9,647,722
  • $10.21 ▼ 6.84%
9,644,544
  • $4.7605 ▼ 11.51%
As of 10/30/2014, 10:23 AM

Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com