Installed Building Products, an installation and builder services provider, acquired Royals Commercial Services. Millersville, Md.-based Royals Commercial Services provides spray foam insulation and thermal barrier insulation services for commercial customers throughout Maryland, Pennsylvania, Virginia, Delaware, and New Jersey.
“With approximately $10 million of annual revenue, Royals Commercial expands our presence in the greater Baltimore and mid-Atlantic markets,” Jeff Edwards, chairman and CEO of Installed Building Products, said in a prepared statement. “The commercial installation market is large and fragmented and is an important focus of our growth strategy.”
Commercial end markets represented approximately 18% of Installed Building Products’ total 2019 revenue. The company also provides builders and residential installation services including waterproofing, fire-stopping, fireproofing, garage doors, rain gutters, window blinds, shower doors, closet shelving, and mirrors.
Edwards also announced Installed Building Products had acquired a Chicago-based shower, shelving, and mirror installer with annual revenue of $1.1 million.
Columbus, Ohio-based Installed Building Products has a network of more than 180 branches across the United States. The company manages all aspects of the installation process for residential and commercial customers.
